MonoX Deployed to Mumbai Testnet (Polygon).

Published on: 23.06.2021

MonoX recently announced their exciting collaboration with Ethereum’s Internet of Blockchains — Polygon. Polygon (formerly Matic Network) is a framework for building interoperable blockchain networks on Ethereum.

MonoX aims to take advantage of the increased scalability, low gas fees and faster transaction speeds that the Polygon protocol offers. In doing so, they aim to provide their community with an improved user experience. They invite their users to test out their product on Polygon’s testnet; Mumbai.

A $20,000 reward pool of $MONO will be distributed amongst participants for engaging in various activities. This is the same pool as the original Kovan Pool for Mumbai testers.

About MonoX

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 our own vUSD stable coin, to offer a single token pool design.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium etc and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~214M txns and ~1.4M+ unique users.

⬇️DETAILS:

https://monoxteam.medium.com/monox-deployed-to-mumbai-testnet-polygon-e98e0e4390d3

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