Solaxy has successfully raised over $540,000 in its initial presale to address the network congestion issues on the Solana blockchain.

Project Overview

Solaxy aims to develop a Layer 2 scaling solution that will enhance transaction speeds and reliability during peak usage periods.

Solaxy uses rollup solutions to process transactions off the main Solana chain, reducing the processing burden on the network. This method improves transaction speed while maintaining the security of the base chain.

Funding Structure

Solaxy's funding structure includes a total supply of 138 billion SOLX tokens, with 30% allocated for ongoing development.

The project also offers a staking program with substantial rewards over a three-year period.

Development Roadmap

The development roadmap consists of four phases:

• Community building
• Launching on exchanges
• Deploying the Layer 2 network
• Expanding the ecosystem through partnerships

Key Focus Areas

Solaxy focuses on four critical areas within the Solana ecosystem, ensuring faster transaction processing and network stability.

• Processing transactions off-chain
• Mitigating network downtime
• Providing a seamless user experience
• Commitment to ongoing improvement and user feedback

Overall, Solaxy aims to provide a Layer 2 scaling solution, attractive tokenomics, and a clear roadmap to address network congestion and foster a vibrant community.