Sphynx Labs Weekly Update May 14th — May 20th, 2022

With extreme fear in the market, Sphynx Labs is still paddling against the current while developing in the background.

Sphynx BRC is growing at the same rate as Brise. Brise’s growth is seen in the Sphynx BRC chart, even in a sluggish market. Sphynx is also continuing to successfully launch projects via the Bitgert Startup Studio and, most importantly, through the Sphynx Labs Hub. Sphynx Labs was proud to announce that Whale Maker Fund is the first project on the Brise Network to use the Sphynx Labs Hub to hold their presale on Saturday, May 21th.

New pools are now available on the SphynxPad as one new staking pool is on the BSC side, and three new pools are on BRC.

The Total Locked Value (TVL) has seen significant growth over the last week, going from $4 million and this week surpassing $5 million. A 20% jump in one week!

Sphynx CRO and Sphynx BSC are on the uptrend with the market’s recovery.

Finally, the wallet and mobile application become closer with each passing week. Sphynx Labs is merely awaiting approval from Google and Apple before launching a marketing campaign.

There is much more to come with Sphynx. Stay tuned for Sphynx’s Weekly Updates posted every Friday or be informed on the Sphynx Telegram, Twitter, and Instagram pages.

Thank you for reading, and have a great week!