Heavy news: Starlink X will be launched on a decentralized exchange after the third stage of public offering. At that time, all users are welcome to deposit, withdraw and trade on the exchange, so stay tuned!

With the development of blockchain technology, it has promoted the emergence of a large number of tokens, and the blockchains are separated from each other and cannot communicate with each other, which reduces the core vitality of each chain and makes the circulation and management of digital assets more difficult. As the value of assets in the chain fluctuates, the demand for data and value exchange between chains has become a rigid demand, cross-chain technology has become the core driving force for the development of the blockchain field, and cross-chain bridges have become the key technology for the prosperity and development of the blockchain industry. .

Cross-chain bridge refers to a system bridge that can support the transfer of encrypted assets between different blockchains. The cross-chain bridge can realize the ecological migration of assets between all blockchains such as Bitcoin and Ethereum, completely break the island effect of the blockchain ecology, and truly realize the interconnection of blockchains. With cross-chain bridges, two chains can have different protocols, rules, and governance models, and cross-chain bridges provide a compatible way to securely interoperate between the two.

With the development of blockchain technology, many public chains with considerable capital have emerged on the market, and the asset scale of these public chains is still increasing. However, different chains are like isolated islands, assets on different chains cannot be freely exchanged and circulated, and many emerging public chains still lack infrastructure. As a result, Starlink X was born and introduced its own public chain through a cross-chain bridge, thereby breaking the information island between chains.

Description of Starlink X

Starlink X Labs was established in the United States in 2021 and is one of the blockchain development teams of the Starlink system. The core product Starlink X technical service has a good user reputation in the encryption market in Europe, the United States, and Japan, and is committed to providing professional digital asset management tools and services to 150,000 users in more than 40 countries around the world. In Japan, Europe, the United States, Russia , South Korea and China have a Starlink X community of over 40,000 people.

Starlink X is a cross-chain aggregation protocol incubated by the Starlink X Labs team. Starlink X’s mission is to provide users with cryptocurrency-based financial services that allow various crypto-assets to be exchanged in its decentralized wallet. In addition, “cross-chain exchange” is provided to enable settlement of assets in different networks, regardless of the limitations of typical blockchain networks. With the vigorous development of decentralized financial protocols (DeFi), open financial markets such as lending, exchange, and derivatives are becoming more and more mature. We hope to create a one-stop aggregation exchange platform through Starlink X, combined with decentralized exchanges, for Developers and users provide a more free and open trading environment.

Starlink X Features

• Permissionless, censorship-resistant: Anyone can access and use without permission in any environment, and does not need to pass any KYC review.
• Liquidity Aggregation: Users can directly access the liquidity of multiple DEXs on the corresponding network at one time through a decentralized wallet, and obtain the highest quality and effective transaction prices.
• Cross-chain transaction: Build a cross-chain transaction pool based on mature/potential cross-chain solutions in the market, allowing users to freely trade between multi-chain assets.
• Community-driven: According to the innovative design of the issuance and economic model of Starlink X Token, decentralized governance and community-driven development will eventually be realized.

Starlink X Mission

The innovation of DeFi has brought many practical applications to the industry and promoted the development of open finance. Decentralized exchanges (DEXs) are a notable example, which has gradually gained acceptance in the market with the participation and proliferation of consumers. The total pledged value of Ethereum DeFi projects has exceeded $60 billion (DeBank data). Of course

However, network congestion and poor scalability lead to high transaction fees. With the emergence of various Layer 2 schemes and the efforts of some side chains such as BSC and HECO, investors now have more choices. However, barriers between blockchains still limit the use of assets, and Starlink X helps address those limitations. In order to provide a more efficient and simpler way of trading, we compare famous exchanges on different chains to find the most efficient trading rates for users. In addition, we connect different blockchain networks through cross-chain protocols and allow users to freely exchange assets regardless of network barriers.

Starlink X Value Finance Roadmap

Q1 2022

▸ Community Development

▸Public offering (public offering in three stages)

▸ Log in to the online decentralized exchange

▸Ecological Development of Equity and Lending

▸Cex List

▸ Value Investment Fund

▸ Multichain Scanning Dapp Beta

Q2 2022

▸The official version of Dapp is online

▸ Login and launch more decentralized exchanges and mainstream exchanges

▸ Access to public chains such as xDai, Fantom, Cosmos, Fil, etc., and support cross-chain transfer operations

Q3 2022

▸ Launch of Value Store (VMS)

▸ Cross-chain development, develop multi-chain Dapp wallet

▸ Charity Website Development

▸ Reach strategic cooperation with more partners

Q4 2022

▸ Research on value finance in the meta-field, and cooperate with related projects in the meta-field to jointly build products

▸ Development/Testing and Distribution of ValueFi

▸ Non-Functional Testing Market

Q1 2023 and beyond

▸ Mainnet development (3 years) will be officially launched, skynet and groundnet will be linked to each other to build a multi-chain ecological network that never stops

▸ Combining the trend of the times and integrating development with new trends, we will create the world’s largest multi-chain interconnected open source ecosystem, and open a new era of interconnection of ten thousand chains in the blockchain industry.

In the future, Starlink X will join hands with the global star chain community and NASA to jointly build the Starlink X native consensus system to provide underlying asset support for the realization of communication cross-chain and cross-chain settlement system. At the same time, in the face of increasing transaction demands and cross-chain settlement pain points, the StarlinkX leading chain system has become saturated, and a new generation of industry-wide cross-chain solutions is urgently needed to adapt to new challenges.