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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
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The Sui ecosystem DEX platform Turbos launches a permanent Testnet in preparation for the Mainnet launch.
The DEX platform Turbos Finance on the Sui blockchain has released a permanent Testnet version
On April 27, a decentralized trading platform built on the Sui Network public blockchain announced the launch of a permanent Testnet version on Sui's public Testnet. This move is to prepare for the upcoming launch of the Sui mainnet on May 3.
The platform aims to be one of the first protocols to deploy centralized liquidity features in the Sui ecosystem. The launch of the permanent Testnet allows users to experience the platform's unique features and the user interface of the Sui Network, while collecting valuable feedback to further improve the product.
This permissionless testnet application showcases the advantages of the platform's concentrated liquidity market-making ( CLMM ) model. Users can customize the range for providing liquidity, concentrating funds within specific price intervals, thereby earning more trading fees with less capital. This approach is more advantageous compared to the traditional standard liquidity model based on the xy=k invariant.
Users can obtain tokens on the Sui Network Testnet, such as SUI, BTC, ETH, and USDC, for testing transactions and providing liquidity through the platform's official website. The platform also offers comprehensive tutorials to guide users through the Testnet experience, including wallet connection, acquiring test tokens, and navigating decentralized applications.
The platform encourages users to join its community server and share their experiences and insights in the dedicated Testnet feedback channel.
The co-founder and CEO of the platform stated: "The launch of the permanent Testnet is the final stage of our preparations for the mainnet launch. This timing is very appropriate as the Sui mainnet is set to be launched in early May. We expect to follow up quickly and successfully launch our platform on the Sui mainnet."
Turbos Finance is a decentralized exchange for all users, built on the Sui Network. It offers efficient and composable automated market maker (AMM) functionality, using a concentrated liquidity market maker (CLMM) model, and features derivatives trading capabilities.