IDEX Introduces Layer 3 Capabilities, Price Surge Follows
Author: Melanie LeeTo encourage users to take advantage of its latest version of the product, the exchange is offering a staking program designed to reward those who participate. By staking their tokens, users can earn a 50% share of the fees generated by IDEX. In addition, a series of activities is being planned for the remainder of the year to reignite the DeFi summer fuelled by the introduction of its Layer 3 capabilities.
At the time of writing, IDEX had slipped back from its local high, exchanging at around $0.0980 according to TradingView figures. However, the coin still held significant bullish momentum, with the next resistance set at $0.1094 and looking likely to be eventually breached. The success of the exchange’s new capabilities is clear in the implementation of Layer 3, with its innovative combination of decentralized exchange custody and centralized exchange performance providing an attractive option for users in need of a secure trading environment.