TriumphX, Activation of KlaySwap Klay/Ktrix Pool With News of Entering Metaverse Ecosystem

이선영 기자 | 기사입력 2021/11/26 [16:28]

TriumphX, Activation of KlaySwap Klay/Ktrix Pool With News of Entering Metaverse Ecosystem

이선영 기자 | 입력 : 2021/11/26 [16:28]


The KlaySwap KLAY/KTRIX pool of TriumphX, a developer of a cross-chain-based decentralized NFT platform, announced that liquidity and expected return (APY) have been rapidly increasing recently. It is analyzed that this is because the expectations of market participants have increased as the news that TriumphX is planning to enter the metaverse ecosystem and has plans to expand the business sector. 


According to TriumphX, as of the 26th of Nov., the pool size of KLAY/KTRIX of KlaySwap has increased by about 40% in the past few days, and as APY exceeds 200%, KSP is taking the top spot in dividend yield. It turns out that the rapid increase in the liquidity and APY of the KLAY/KTRIX pool is due to the addition of new liquidity from the outside, the increase in the KSP mining rate, and the increase in commission income due to the increase in the swap of KTRIX tokens occurring within the KlaySwap.


TriumphX recently announced a partnership with The Sandbox and announced that it would enter the metaverse ecosystem in earnest. TriumphX will be allocated a land within The Sandbox, and plan to use this land to create a virtual gallery, a metaverse space.


The virtual gallery is a space where you can view or purchase NFT art, and TriumphX recently agreed to jointly develop a game environment in Metaverse through a partnership with game developer Generation X (DX). This contains the planning intention to provide active activities, fun, and rewards beyond simple viewing to users.


TriumphX is also planning to build a Decentralized Metaverse Alliance with various partners with TriumphX as the main axis for aggressive business expansion from the NFT platform business to Metaverse.


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