SYS Labs’ Rollux Primed to Launch: Stronger, Cheaper, Faster, Better
We are thrilled to announce the definitive release date for the much-anticipated Rollux public mainnet!
Today, we are on the verge of a significant milestone years in the making. On June 28th, 2023, our pioneering EVM-L2 scaling platform Rollux will go live and revolutionize how the world experiences blockchain and Web3. This announcement follows our successful closed dry-run of Rollux mainnet, preceded by your enthusiastic feedback on its earlier testnet versions.
Rollux isn’t merely a platform; it’s the manifestation of our collective vision and relentless dedication. With Rollux, we’re set to deliver on our promise of speed, decentralization, security, affordability, and scalability — the pillars of blockchain technology that we always believed were necessary for supporting mass adoption in the most ideal way. As Jagdeep Sidhu, CEO of SYS Labs, stated,
“Our vision has always been to bridge the gap between the existing capabilities of blockchain and the needs of users, developers, and enterprises. Rollux is the way.”
But our journey doesn’t end with Rollux. Rather, it marks the dawn of a new chapter in our collective blockchain story. With Rollux serving as the bedrock, we’re thrilled to present a suite of innovative products that leverage the power of the platform to redefine what’s possible in the blockchain space.
SYS Labs’ projects include
- SuperDapp, the AI-infused Web3 social platform with privacy
- Pegasys DeFi exchange and AMM
- Luxy NFT Marketplace
- Pali Wallet V2, the easy-to-use Web3 wallet
- DAOSYS, the new standard for DAO models
- Camada, a non-custodial, regulatory-compliant asset management tool for institutions and retail
This suite of products, built upon the transformative foundation of Rollux, embodies our commitment to cultivate an ecosystem that fosters creativity, growth, and evolution. We’re laying the groundwork for a new epoch in the blockchain landscape, where the norm becomes swift, affordable, and scalable transactions that inherit the best decentralization and security.
In addition to SYS Labs’ own ventures, many partnerships have been formed over the years with teams who are excited to launch products on Rollux once it goes live. All of this points to a holistic ecosystem following close on heels of mainnet. Also, as we draw close to the release, we extend a general invitation to all EVM-based projects to come explore Rollux and its benefits.
SYS Labs goes beyond just building products; we’re shaping the fundamental layers of true Web3, connecting users, dApps, and assets to create seamless flows between ecosystems. All of our efforts are fortified by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability, PoDA.
The upcoming release of Rollux is indeed historic, not just for Syscoin and SYS Labs but for the broader blockchain industry. It embodies our optimism for the future and properly addresses the long-standing blockchain trilemma, finally facilitating mass adoption while preserving at its base the first ideals that gave blockchain value to begin with.
As we stand on the brink of this transformative moment, we wish to express our heartfelt gratitude to you, the remarkable Syscoin and SYS Labs communities. Your support and unwavering pursuit of our shared vision have been integral to everything we’ve accomplished. Together, we look to a future when blockchain technology is integral to our everyday lives in amazing ways no one has yet imagined.
In the words of Jagdeep Sidhu,
“We’re not just making a product, we’re making history.”
Thank you for being a part of this journey.
With utmost gratitude,
The SYS Labs Team
About SYS Labs
SYS Labs is a unicorn of unicorns, building the fundamental layers of true Web3, and connecting users, dApps, and assets to create seamless flows between ecosystems. SYS Labs creates the infrastructure, dApps, and tools necessary to meet the needs and desires of a global population, all backed by Bitcoin’s security and enhanced by Syscoin’s finality and groundbreaking L1 data availability solution, PoDA.
About Rollux
Built by SYS Labs, powered by Syscoin, and fueled by $SYS. Rollux is an EVM-equivalent optimistic rollup that inherits the security of Bitcoin’s mining network and Syscoin’s Layer 1 finality and data availability. Rollux functions as Syscoin’s Layer 2 to help provide the unprecedented scalability necessary for an exponential increase of potential use cases, and sets the stage for realizing mass adoption. Rollux offers what no one else does: unmitigated security, speed, decentralization, and affordability.
