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The development team has come a long way since last time we covered Luxy, the newest feature they have implemented is the amazing Luxy Staking and Farming!

LUXY - The NFT Marketplace has just launched Staking!

LUXY is on track to overtake other NFT platforms as the platform of choice for NFT users everywhere. Since its founding in March 2021, LUXY has expanded to a team of 19. A next-generation marketplace platform offers a fresh and better NFT experience.

On April 21st, 2022, the Polygon blockchain hosted the initial launch of LUXY, a multichain platform that is quick, scalable, environmentally friendly, cheap , and user-friendly. The team has put in a lot of effort to make sure that the NFT marketplace always makes use of the most cutting-edge decentralized technologies in order to uphold the fundamental idea of decentralization.

In addition to supporting GameFi, 3D models, User-owned Collections, all file types—including Audio—White Label Solutions, a user-friendly and intuitive UI/UX for easy navigation, and an integrated NFT Launchpad, LUXY also supports GameFi, multiple royalty addresses for group projects, and direct royalties.

Luxy.io Staking and Farming
The development team has come a long way since last time we covered Luxy, the newest feature they have implemented is the amazing Luxy Staking and Farming!

You can stake LUXY/USDC LP to get over 100% APR which is considerable in this bear market so don’t hesitate, you won’t find better elsewhere!

The utility token LUXY serves as the spine of the NFT Marketplace. Owners of tokens are entitled to a number of advantages, such as priority access to NFT drops, lower marketplace prices, and DeFi Staking incentives. Due to the buyback and burn system, which will burn 50% of the entire supply, the $LUXY token has a supply cap of 100 million tokens and a deflationary mechanism. This results in a final maximum cap of 50 million tokens.

Conclusion
We believe that LUXY the Balloon Dog NFT Marketplace is a fantastic and most welcome addition to the Polygon ecosystem. Their crew is energetic, and their community is quite active. The development team implemented tons of features and is working tirelessly to deliver excellence across the board!

Project Links:

Linktree: https://linktr.ee/LuxyNFT
Website: https://luxy.io/
Twitter: https://twitter.com/Luxy_io
Telegram: https://t.me/luxyio
Instagram: https://www.instagram.com/luxy_nft/
Medium: https://medium.com/@luxy.io
Discord: https://discord.gg/UqRPfhsBKF

Contact: [email protected]

Written By

Petrache Ionut

Sep 24, 2022