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Primex to launch main network this September

  • The project team is finalizing the audit
  • The network will initially roll out to the Polygon PoS ecosystem

The Primex project team released details today, July 5, regarding the launch of the core network. The audit of the project is expected to be completed within the next 12 weeks.

So the main network will be released, presumably in September. In parallel, the project team is working on a new toolkit that will be introduced in Q1 2024 along with Primex V1.

The developers have chosen Polygon PoS for the initial deployment. Initially, five assets will be available for trading on the network: wBTC, wETH, MATIC, USDC and USDT.</nbsp;

The same tokens will be added to Primex Credit Buckets, designed to simplify margin trading. This suite of products allows lenders to generate income by providing liquidity that traders borrow to trade on the spot market.. Later, the project administration promises to expand the list of available assets.

Also, after the launch, the project team plans to deploy the main network in one or two ecosystems. Among the options are Arbitrum and Ethereum. 

“We are very excited about the upcoming launch of the core network, as it marks an important milestone in our roadmap.. At the same time Primex is still available to testnet users, offering a risk-free environment to explore the possibilities of the platform.”

More about the project itself

We reported earlier on the release of update 0.3.0 for Primex.. And here you will find a detailed guide from the developers. Also note that version 0.4.0 has already been released, for which there is also an instruction. And here you will find a detailed overview of the platform from Incrypted.  Go, study and have time to test the capabilities of the protocol before the launch of the main network.