blufolio is pleased to announce its early-stage investment in environmental DeFi pioneer Enrex. About Enrex Enrex is building the first DeFi gateway to the untapped, a multi-billion dollar environmental and carbon markets. The company plans to launch the first exchange on Solana for CO2 allowances and renewable energy certificates. The Enrex platform will act as […]
What is Solana crypto?
Solana has revolutionized the cryptocurrency market. It is a programmable blockchain that supports the execution of fast transactions without losing its main feature, which is decentralization. In addition, Solana is innovative thanks to a mechanism that has been called proof-of-history. It can support up to thousands of transactions per second thanks to it. SOL, the native token of this blockchain, is used for transaction fees and can also be staked. Importantly, Solana's native cryptocurrency, called SOL, gives users the ability to pay transaction fees and interact with smart contracts.
Blufolio and Solana - where do their paths meet?
In 2021, Blufolio decided to invest in Enrex, a pioneer in DeFi for the environment. Enrex has decided to launch the first exchange on Solana dedicated to CO2 emission allowances and renewable energy certificates to achieve its goal. This allows the platform created by Enrex to act as a link between tangible assets and modern cryptocurrencies. Importantly, all processes and transactions can occur at the appropriate speed while ensuring security and significant savings.
Despite being a relatively new project, Solana crypto already offers substantial benefits in terms of speed and scalability. The token's price also shows strong performance, attracting investor interest.