Phamtom Testnet Went Live On Conflux Blockchain
The ultimate cross-chain protocol for Synthetic Asset issuance & exchange Phantom Finance launch its testnet live on Conflux Blockchain. Alongside with the announcement,the platform starts a bug and bounty event with a huge prizes to be won.
There will be $50,000 worth of PHM to be given away to Phantom early members who will partcipate on the program. During this event, users can experience on how to create synthetic assets with Phantom, how to participate in liquidity mining, and how to earn and claim PHM rewards.
Event time start May 20th 12:00 — May 31st 12:00 (UTC+8 Singapore time). For more guidelines on how to partcipate on the event users are very welcome to visit here.
ABOUT Phantom
Phantom is the ultimate cross-chain protocol for Synthetic Asset issuance & exchange. Phantom will introduce more high quality tokens as collateral. By building the basis of arbitrage triggered liquidation, and in combination with AMM based liquidation mechanism, it strives to prevent bad debts caused by untimely liquidation issues.
ABOUT Conflux
Conflux Network enables the secure and interoperable flow of assets and data to create an internet of value for all. Conflux Network is powering open finance through our ecosystem of cross-chain protocols, exchanges, and applications that are the legos to build the next-generation of DeFi.
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