Sirwin
Sirwin

THE WAIT SEEMS TO BE COMING TO AN END

By timsy | timsy | 19 May 2021


 

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IMAGE SOURCE - https://t.me/EurekaOfficial

 

I AM SHARING WITH YOU THE MAIN POINTS OF DEVELOPMENT OF IMPULSX DeFi ( IPX) BUILT ON EUREKA BLOCKCHAIN BECAUSE IT COVERS ALL ASPECTS LIKE SCALABILITY, LOW FEES, CONGESTION ETC.

Hello CRYPTO family.

There are some groundbreaking developments in the background that I felt like I should share with you. A big part of our research resources target identifying trends. A post-Covid world showed us just how much our global economy lives in the “cloud”, stock markets rallied FAANGs got stronger and the economy was fully functional thanks to those servers around the world that constitute the Internet. In a crisis scenario a bunch of servers spread across the world saved the day. Our current Internet is unfortunately not decentralized because the 21st century oil is data, not oil, thus, whoever controls the data, and data flow, controls the internet. If we could decentralize data we could solve problems that co-existed with humanity throughout all of history and we could create all sorts of things that never existed before because we always had to rely on centralized entities at some point. As we all know Blockchain tech came to the world to solve exactly this but the issue of scalability ruined the party. Bitcoin had a major fork in 2017 in its first Bitcoin civil war because of course war happens when the stakes are very high. What was at stake is the issue of Bitcoin’s scalability. A little later Ethereum started facing scalability issues with its CryptoKitties collectible dAPP. Since then not much changed. The theoretical Ethereum 2.0 will be there someday and Bitcoin chose not to get into the other blockchain applications and instead completely focus on being a store of value by being the hard money with layer 2 solutions to allow for a settlement layer and a transactional layer. In short, scalability is the quadrillion dollar question. We genuinely believe that Eureka has the most scalable blockchain technology in the world and by leveraging it to build the fastest and most efficient Decentralized Finance ecosystem in the world we will continuously bring more and more value to ERK and IPX in perpetuity. Right now Bitcoin excelled in the store of value application of blockchain, but SoV is just the first of the many groundbreaking applications of blockchain technology. These applications will be spread across multiple chains, and we believe the technological advantage of Eureka will allow us to build fascinating DeFi innovations and put Eureka amongst the pioneers of the Future of Finance.

The next five steps plan which will be in place very soon will create the perfect DeFi infrastructure in today’s standards that also has in place everything needed by other devs to innovate more and build more and make impulsX the biggest DeFi hub in the world.

Step 1: A state of the art wallet to facilitate everything DeFi.

Step 2: A state of art all inclusive Atomic Swap platform that allows atomic swaps as well as lending to liquidity pools and getting the best of yield farming. impulsX Token will be the native token of the platform and will allow receiving interests in IPX by lending to liquidity pools.

Step 3: A revolutionary token that locks value by taxing buyers and sellers and uses that tax through code to increase the net worth of the existing holders by always having more demand that’s automatically programmed in the code to keep a base of support and push the price higher. It’s a new DeFi innovation (it’ll need the atomic swap from step 2 to launch) it’ll work like a decentralized saving plan by buying and holding this store of value token. A lot of work went into developing its perfect economic code that will keep its price in a bullish trend in perpetuity because of economic forces maintained automatically through smart contracts.

Step 4: A state of the art virtual machine which allows wrapping everything crypto and non-crypto into a token on top of Eureka. Bringing everything to Eureka. Eureka is the most scalable blockchain in the world which will allow building the biggest DeFi ecosystem in the world

Step 5: A revolutionary derivatives decentralized platform. This will allow trading decentralized perpetual swaps on every crypto built or wrapped on top of Eureka, thus allowing everyone to long and short everything in a completely decentralized way.

 

INFORMATION SHARED BY THE DEVELOPING TEAM

We will release more information in a timely matter. We just wanted to share a glimpse of what we’re working on currently in the background. We strive for the best and that’s why our team of rock stars is working round the clock to build what gives Eureka and impulsX that groundbreaking edge. The DeFi breakthrough will propel ERK and IPX to the levels they should be at. The technological advantages of Eureka are proving to be decisive in our quest for perfection when it comes to the scalability of blockchain applications. The Eureka family deserves the best. Polaris, being the first Dev team of the Eureka Network, is building the most inclusive DeFi ecosystem in the world. This will not only bring billions of dollars in value to the Eureka ecosystem and the impulsX ecosystem, but it will also bring thousands of development hours from other dev teams across the world because the tech is simply too irresistible for beautiful minds who want to build scalable blockchain applications. Our brilliant devs are some of the most beautiful minds in the world with such visionary aspirations that reflect the values of Polaris and it is very inspiring to work together on bringing groundbreaking DeFi blockchain applications to the world.

Now after going through the details and DYOR if the project appeals and you want to be founders in the project you may create your account here - https://eurekax.io/signup?referral=1880520788

After creating the account & getting it verified, verification will be required for withdrawals of airdrops you can avail of these airdrops of projects developed on EUREKA BLOCKCHAIN

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IMAGE SOURCE - https://t.me/EurekaOfficial

 

IPX Airdrop- http://www.madinvestor.net/Airdrop/117

SOT Airdrop - http://www.madinvestor.net/SocialToken/31

GTW Airdrop - http://www.madinvestor.net/GamerTokenWorld/6

There are 12 projects planned as of now to be developed on Eureka Blockchain so this post will be updated as & when the airdrops will happen for those.

Eurekacoin Network - https://eurekanetwork.io/

Eurekacoin TG channel - https://t.me/EurekaOfficial

 

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timsy
timsy

I am a forex trader by profession. An experienced and certified Gemmologist. Love to interact with people from all walks of life and all from all around the globe.


timsy
timsy

Not limited to anything in particular but can reach anywhere or anyplace where our thoughts take us

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