Introduction
We are back with another update regarding our progress on Palmswap v2, and we’re excited to announce the near completion of all our milestones!
The last months have been full of activities focused on completing the platform development. After our internal tests, we managed to start the audit process with external partners.
As we prepare for our official launch, we are pleased to share with you the progress and achievements that have marked our journey through May.
The journey to Palmswap v2
Palmswap V2 is designed as a nextgen platform that overcomes the common problems of decentralized exchanges (DEX). Issues, such as front-running, price impact, asset constraints and lack of risk management features are a thing of the past. It provides a fully transparent and decentralized trading experience with a 100% on-chain trading protocol.
Palmswap V2 has a user-centric interface based on 2+ years of customer feedback to ensure a seamless trading experience. In the last blog article, we took a look at some important features in detail.
With the launch of v2, Palmswap will become one of the most advanced perpetual DEXes in the market.
Revealing the official launch roadmap
The beginning of May was incredibly exciting as we unveiled our roadmap. This detailed roadmap charts the course for our official launch and provides a clear vision of what to expect.
The roadmap is filled with inspiring opportunities and shows a wide range of revolutionary features that we are passionately working on with immense dedication. Notable components include lightning-fast 1-click transactions that make the trading process seamless, multi-chain deposits that allow you to directly transfer different tokens from different chains directly into the liquidity pool, and many more exciting features that are still in development!
Opening the Gates to Early Access
In May, we also opened the doors to early access for our Launch Event. We have seen an overwhelming response with over a thousand individuals signing up and nearly $10 million in committed liquidity for the chance to get early access to our official launch and Launch Event.
If you have not pre-registered and secured your early access yet, you can do it now: Palmswap: PLP Event Registration.
The deadline for submitting applications for the PLP event is in 12 days. The earlier you submit your application, the greater share of reward you can expect. Hurry up!
Audit
We have started the audit process for V2 and the first features have already been audited successfully. So a large part of the exchange is already audited and we will publish the full audit results soon upon completion. The first audit is currently being conducted by Zokyo. In a community poll on Twitter, the community decided to use CertiK as the second audit company.
Partnership
At the beginning of June the partnership with LI.FI Bridge Aggregator was announced. In this partnership, we will integrate a one-stop bridge to make PLP minting even easier to access through multi-chain deposits. Users can add any token from different networks to the liquidity pool of Palmswap V2 with only one transaction.
Conclusion
The upcoming weeks will be very exciting, the timer has started and is running. We are looking forward to this exciting new chapter and would like to thank our community for their tireless support.
Get In Touch with us
🌐 Visit us at palmswap.org 🌐
📩 Email us at office@palmswap.org 📩
💬 Connect with us on Discord 💬
✈️ Join our Community on Telegram ✈️
👾 Find us on Twitter — @Palmswaporg 👾
