After much anticipation, this week we will kickoff phase 3 of the testnet. This is far ahead of our original schedule, and will mark the final testnet release before our mainnet launch.
Some Highlights to Date
Over the past few months we have already witnessed two successful phases of Solstice. This included the early access to our exchange and then eventually the release of the trading competition.
In this time, we added a number of markets to display the capabilities of Injective that far surpass any other DEX in the market today. Some of these markets include:
- Yield Farming Derivatives
- Forex (ex. Euro, Japanese Yen, British Pound, etc.)
- Stocks (ex. Tesla, Twitter, Amazon, GameStop, etc.)
- Expiry Futures
- A diverse array of native crypto assets
Not only were we able to test new markets but also the underlying infrastructure of our product which we continued to optimize in order to offer an unparalleled trading experience for everyone.
What to Expect from Phase 3?
Phase 3 will include the introduction of brand new Injective features and incentive mechanisms. This will help highlight some of the major avenues that will attract both additional liquidity to our network and enable users to gain a firsthand look into some of the core functionalities of the INJ token itself.
This phase will also be by far the most exciting and eventful testnet phase. The end of phase 3 will culminate in the mainnet release. This means that phase 3 will actually refer to a number of new innovations that we have been working on for many months now.
Stay tuned as we will provide comprehensive details on how you can participate in phase 3 tomorrow.
About Injective Protocol
Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
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