The Pond Ecosystem to release Layer 2 Blockchain, Magma while Leading the Crypto 2.0 Revolution to Empower the People.
Bitcoin
and
crypto
currencies
were
originally
created
to
empower
the
people,
but
over
the
years
as
it
gained
popularity
and
financial
opportunity
became
prevalent
the
Venture
Capitalists
started
to
take
control
of
the
space
and
opportunities
extracting
the
value
from
the
holders.
The
Pond
ecosystem
was
created
by
the
controversial
crypto
personality
Jeremy
Cahen
AKA
@Pauly0x
to
give
power
and
value
back
to
the
holders.
“@Pond0x
is
a
decentralized
platform
offering
basic
DEX
functions.
You
can
swap
any
ERC-20
token
and
bridge
assets
to/from
other
chains.
What
distinguishes
Pond0x
from
other
DEX’s
are
the
numerous
benefits
to
users
of
the
platform.
Users
get
to
experience
regular
rewards,
free
claims,
and “easy
mode”
DeFi
yield
farming
mechanisms
via
the
platform
token
$PNDC”,
explains
@Kenobi
in
his
twitter
article
PONDX
PLAYERS
GUIDE.
In
its
first
200
days
Pondex
has
done
over
$679
million
in
volume
and
given
back
$28,560,000
in
claimed
rewards
to
its
users.
$PORK
was
created
as
part
of
the
Pond
Ecosystem
by
a
group
of
Pepe
community
members
after
the
Pepe
team
stole
more
than
$15
million
in
community
funds
and
they
still
held
more
than
15
trillion
tokens
as
an
option
to
move
into
a
true
community
driven
project.
Kenobi
outlines
details
in
his
article
$PORK,
THE
PEPE
FORK.
Not
only
did
the
Pepe
team
steal
the
community
funds,
but
they
never
received
permission
or
compensated
the
creator
of
Pepe,
Matt
Furie
for
using
his
property.
Pauly0x
raised
and
donated
$2
million
to
him
from
the
Pond
community
which
is
details
in
this
article
on
Binance,
Matt
Furie
Receives
Second
$1mil
Gift
in
$Pork
from
the
Pond0x
Community
–
Crypto
2.0.
The
Ecosystem
will
also
include
it’s
Layer
2
blockchain
MAGMA
which
was
built
to
solve
many
of
the
current
issues
faced
in
the
current
crypto
environment.
One
big
advantage
to
holders
is
that
the
L2
will
have
much
lower
fees
than
Ethereum
where
on
high
volume
days
transaction
fees
are
often
higher
than
the
actual
transactions
which
are
crippling
for
smaller
investors.
Crypto
Dominium
explains,
“Designed
as
a
multichain
liquidity
network,
Magma
offers
developers,
node
operators,
and
users
a
permissionless
path
to
customize
and
launch
liquidity-first,
economically
secure
applications.”
In
Binance
article
$PORK:
Transforming
MEME
Coin
Dynamics
with
Market
Makers
and
Tier
1
negotiations.
Magma
Chain
Next
What
is
Crypto
2.0?
“The
Answer
is
simple.”,
Explains
Pauly0x,
“A
new
paradigm
in
the
industry,
one
where
actual
innovation
and
execution
are
paramount.
And
above
all,
one
in
which
the
users
are
the
primary
beneficiaries
of
ALL
products.
In
Crypto
2.0,
we,
the
users
are
KING.”
Disclaimer
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.
Information
Accuracy
All
the
information
provided
is
subject
to
change
at
any
time
due
to
market
conditions
or
source
retractions
including
editorial
modifications.
For
more
information:
Website:
www.Pond0x.com
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