The Solanium Token (SLIM) has been listed on AscendEX starting on January 20 at 2 pm UTC under the trading pair SLIM/USDT.
Solanium is decentralised fundraising and trading platform on the Solana blockchain. It provides top-tier launchpads for SLIM, wallet management, governance, and a future decentralised exchange. Token holders can stake SLIM tokens to receive rewards. Token holders can manage their Solana wallets and participate in the protocol’s governance.
As part of the core foundations, the platform prioritises user experience, and user interface development, which some feel are lacking in the current Solana ecosystem.
In addition to supporting all major Solana wallets, the platform offers users in-line wallet management. Users will not have to leave the platform to see their token balances, send or receive tokens, or manage their token accounts.
The platform allows users to stake Solanium’s SLIM token to receive vSLIM tokens. vSLIM tokens give users exclusive access to launchpad pools, fee distribution, and voting rights. Staking is based on time-weighted voting. Users can lock SLIM tokens for a given period.
The longer the time-lock, the more significant the vSLIM boost, and the more vSLIM tokens users receive. The voting mechanism will be based on a Curve.fi DAO voting, with a lower maximum locking time.
Solanium’s governance will be a mix of centralised solutions and blockchain voting, with a centralised app that users can sign up and vote. Multiple community incentives will be integrated into the platform, introducing people from all levels to the Solana ecosystem and the Solanium Platform. The votes will be saved in the database of the application.
With AscendEX, you’ll be able to support the Solana ecosystem while working with the Solanium team.
AscendEX
Founded in 2012, AscendEX is a global cryptocurrency financial platform that connects over a million institutional and retail traders with information and resources they need to invest in cryptocurrency. AscendEX operates at the nexus of centralised finance and decentralised finance by offering margin, futures, spot trading, a robust wallet infrastructure, and staking support for over 200 blockchain projects.
These produce industry-leading yields and returns, driving the growth of the crypto ecosystem. AscendEX supports innovative projects from the DeFi ecosystem to cultivate scalable and secure forms of decentralised financing. It has become a leading platform for ROI on its “initial exchange offerings.”
Solanium
The Solanium platform is a decentralised platform for fundraising and trading on the Solana blockchain that includes a DEX UI, staking, wallet management, governance, and a launchpad for users to stake SLIM tokens and receive rewards. Using Solanium, users can manage their Solana wallet and take part in the governance of their protocol. UI and UX will be given the highest priority in the platform, as these are core principles lacking in the existing Solana ecosystem.
