Kyiv, Ukraine, January 18, 2023, Chainwire

Cross-Chain Major Brokerage Protocol Primex Finance releases a major update to its app. Released in two stages, Beta 0.3.0 introduces a variety of new features, as well as improvements and fixes to existing functionality.

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

On January 18, 2023, the Primex team will open public access to Beta 0.3.0, allowing anyone start the application and try the new version without restrictions.

Beta 0.3.0 introduces four major new features. As the first and foremost, Primex is now implemented on two new blockchains: Polygon Mumbai and Polygon zkEVM testnets. Consequently, users can now test Primex by trading and lending digital assets on DEXs on four different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). With the new multi-chain functionality, merchants and lenders can now trade between different networks through a single interface.

“When we asked our community which chains we should deploy Primex on, Polygon was by far the best choice among voters. While we were happy with the results, they came as no surprise to our team. Mumbai is the testnet for Polygon PoS, the Layer 2 blockchain with the highest DeFi TVL that can reach up to 7000 TPS.On the other hand, zkEVM is a newer solution that uses ZK-rollups via ultra-fast Polygon Zero technology to achieve low of 90% user fees on Ethereum’s L2. For these reasons, it makes a lot of sense to implement Primex on the testnets of these two blockchains.” said Vlad Kostanda, co-founder of Primex Finance.

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

• I support OKX Walletwhich users can now use to connect their wallets to Primex along with MetaMask and WalletConnect
• QuickSwap v2 DEX integration in Polygon Mumbai
• Improved trading experience through a new bot that periodically syncs asset prices on the testnet with the mainnet
• Improved UX for downloading trade history
• The ability to view the date and time an order or position was created on the trading page
• Bug fixes related to translation of certain Primex app components and translation delays after a user switches languages
• Additional optimizations and bug fixes

About Primex Finance

Founded in 2021, Primex Finance is the first major cross-chain brokerage protocol seeking to solve the DeFi market’s liquidity fragmentation problem by enabling lender-backed spot margin trading across numerous DEXs and blockchains with a trade execution mechanism. totally decentralized. In September 2022, the team advanced to the next stage of their roadmap by launching the Beta version of the platform. The project recently released Beta 0.3.0, a major update to the protocol that introduces a wide range of important features, functionality, and fixes. For more information visit Primex’s website Y Blog.

Contact

marketing director
Anton Demenko
PrimexLabs OÜ
anton@primex.finanzas