CoralX: Roadmap Update and Poseidon Testnet Launch on Sei Network
Empowering the Crypto Community with Cutting-Edge Features and Innovations
CoralX, the revolutionary decentralized finance (DeFi) platform, is rapidly progressing towards its vision of creating a transparent and inclusive financial ecosystem. With its unique model and commitment to innovation, CoralX has unveiled its roadmap, outlining the exciting developments and milestones planned for the upcoming quarters.
During the second quarter of 2023, CoralX focused on extensive market research to gain deep insights into user preferences and market trends. This research provided valuable data to refine our model and ensure alignment with user needs.
Q2: Product Launches and Testnet Deployment
During this period, CoralX made significant strides towards realizing its vision by launching three crucial features:
- Swap
- Add Liquidity
- Yield Farming
These functionalities provided users with diverse options to engage with the platform and maximize their returns. To ensure a seamless user experience and address any potential issues, CoralX launched its Beta Testnet. This testing phase was met with overwhelming participation, as over 6,000 #Seilors eagerly joined, executing more than 24,000 transactions. This resounding success highlighted the strong community support and validated the platform’s robustness.
Poseidon Testnet: A Remarkable Milestone
Building upon the achievements of the Beta Testnet, CoralX is delighted to announce the launch of the Poseidon Testnet on Sei Network. This development marks a remarkable milestone in the platform’s evolution and brings it one step closer to its Mainnet deployment.
The Poseidon Testnet, accessible at http://app.coralx.finance, showcases a fair and transparent mechanism that incentivizes early adopters. Users can explore the Testnet environment, familiarize themselves with the platform’s features, and provide valuable feedback to further enhance the user experience.
To guide users through the Poseidon Testnet, CoralX has prepared a comprehensive guideline available at here. This resource offers step-by-step instructions and insights into the Testnet’s functionality, empowering users to make the most of our testing experience.
Upcoming Developments: Q3 and Q4 2023
Looking ahead, CoralX has exciting plans for the upcoming quarters. In Q3 2023, the platform will focus on forging strategic partnerships and integrations, expanding its ecosystem and offering users an even wider array of opportunities. Additionally, new farms will be launched, providing users with enhanced yield farming options.
CoralX aims to promote community growth through a referral program, rewarding users who bring new participants to the platform. This incentivization mechanism further strengthens the bond between the Coral Keepers and the platform.
In Q4 2023, CoralX will introduce several key features, including the much-anticipated Limit Order Option and Perpetual Trading. These additions will elevate the trading experience on CoralX, providing users with advanced functionalities and greater flexibility.
Furthermore, the platform will undergo a significant upgrade in its trading user interface and user experience, ensuring a seamless and intuitive interaction for all participants.
It is important to note that the CoralX roadmap is subject to continuous updates and modifications to align with market trends and user preferences. Our team remains committed to delivering the best possible experience for its users and adapting to the evolving crypto landscape.
As CoralX progresses towards its Mainnet launch, the platform’s dedication to innovation, community engagement, and user-centricity continues to solidify its position as a leading player in the DeFi space. The Poseidon Testnet represents a significant milestone on this journey, offering users a glimpse of the exciting future that lies ahead.
