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TriumphX , developer of cross-chain decentralized NFT platform, started participating in DeFi of Klayswap on the 29th of last month. Klay-Trix pool participants airdrop of TRIX began on the 6th of April. The average percentage yield (APY) at the time of application of the TRIX airdrop is 5,220%.
DeFi is a system that provides decentralized financial services to users based on blockchain smart contracts. Klayswap is a global top DeFi platform that currently possesses liquidity of approximately 1.4 trillion won in digital assets and 20 pools.
To participate in the DeFi platform, it is necessary to convert the existing Ethereum-based erc-20s TRIX to the Klayton-based KTRIX. At this time, the Orbit chain acts as a bridge that helps the conversion between these chains. Those who supply digital asset liquidity to KTRIX and KLAY pools are given real-time transaction fees and KTRIX as compensation according to the system policy.
On the other hand, Triumph X has already released ENFTEE, a platform that can issue various NFTs such as art, sports, games, and characters, and recorded all of the recently published series of rookie digital writers. Including this, a month's worth of TRIX revenue generated from the “Rock & Robot” edition of the author Rosa Fantasy was burnt for the virtuous cycle of the token ecosystem.
In addition, TriumphX is preparing for the beta launch of SOLE-X, the main platform of the NFT marketplace, in early April.