Kyiv, Ukraine, 18th January, 2023, Chainwire
Cross-chain prime brokerage protocol Primex Finance rolls out a serious replace to its utility. Launching in two levels, Beta 0.3.0 introduces a wide range of new options, in addition to enhancements and fixes of current functionalities.
Beginning on January twelfth, 2023, Part 1 was completely accessible for Primex Early Customers, who may very well be the primary to have a hands-on expertise with Beta 0.3.0. Any further, Early Customers will get privileged entry to all main protocol updates sooner or later (starting from Beta 0.3.0). Along with the prospect to check new releases earlier than different group members, individuals of this system additionally get pleasure from additional advantages, resembling direct communication with the Primex group and fellow Early Customers through Discord, in addition to the flexibility 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 appliance and take a look at the brand new launch with out restrictions.
Beta 0.3.0 introduces 4 new core options. As the primary and an important, Primex now deploys to 2 new blockchains: the Polygon Mumbai and Polygon zkEVM testnets. Consequently, customers can now take a look at 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 group which chains we must always deploy Primex on, Polygon was by far the best choice amongst voters. Whereas we have been joyful in regards to 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 best DeFi TVL that may obtain as much as 7,000 TPS. Alternatively, zkEVM is a more recent answer that makes use of ZK-rollups through the ultra-fast Polygon Zero know-how to attain a 90% charge 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.
In addition to the above core options, the Primex group launched extra modifications to the protocol as a part of the Beta 0.3.0 replace, together with:
- Help 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 flexibility 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 utility’s sure elements and translation delays after a person switches between languages
- Extra 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 subject by enabling spot margin buying and selling backed by lenders throughout quite a few DEXs and blockchains with a very 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 venture rolled out Beta 0.3.0, a serious replace to the protocol introducing a variety of necessary options, functionalities, and fixes. For extra data, go to Primex’s web site and weblog.
CMO, Anton Demenko, PrimexLabs OÜ, [email protected]