Sphynx Weekly Update April 29th — May 6th, 2022
Another week has passed, and we are another week closer to Sphynx Labs bridging all the networks and releasing the Wallet and App.
This week, Sphynx Labs focused on marketing, doing many AMAs across different communities to spread awareness of the project as a whole, and specifically for Sphynx CRO. Sphynx started with Venom Calls and had a very energy-filled AMA that lasted over an hour. Sphynx Labs CEO Lonzo spoke of the current development of the wallet and mobile application and gave some hints that Sphynx would be launching on more chains very soon. The AMA with Gem Wings was focused on the Sphynx CRO token and the plans to become the best DEX available on the chain. The Cronos Chain shows lots of potential as Crypto.com continues to grow, and Sphynx will be there to capitalize. Sphynx finished out the week of AMAs with a large audience on their partner group Crypto Cats Calls and Digi Finex, the CEX that Sphynx is listed on with millions of daily users.
Chain News
Sphynx BRC continues to grow just as Brise itself does. The growth of Brise reflects on the chart for Sphynx BRC even in a down market. Sphynx also continues to launch many projects from the Bitgert Startup Studio successfully. New pools are now available as well. You can now stake Sphynx BRC to earn the Native Bitgert token, and you can stake/farm the pair of SphynxBRC/Numi from the Bitgert Startup Studio to earn more Sphynx BRC.
Sphynx CRO is still in its infancy, but the team is working tirelessly to continue to market Sphynx CRO and show the Cronos community what they have to offer.
Sphynx BSC has been on quite an uptrend, peaking around a $6 million market cap and holding during a down market. A new pool for the chain is in the works as well. Wallet
Lastly, the wallet and mobile application are drawing closer every week that passes. Sphynx Labs is only waiting on Google and Apple to approve the application for a marketing push.
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!
