Saturday, January 22, 2022

Cardano-Based Decentralized Exchange, SundaeSwap, Announces Date for Testnet Launch

SundaeSwap, a Cardano-based decentralized exchange (DEX), has announced that its tesnet is set to launch on 5th December 2021.

After the testnet launch, thousands of users will be able to test one of the most notable projects on the Cardano blockchain.

Read Also: Milestone Achieved: Cardano (ADA) Surpasses 20 Million Transactions without a Single Day of Downtime

Expressing the reason for scheduling the testnet launch, SundaeSwap team wrote:

“A testnet serves a number of purposes. First and foremost, to identify any bugs that come from being used by thousands of users with fresh eyes, as opposed to developers and auditors who’ve been working on it for months. Because of this, we are expecting bugs, and are eager to hear about them.

“Second, it provides an opportunity for us to provide a gentle on-ramp and training in a low-risk environment for the scoopers that the community recently selected to run the network. We’ll start with the network running on our nodes, and slowly bring the scoopers online, training them on the software we’ve built, and transitioning the protocol to being entirely run by them.

“Third, a testnet helps identify unexpected bottlenecks and inefficiencies. As we are now very close to our launch, we have to be careful to consider not just ourselves, but the ecosystem in which we exist. This is where you can help.”

The team further added that it will provide a detailed roadmap towards the launch once the testnet is concluded.

Read Also: What Makes Cardano the Most Anticipated Smart Contract Platform in the Blockchain Space

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The implementation of such incremental changes is believed to be crucial for making Cardano scalable enough for the decentralized finance (DeFi) sector.

Sometimes in September 2021, SundaeSwap sealed a partnership with a China-based top public blockchain, Nervos.


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Solomon Odunayo
Solomon Odunayo is a cryptocurrency journalist with over 3 years of experience in the crypto industry. He's sternly interested in covering developments of emerging and established blockchain projects.

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