MonoX is thrilled to announce the launch of the MonoX Testnet program. A $20,000 reward pool of $MONO will be distributed amongst participants for engaging in various activities.
Eligibility: Anybody is open to participate.
Duration: The testing period will begin today, at this very moment and will continue for a period of 3 weeks ending on June 23.
MonoX has activities for users to test key functionalities as well as bug bounties for any feedback or bugs found when testing.
PARTICPANTS ARE NOT LIMITED TO THE ABOVE ACTIVITIES.
PARTICPANTS ARE FREE TO EXPLORE THE TESTNET AND ENGAGE IN OTHER ACTIVITIES AND TEAM ENCOURAGE YOU TO DO SO.
THE ABOVE ACTIVITIES ARE BASIC KEY FUNCTIONALTIES TO HELP YOU GET STARTED.
To take part and be considered for the reward pool please sign up for the Testnet here
At the end of the 3 week period, winners will be announced and awarded.
Tokens will be weighted by the kind of bugs found by the community, rated from low, medium to high importance.
MonoX has assembled a couple of walkthroughs to help participants navigate through the platform.
To start exploring the MonoX Testnet on Kovan, do the following:
There are many ways to get KETH and if you are familiar/more comfortable ways, feel free to go that route.
1. Visit the Kovan faucet: https://faucet.kovan.network/
*NOTE: You need to have a GitHub account
2. Enter your Metamask wallet address and click send me KETH
3. Receive your KETH
*Make sure you are on the Kovan Testnet Network in your Metamask Wallet
Visit the MonoX Testnet Platform: https://kovan.monox.finance
Click on the “Connect Wallet” button in the top right corner
Connect Your Metamask Wallet
You’re ready to go!
Navigate to the “Pool” tab
Select “Add Liquidity”
Select $ETH and input an amount. Please add $ETH liquidity as it will grow the $ETH pool and make testing easier for everyone. However you are welcome to add liquidity to any token.
Enter an amount to remove using the slider or buttons below
Choose $ETH as the primary token and $MONO as the secondary token. Enter an amount of $ETH to swap into $MONO
Thank you for showing your interest in MonoX and team hope you enjoy using Testnet. If you have any question feel free to reach out to us on any platform. Scroll down for the relevant links.
MonoX introduces the premier bootstrap decentralized exchange, Monoswap. Project owners can list their tokens without the burden of capital requirements and focus on using funds for building the project instead of providing liquidity.
It works by grouping deposited tokens into a virtual pair with own vUSD stable coin, to offer a single token pool design.
MonoX will revolutionize the DeFi ecosystem by fixing the capital inefficiencies of current protocol models. With lower trading fees, capital efficiency, and zero-capital token launching — MonoX will expand the capabilities of DeFi.
Follow these official social media accounts and visit the website to stay up to date.