The SOLA-X raise on the crypto fundraising platform, AngelBlock, is set to take place from June 29 to July 8. The goal of the fundraising campaign is to strengthen the project’s financial position, with a minimum amount of 50,000 Tether (USDT) required to be raised during the AngelBlock round. The softcap target is set at 50,000 USDT, while the hardcap target is 200,000 USDT. The funds raised will be used to develop SOLA-X’s offerings and assist with the roadmap. Gas fees will need to be taken into account, as the raise will occur on the Ethereum blockchain. AngelBlock has also been selected to be part of the Aleph Zero Ecosystem Funding Program, which will provide grant funding and connect AngelBlock to a larger network within the Aleph Zero ecosystem. SOLA-X aims to address problems in the DeFi industry, such as impermanent loss and high slippage, with features like Smart Liquidity Routing and Smart Liquidity Arbitrage.
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