Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets

Please fol­low and like us:
Pin Share

[PRESS RELEASE – Kyiv, Ukraine, 18th Jan­u­ary 2023]

Cross-chain prime bro­ker­age pro­to­col Primex Finance rolls out a major update to its appli­ca­tion. Launch­ing in two stages, Beta 0.3.0 intro­duces a vari­ety of new fea­tures, as well as improve­ments and fix­es of exist­ing functionalities.

Start­ing on Jan­u­ary 12th, 2023, Phase 1 was exclu­sive­ly avail­able for Primex Ear­ly Users, who could be the first to have a hands-on expe­ri­ence with Beta 0.3.0. From now on, Ear­ly Users will get priv­i­leged access to all major pro­to­col updates in the future (begin­ning from Beta 0.3.0). In addi­tion to the chance to test new releas­es before oth­er com­mu­ni­ty mem­bers, par­tic­i­pants of the pro­gram also enjoy fur­ther ben­e­fits, such as direct com­mu­ni­ca­tion with the Primex team and fel­low Ear­ly Users via Dis­cord, as well as the abil­i­ty to par­tic­i­pate in pri­vate chal­lenges and earn exclu­sive prizes.

On Jan­u­ary 18th, 2023, the Primex team will open access for the pub­lic to Beta 0.3.0, allow­ing any­one to launch the appli­ca­tion and test the new release with­out restrictions.

Beta 0.3.0 intro­duces four new core fea­tures. As the first and the most impor­tant, Primex now deploys to two new blockchains: the Poly­gon Mum­bai and Poly­gon zkEVM test­nets. Con­se­quent­ly, users can now test Primex by trad­ing and lend­ing dig­i­tal assets on DEXs across four dif­fer­ent blockchains (Ethereum Goer­li, zkSync 2.0 test­net, Poly­gon Mum­bai, and Poly­gon zkEVM test­net). With the new mul­ti-chain func­tion­al­i­ty, traders and lenders can now swap between dif­fer­ent net­works via a sin­gle interface.

“When we asked our com­mu­ni­ty which chains we should deploy Primex on, Poly­gon was by far the top choice among vot­ers. While we were hap­py about the results, they didn’t come as a sur­prise for our team. Mum­bai is the test­net of Poly­gon PoS, the Lay­er 2 blockchain with the high­est DeFi TVL that can achieve up to 7,000 TPS. On the oth­er hand, zkEVM is a new­er solu­tion that uses ZK-rollups via the ultra-fast Poly­gon Zero tech­nol­o­gy to achieve a 90% fee reduc­tion for users on Ethereum’s L2. For these rea­sons, it makes great sense to deploy Primex on the test­nets of these two blockchains,” said Vlad Kostan­da, Primex Finance’s Co-Founder.

Besides the above core fea­tures, the Primex team intro­duced addi­tion­al changes to the pro­to­col as part of the Beta 0.3.0 update, including:

  • Sup­port for the OKX Wal­let, which users can now uti­lize to con­nect their wal­lets to Primex along­side Meta­Mask and WalletConnect
  • The inte­gra­tion of the Quick­Swap v2 DEX on Poly­gon Mumbai
  • Enhanced trad­ing expe­ri­ence via a new bot that peri­od­i­cal­ly syn­chro­nizes asset prices on the test­net with the mainnet
  • Improved UX for down­load­ing trad­ing history
  • The abil­i­ty to see the date and time when an order or posi­tion was cre­at­ed on the trad­ing page
  • Bug fix­es relat­ed to the trans­la­tion of the Primex application’s cer­tain com­po­nents and trans­la­tion delays after a user switch­es between languages
  • Addi­tion­al opti­miza­tions and bug fixes

About Primex Finance

Found­ed in 2021, Primex Finance is the first-ever cross-chain prime bro­ker­age pro­to­col that seeks to solve the DeFi market’s liq­uid­i­ty frag­men­ta­tion issue by enabling spot mar­gin trad­ing backed by lenders across numer­ous DEXs and blockchains with a total­ly decen­tral­ized trade exe­cu­tion mech­a­nism. In Sep­tem­ber 2022, the team advanced to the next stage of its roadmap by launch­ing the platform’s Beta release. Recent­ly, the project rolled out Beta 0.3.0, a major update to the pro­to­col intro­duc­ing a wide range of impor­tant fea­tures, func­tion­al­i­ties, and fix­es. For more infor­ma­tion, vis­it Primex’s web­site and blog.

SPECIAL OFFER (Spon­sored)

Binance Free $100 (Exclu­sive): Use this link to reg­is­ter and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Spe­cial Offer: Use this link to reg­is­ter & enter POTATO50 code to receive up to $7,000 on your deposits.

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *