Sphynx Labs Rockets with Relaunch of Token

New York, New York--(Newsfile Corp. - April 9, 2022) - After a week of seeing the crypto market in the red, Sphynx Labs has gone the other direction by seeing great growth with the relaunch of the $SPHYNX token. They relaunched the token on March 30 by releasing utilities such as four new staking pools, four new farming pools, and NFT Staking on the BSC Network.

Sphynx Labs

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Locked Liquidity and Pools

Sphynx Labs has reached another major milestone by reaching $1 million in LP across their farming and staking pools, earning investors even more on their returns just for holding. The total locked liquidity on the Sphynx dAPP has also surpassed 10 million. As more projects launch on the SphynxPad and choose to put liquidity with the swap, more and more users will come to know all Sphynx Labs offers.

Sphynx Labs has four new farming pools. The SPHYNX/BNB, which has a multiplier of 9x and an APY of 1276%, The BNB/BUSD, which has a multiplier of 3x and an APY of 670%, BNB/USDC that, has a multiplier of 3x and a 645% APY, and the BNB/USDT which has a 3x multiplier and a 707% APY. 

CEX Listing

$SPHYNX will be accessible for public trading on the centralized trading platform DigiFinex on Friday, April 8, 2022. DigiFinex is a user-friendly Cryptocurrency trading platform with over 4 million members from over 150 countries. According to the CoinMarketCap website, it is presently a top 15 CEX with close to 4 billion dollars in daily volume and is rated 10th for liquidity and trading volume.

This is the first public listing of $SPHYNX anywhere, and the increased trade volume will bring many more eyes to the project. Sphynx will also get the top promotion on DigiFinex at launch to help establish a strong presence on the platform.

Dex Screener

Sphynx Labs now also has integration with Dex Screener. Dex Screener is a DEX aggregation site that allows users to see tokens and DEXs across all chains. In addition, users of the site can also trade directly on different DEXs, such as Sphynx, by clicking trade without even leaving the site.

Sphynx BRC

On the Brise Network, Sphynx is the first and major swap for Bitgert, delivering services such as the launchpad, staking and farming platform, and many more creative utilities. Projects launching on Sphynxpad are seeing great success, selling out their presales while having their charts looking healthy. Omniverse, for example, launched on the Sphynxpad and is up over 700% since launch.

Sphynx Labs Burns $132k Worth of Tokens

On Friday, April 8, the team of Sphynx Labs burned over 11 million tokens that were valued at more than $132k. Burning these tokens allows Sphynx to reduce the supply and continue to give high APYs for the staking and farming pools. As a result, Sphynx Labs is determined to have the max supply of the token at 1 billion.

Wallet Extension and Mobile App

The anticipated Wallet Extension and the Mobile app have completed their beta stages and should be released soon. These features were built from the bottom up to make the Defi experience as easy as possible, providing a CEX-style experience in a DEX environment. A unique feature of the Wallet Extension and Mobile app is that users can directly buy cryptos with their credit cards and not have to go through the hurdles of third-party platforms.

Sphynx Labs continues to maintain its place as an up-and-coming leader in the crypto space and currently shows no signs of slowing down any time soon. So expect some big moves once the wallet, app, and CEX listing start.

Media Contact: Lonzo Arthur

Sphynx LabsEmail: support@sphynxlabs.comWebsite: https://sphynxlabs.coTelegram: https://t.me/sphynxlabsTwitter: @SphynxLabs^[2][3][4][5]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119795^[6]

References

1. ^{^} https://orders.newsfilecorp.com/files/8203/119795_ff0dba6f64892a91_001full.jpg (orders.newsfilecorp.com)
2. ^{^} support@sphynxlabs.com (www.newsfilecorp.com)
3. ^{^} https://sphynxlabs.co (www.newsfilecorp.com)
4. ^{^} https://t.me/sphynxlabs (www.newsfilecorp.com)
5. ^{^} SphynxLabs (www.newsfilecorp.com)
6. ^{^} https://www.newsfilecorp.com/release/119795 (www.newsfilecorp.com)