SYS Labs Announces Rollux Phase 2 with Advanced DeFi Devices Supported by Bitcoin

SYS Labs Unveils Phase 2 of Rollux, Supplementing DeFi with Bitcoin Support Rollux offers comprehensive DeFi tools and privacy-focused SuperDap. The Syscoin architecture and UTXO bridge enhance Web3 scalability and interoperability.

SYS Labs, the driving force behind Rollux, has announced the launch of Rollux Phase 2, introducing powerful decentralized finance (DeFi) tools powered by Bitcoin and Syscoin.

This development represents a significant leap forward in the DeFi universe, enhancing the performance and inclusiveness of the Web3 ecosystem.

Rollux level 2

Rollux Phase 2 marks a quantum leap in Diffie's universe, in innovation and inclusion. SYS Labs' commitment to growing the Web3 ecosystem, bolstered by its Bitcoin security and Syscoin data access solution, continues to lead the development of blockchain technology and decentralized finance.

Rollux, an EVM Layer-2 solution, leverages the strength of the Bitcoin mining network to facilitate Ethereum network applications. It powers SuperDap, a platform that seamlessly integrates AI, messaging, video calling, an unsecured crypto wallet, and a developer marketplace.

SuperDap provides users with a secure and private online interaction environment, enriching the Rollux ecosystem.

Rolex will present a comprehensive range of DeFi tools and services in the second phase, solving the blockchain trilemma – speed, scalability and affordability.

As a ZK-lite client, cross-chain bridges, decentralized exchanges (DEXs), liquidity protocols, product aggregators and a launchpad, Rollux is set to lay the foundation for a strong Web3 ecosystem.

Rollux's solid foundation includes Syscoin's dual layer-1 architecture, featuring both a native UTXO chain and a NEVM chain. The newly introduced UTXO bridge facilitates the migration to Rollux's EVM Layer 2, facilitating the transition between UTXO and Layer 2 according to popular demand.

Rolex expanded its Web3 applications and services to include Pegasys DeFi exchange, Luxy NFT Platform, Pali Wallet (available in web and mobile versions), DAOSYS, and Camada, a non-custodial, regulatory-compliant crypto trading platform. The ecosystem is powered by Chainge Cross-Chain Aggregate DEX, Agave DeFi Credit Protocol, Gamma Liquidation Protocol, Nexter Prediction Market, GoRollux Launchpad, Beefy Product Aggregator and LayerSwap – the first bridge to enable direct and rapid migration from centralized exchanges to blockchains.