LUXY WILL BE THE FIRST NFT MARKETPLACE ON THE SYSCOIN ECOSYSTEM!

On the Syscoin network, the decentralized finance (DeFi) platform Luxy presented its first NFT marketplace. As a result, Luxy is also the first NFT marketplace to be hosted on Syscoin, marking a significant achievement for the platform.

In April 2022, Luxy’s debut on the Polygon Network as a decentralized organization. On July 13, it finished integrating with the Syscoin Layer 1 mainnet. Luxy offers an outstanding user experience in addition to all the features of a complete DeFi platform.

Users will gain access to the Bitcoin network’s impenetrable security system thanks to the integration of Syscoin. In addition, the project was built using modular blockchain technology, facilitating easy scaling.

Furthermore, compared to other NFT-backed projects, the user experience is unmatched. The company team ensures the project adheres to industry standards and covers all the functions necessary for a premier NFT marketplace.

Luxy and SysPunk NFT have agreed to a partnership in honor of the new blockchain. As a result, the first Syscoin property will be unveiled, which is the SysPunk NFT.

However, the SysPunk NFT launch won’t be live until several hours after Luxy’s official Syscoin debut. For the SysPunk discount minting, holders of the native Luxy token ($Luxy on Syscoin) are qualified. To further cement its cooperation, Luxy has joined forces with Dex Pegasys, the native token of Syscoin.

Since July 6, the $Luxy token has been listed on the Pegasys. Finance platform. Holders of both tokens can earn up to 300 percent of the initial APY in interest.