Testnet Version 2.0 Update

MYX.Finance
2 min readFeb 3, 2024

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Introduction

Dear MYX Community Members,

We are ecstatic to announce the official rollout of the significant 2.0 version update to our test network. This update represents a comprehensive overhaul, bringing an entirely new experience to everyone! We will also address a few questions that have been of particular interest to the community.

Testnet Conclusion: Our testnet phase is swiftly coming to an end. It has been an unforgettable journey during this time, where we have gathered invaluable insights and enjoyed the active participation and support from our community members.

Bug Bounty Announcement: Following the conclusion of the testnet phase, we will quickly announce the results of our bug bounty program. We deeply appreciate the effort of every contributor.

Shell Snapshot: With the end of the testnet phase, we will take a snapshot of the shells (testnet accounts) for all participants. This step is crucial for a seamless transition to the mainnet and also serves as recognition of the contributions made by community members during the testnet phase. Through this, we wish to express our gratitude for your efforts and contributions in this stage.

Update Highlights:

1.Introduction of Time Travel Functionality:

Time Travel allows for the execution of orders or liquidations that should have been executed but were delayed due to network congestion, downtime, excessive order traffic, keeper downtime, oracle price issues, or contract attacks, thereby safeguarding the interests of traders and LPs.

2.New Keeper Execution Fees

3.New WebSocket (Ws) Price Push Service to Candlestick Charts (K-line)

Fixed Previous Discrepancies Between Oracle Prices and Chart Prices

4.Margin Asset Changed from USDT to USDC:

Listening to community feedback, as USDC is now the more widely used asset among on-chain traders, we have changed the margin asset from USDT to USDC.

5.MLP New Data Panel and Transaction Details Page:

MLP has updated its interaction methods and UI, offering more information on MLP to better manage it.

Product Usability Enhancements

  • New Beginner Video Guides
  • Enhanced Popup Interaction Visuals
  • New Profit and Loss Percentage Settings for Stop-Loss and Take-Profit: Now you can directly input the desired percentage of profit to set the price.
  • Trade Panel Adjusted to Default Market Price

System Security Optimization

  • New System Operation Risk Alerts
  • Multiple Audits of Contract Code to Enhance System Security
  • Other Functional Optimizations and Bug Fixes

Conclusion

We thank our community members for their continuous support and valuable feedback. These updates are designed to provide you with a smoother and more efficient trading experience. Please continue to follow our updates and enjoy the new changes MYX brings!

Happy trading!

Join our community to stay in the loop.

For collaboration: marketing@myx.finance

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MYX.Finance
MYX.Finance

Written by MYX.Finance

Pioneering Decentralized Trading for Real Traders

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