Primex Finance Announces Mainnet Launch and Future Plans
Primex Finance, a non-custodial prime brokerage protocol, is excited to announce the upcoming launch of its highly anticipated mainnet. The team is making significant progress, with the code frozen and the auditing process underway. Here are the key points:
– Auditing Process: Independent auditors are expected to complete the auditing process in the next 12 weeks.
– Mainnet Beta: Primex Finance is scheduled to launch its mainnet Beta in September 2023.
– Protocol Versions: The team is actively developing subsequent protocol versions, set to be rolled out in early 2024.
– Initial Deployment: Primex will be launching on the Polygon PoS network, supporting leveraged trading of wETH, wBTC, MATIC, USDC, and USDT.
– Trading Options: Users can engage in margin trading, non-leveraged trading through Spot1X trades, and decentralized limit swaps.
Primex also plans to deploy on one or two additional chains, such as Arbitrum and the Ethereum mainnet. The team aims to cater to traders with large position sizes while supporting the broader community with more L2 blockchains.
In conclusion, Primex Finance is excited about the mainnet launch and continues to be available to early users on the testnet. Users can now access the project’s Whitepaper and Yellow Paper for more information.
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