[PRE-ANN] LuxChain - Classic PoW L1 Blockchain, Decentralized & Deflationary

[PRE-ANN] LuxChain - Classic PoW L1 Blockchain, Decentralized & Deflationary

Introducing LuxChainLuxChain is a groundbreaking Layer 1 (L1) blockchain, revitalizing the proven security of Proof of Work (PoW) mechanisms with innovative features specifically tailored for decentralized finance (DeFi), NFTs, and advanced smart contract functionality. LuxChain is dedicated to maintaining decentralization at its core, ensuring an ecosystem that is robust, secure, and user-centric.Key Features
    Decentralization: Fully decentralized network with no single point of failure.Ecosystem: Designed to support a thriving environment for DeFi and NFTs.Rapid Deflation: Implements a unique economic strategy with block rewards reducing by 5% every 100,000 blocks to encourage early adoption and increase token value stability.Stablecoin Sidechain: Focus on enhancing the utility and scalability for DeFi applications.
---Roadmap for 2024Phase 1: Launch
    Mainnet Launch: Establishing the foundation of LuxChain.Release Tools: Block Explorer, RPC & Web Wallet.Swap Engine: For XPB & META tokens.
Phase 2: Development
    Stablecoin Sidechain: Enhancing transaction scalability and efficiency.DeltaSwap AMM: Facilitating seamless asset swaps.Community Driven Initiatives: Staking & farming DApps, launchpad, token locker, NFT marketplace, and cross-chain bridge.Mobile Wallet: Ensuring accessibility and convenience for users.
---Tokenomics
    Ticker: LUXMax Supply: 33 millionAllocation
      XPB and META Swap: 20M LUX  Proof of Work Mining: 10M LUX  Development: 3M LUX 
LuxChain employs a rigorous deflationary strategy to ensure scarcity and boost the token's long-term value.---Merging Visions: From MetaChain to LuxChainLuxChain emerges from the strategic merger of MetaChain and the discontinued PowBlocks project. This integration was driven by community feedback and a successful public poll advocating for a 1:1 token swap. LuxChain is a blend of MetaChain's innovation and the community spirit of PowBlocks, creating a unified and potent blockchain ecosystem.---Get InvolvedBecome part of the LuxChain community to help us redefine the blockchain landscape. Engage with us on our community channels, and let’s build the future of decentralized finance together.---Official Links- Website: https://luxchain.io/ - Twitter: https://twitter.com/LuxChainPoW - Discord: https://discord.gg/wTQYCAzBvn - TG Channel: https://t.me/LuxChainOfficial - TG Group: https://t.me/LuxChainChat LuxChain is committed to fostering a decentralized and scalable blockchain ecosystem. We invite you to join us on this exciting journey to reshape the world of blockchain and DeFi.

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