Solanium is a decentralized platform for fundraising and trading on the Solana blockchain. The platform includes a DEX UI, staking, wallet management, governance and a launchpad. Users can stake SLIM tokens to receive xSLIM. xSLIM is the platform’s governance token that is used for early or exclusive pool access, launchpad fee distribution, better odds in the lottery to win allocation in projects and vote in governance proposals
Features of Solanium
- Based on Solana
- Fast transfer
- Low fees
- Highly secure
- Delegated staking
- High liquidity
- Network with 50,000 transactions per second
Advantages of Solanium
- Solanium is also the most performant permission less blockchain where a network of 200 physically distinct nodes supports a throughput of more than 50,000 transactions per second.
- As a delegated staking blockchain, users gain some major advantages over the competition. For one, anyone can secure a passive income staking their SOL on the network
- With billions of users on board, it has achieved economies of scale and kept the application fees extremely low.
- Solanium has achieved high levels of scalability by leveraging the Proof of History and several other breakthrough innovations.
Disadvantages of Solanium
- Centralization still relatively high
- Even after so much success in recent time, there’s no clear roadmap yet
Solanium is based on Solana and one of the most advanced blockchains in operation currently. The developers behind this project succeeded in creating a network that could surpass today’s payment processors in terms of tps and functionality. It has a bright future ahead as it’s faster and cheaper.