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Kyiv, Ukraine, 18th January, 2023, Chainwire
Cross-chain prime brokerage protocol Primex Finance rolls out a significant replace to its software. Launching in two phases, Beta 0.3.0 introduces a wide range of new options, in addition to enhancements and fixes of present functionalities.
Beginning on January twelfth, 2023, Part 1 was solely out there for Primex Early Customers, who might be the primary to have a hands-on expertise with Beta 0.3.0. Any longer, Early Customers will get privileged entry to all main protocol updates sooner or later (starting from Beta 0.3.0). Along with the possibility to check new releases earlier than different neighborhood members, individuals of this system additionally take pleasure in additional advantages, resembling direct communication with the Primex group and fellow Early Customers through Discord, in addition to the power to take part in personal challenges and earn unique prizes.
On January 18th, 2023, the Primex group will open entry for the general public to Beta 0.3.0, permitting anybody to launch the applying and check the brand new launch with out restrictions.
Beta 0.3.0 introduces 4 new core options. As the primary and a very powerful, Primex now deploys to 2 new blockchains: the Polygon Mumbai and Polygon zkEVM testnets. Consequently, customers can now check Primex by buying and selling and lending digital belongings on DEXs throughout 4 completely different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). With the brand new multi-chain performance, merchants and lenders can now swap between completely different networks through a single interface.
“After we requested our neighborhood which chains we should always deploy Primex on, Polygon was by far the best choice amongst voters. Whereas we have been completely satisfied concerning the outcomes, they didn’t come as a shock for our group. Mumbai is the testnet of Polygon PoS, the Layer 2 blockchain with the very best DeFi TVL that may obtain as much as 7,000 TPS. Then again, zkEVM is a more moderen answer that makes use of ZK-rollups through the ultra-fast Polygon Zero know-how to attain a 90% payment discount for customers on Ethereum’s L2. For these causes, it makes nice sense to deploy Primex on the testnets of those two blockchains,” stated Vlad Kostanda, Primex Finance’s Co-Founder.
Moreover the above core options, the Primex group launched extra adjustments to the protocol as a part of the Beta 0.3.0 replace, together with:
Assist for the OKX Pockets, which customers can now make the most of to attach their wallets to Primex alongside MetaMask and WalletConnect
The mixing of the QuickSwap v2 DEX on Polygon Mumbai
Enhanced buying and selling expertise through a brand new bot that periodically synchronizes asset costs on the testnet with the mainnet
Improved UX for downloading buying and selling historical past
The power to see the date and time when an order or place was created on the buying and selling web page
Bug fixes associated to the interpretation of the Primex software’s sure parts and translation delays after a person switches between languages
Further optimizations and bug fixes
About Primex Finance
Based in 2021, Primex Finance is the first-ever cross-chain prime brokerage protocol that seeks to resolve the DeFi market’s liquidity fragmentation problem by enabling spot margin buying and selling backed by lenders throughout quite a few DEXs and blockchains with a completely decentralized commerce execution mechanism. In September 2022, the group superior to the following stage of its roadmap by launching the platform’s Beta launch. Lately, the challenge rolled out Beta 0.3.0, a significant replace to the protocol introducing a variety of essential options, functionalities, and fixes. For extra info, go to Primex’s web site and weblog.
Contact
CMOAnton DemenkoPrimexLabs OÜanton@primex.finance
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