Cardano (ADA) DEX SundaeSwap Announces Testnet Release Date – BeInCrypto

SundaeSwap, the expected exchange Decentralized (DEX) of Cardano (ADA) announced the launch date of the testnet for next December 5.

Via a published statement On the afternoon of Wednesday, December 1, the SundaeSwap team noted:

“We are delighted to announce that our testnet will launch on the evening (EST) of Sunday, December 5”

The testnet will allow to identify any error that comes from being used by thousands of users “unlike the developers and auditors who have been working on it for months.”

Fountain: Twitter

On the other hand, the launch will allow the developer team provide a smooth entry ramp and training in a low-risk environment for scoopers recently selected by the community to manage the network, and lastly, it will identify unexpected bottlenecks and inefficiencies:

“As we are now very close to launch, we must be careful to consider not only ourselves, but the ecosystem in which we exist. This is where you can help ”.

How the testnet works

The official document presents some of the distinctive elements of the launch as well as how community members can get involved in the milestone.

After launching the testnet, users will be able to use the faucet to obtain “play tokens” and, using Yoroi or Nami, I was able to trade the tokens and decide:

“Which flavor do you like best and try to get as many as you can, or stay diversified and balance your portfolio carefully.”

However, the development team emphasizes that, being a testnet any error can be raised, so it invites users to comment on their experience.

Finally, the statement highlights:

“After the testnet is complete, we will summarize what we have learned and provide a detailed roadmap to launch.”

Fountain: SundaeSwap

What is SundaeSwap?

SundaeSwap is a exchange decentralized in the blockchain Cardano. One of its main characteristics is the Constant Product Pool, what makes the swapping be more efficient while having a different accounting model and virtual machine.

SundaeSwap, funded by Mateen Motavaf and Artem Wright started its development in 2021 and has been gaining strength since then, strengthened after the launch of his whitepaper in June of this year.

The exchange has great potential to nurture the growth of the Cardano ecosystem. Much like the way Uniswap became critical to the growth of the DeFi space, SundaeSwap can also play a role for Cardano.

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Cardano (ADA) DEX SundaeSwap Announces Testnet Release Date – BeInCrypto

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