The cryptocurrency industry is ever-expanding and creating new possibilities and innovations for investors around the world. Calyx news…
According to the latest reports from the memecoin world, you can now pay your rent in Shiba Inu (SHIB) and Dogecoin (DOGE). This comes just weeks after the news that (some) luxury car dealerships in the USA are accepting Bitcoin (BTC) as a form of payment.
Purchasing a Porsche in BTC and paying rent in SHIB or DOGE. Staking tokens, and receiving rewards all while being part of a close-knit community of like-minded individuals on CLX.
There is nothing cryptocurrency can’t do, what an exciting time to be alive and be part of the crypto-world!
A DEX Platform for the Community: Calyx Token (CLX)
It has only recently been announced that the Calyx Token (CLX) project will be going live on the markets.
With the development of this permissionless liquidity protocol, the primary goal is to enable multi-chain cryptocurrency exchanges and the procurement of liquidity across numerous liquidity channels such as decentralised exchanges (DEXs), which operate on top of various blockchain networks. The system will allow trading and token exchanges at the best possible prices and value.
CLX, the native token in the Calyx Token ecosystem, is currently in the first stage of its presale. The presale began just under a month ago and has already shown to be rewarding and successful for venture capitalists.
Anyone who chooses to become a part of a dynamic and progressive community of virtual innovators is welcome to do so. Community, alongside innovation, will be central to the protocol’s existence in the markets.
Users of the CLX coin will receive a share of the trading fees collected in exchange for staking their tokens into a common liquidity pool. Providers of liquidity to other users have the ability to make additional income without having to perform any additional labour. This is passive income at its best.
Providers of liquidity to other users have the ability to make additional income without having to perform any additional labour. This is passive income at its best. Rewards and bonuses for staking tokens are also going to allow additional income.
Latest Trend: Pay Rent in Memecoins
A large real-estate corporation, Jamestown, has implemented cryptocurrency payments through the signing of a collaboration agreement with the digital payment provider BitPay.
Through the signing of what is considered to be one of the most successful commercial real estate deals, rent in cryptocurrency (SHIBA and DOGE) will be accepted at the company’s properties around the United States. The company is considering expanding into Europe in the next year.
Dogecoin is presently ranked 10th among the 2 thousand biggest BSC whales. S statistics showed an increase in on-chain Dogecoin transactions for $100,000 or more, reaching $2.59 billion on April 25.
Last Monday, Dogecoin soared following Tesla’s CEO Elon Musk’s finalisation of his disputed $44 billion takeover of the social media platform Twitter.
The spike could have taken place as Dogecoin is expected to have a central role in the Twitter-space.
Tesla CEO Elon Musk recommended allowing Twitter “Blue” subscribers to pay with Dogecoin (DOGE). Musk said it would be “great” if DOGE could be used on what is now his communication platform.
DOGE is now trading at $0.13, down from the $0.166 on April 25. Dogecoin has fallen 2.24% percent during the last 24 hours.
More on Calyx Token: