Skyline announces wrapped cAP3X token launch on Cardano
2025-07-10 14:19:53
Main Idea
Blockchain developer Skyline plans to deploy cAP3X, a wrapped AP3X token, on the Cardano blockchain to enable interoperability between Cardano and Apex Fusion networks, with features including token trading, bridging, and staking.
Key Points
1. Skyline will launch cAP3X on Cardano in collaboration with Apex Fusion, enabling interoperability between Cardano and Apex Fusion networks.
2. Users can transfer cAP3X from Cardano to PRIME Chain using the Skyline Bridge, where it converts to native AP3X at a 1:1 ratio.
3. Native AP3X tokens on PRIME Chain can be staked in Apex staking pools, offering up to 10% APY rewards through liquid staking mechanisms.
4. PRIME Chain combines Bitcoin’s UTXO security model with Ethereum’s smart staking operations to address blockchain fragmentation.
5. Following token deployment, bridge activation and staking features will become available on PRIME Chain.
Description
Blockchain developer Skyline has announced plans to deploy cAP3X, a wrapped AP3X token, on the Cardano blockchain , according to the information shared with Finbold on July 10. The launch, developed in collaboration with the Apex Fusion Foundation, will create a Cardano-native asset that provides access to the Apex Fusion ecosystem. The wrapped utility token will operate natively on Cardano ( ADA ), enabling interoperability between the Cardano and Apex Fusion networks. Users will be able to eng...
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