Testnet Update II

We are two weeks into our public beta. The response from the community has been overwhelming. Our team has been impressed by the quality of submissions and enjoyed identifying issues with the community. Together, we have been able to optimize our product very efficiently and our mainnet is certainly on track for next month, which gives us much excitement.

Last Friday, we also deployed on Mumbai (Polygon Testnet) and have seen very encouraging user metrics over the past four days. We also were able to identify and solve some key issues over the weekend thanks to your help.

Overall, we have seen more than 4k users on Mumbai, 27k transactions and more than 87 pools have been created, with 27 pools having a vUSD balance greater than 0.

✅ Staking functionality in Kovan

Fixed on Sunday, 6/20

✅ Add liquidity issues in Mumbai/Kovan networks,

Fixed as of 6/21

✅ Stake Functionality Mumbai,

Fixed as of 6/21

✅ ROI calculations

Fixed as of 6/21

Our Dev Team as usual has been hard at work, fixing and optimizing the product as well as working on new features.

🛠️ Under the hood:

Process improvements to make sure outages/issues are addressed much faster now.Deployments are targeted for Wednesdays now

🛠️ UI/UX Improvements:

When wallet isn’t connected it’s much more apparentHomepage — design V1.5 pushed

🛠️ Analytics:

Fees complete and being testedTotal liquidity calculations almost complete

🛠️ Mobile:

Still needs some work but should be more usable now; tricky relative to desktop

⏳ Up next:

Swaps:Recent tradesExplore FunctionalityMobile: Metamask connectivityStable URLs for projects to marketTransaction flow improvementsDark Mode:

We will be launching our Discord server to welcome all of our new community members. Please look out for our announcement.

Get Involved

It’s not too late to participate. To get started and participate in the Testnet, read this article here. Participants will receive a share of the $20,000

Thank you for showing your interest in MonoX and we hope you enjoy using our Testnet. If you have any questions feel free to reach out to us on any platform. Scroll down for the relevant links.

MonoX introduces the premier bootstrap decentralized exchange, Monoswap. Project owners can list their tokens without the burden of capital requirements and focus on using funds for building the project instead of providing liquidity.

It works by grouping deposited tokens into a virtual pair with our own vUSD stable coin, to offer a single token pool design.

MonoX will revolutionize the DeFi ecosystem by fixing the capital inefficiencies of current protocol models. With lower trading fees, capital efficiency, and zero-capital token launching — MonoX will expand the capabilities of DeFi.

Follow our official social media accounts and visit our website to stay up to date.

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