Synapse Power has officially launched the mainnet for XNAP, the utility token that supports the Synapse ecosystem. The token is now available for trading on PancakeSwap, paired with USDT. This launch marks a significant step in expanding the accessibility and usability of the Synapse platform.
The availability of XNAP on PancakeSwap allows users to trade the token directly on a decentralized exchange, enhancing liquidity and user engagement within the ecosystem. Synapse Power aims to leverage this launch to further develop its blockchain-based services.
**Why this matters**
The introduction of XNAP on a popular decentralized exchange like PancakeSwap increases the token’s market reach and trading options. This move supports the growth of the Synapse ecosystem by providing users with easier access to its utility token, which is essential for participating in the platform’s decentralized applications and services.
Source: News Source