Weekly Update: Sept 23–29, 2022.
As September comes to an end, the market is still struggling to show any bullish signs but instead of discussing how bearish the markets have been, let’s go directly into great things that the Sphynx Labs have been doing.
After integrating Loop Network’s chain onto Sphynx Labs, Sphynx Labs included OmniaVerse’s Apex Blockchain on Sphynx Labs just a week after.
The team of Sphynx Labs are honoured to be the chain’s sole DEX and endorse Omniaverse’s brand-new zero-gas blockchain, which includes all the Sphynx Ecosystem features such as an exchange with charts, a multi-chain bridge, staking and farming, launchpad, and soon an NFT Marketplace.
The launch was perfect. Once again, the Sphynx bridge was nothing short but excellent, transferring $OMNIA from BSC to Apex in seconds. The DEX was flawless, users could stake and farm right away, and the price of SPHYNX/OMNIA grew over 1000% within the first hour.
As mentioned above, the staking and farming pools for people to earn $SPHYNX is live. The options are:
Manual Staking Pool: APY is 12.8%
3-Day Auto Pool: APR is 13.4%
60-Day Auto Pool: APY is 181.8%
180-Day Auto Pool: APY is 242.8%
SPHYNX/LOOP: APR is 537% with an x1.95 Multiplier
To learn more about Omniaverse and Apex, read this Medium Article titled “Sphynx Labs Is Live On Apex.”
Loop NFT Staking is now live! 381 Scions have already been minted, and only 119 are available. The minimum to start earning is 1 Loop Scion NFT and 10,000 Sphynx Loop. So get your hands on one because they will not be around for long.
Link to mint Loop Scions: https://thesphynx.co/council/15551
The Loop network is coming to Sphynx DeFi App. Users can switch networks quickly and do all their Loop investing on the Sphynx Noble App, so look out for the update notification.
The team of Sphynx Labs have been over the moon about how successful the last two chain integrations were and are eager to do more.
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!
Sphynx Labs Links
Sphynx Mobile App on Apple App Store: https://apps.apple.com/app/sphynx-defi-app/id1626361848
Sphynx Mobile App on Google Play Store: https://play.google.com/store/apps/details?id=com.sphynx