Private Pools Network Beta Testing now Live
In what will be the first of many development updates, the Private Pools team is excited to announce the launch of our private beta testing environment for Private Pools Network! Over the past three months, we have been rigorously testing our platform in isolated environments with the help of close partners and early investors. This phase has been crucial in ensuring the stability and effectiveness of our platform, as well as collecting feedback on UI/UX throughout the testing process.
Our isolated testing environments have allowed us to fine-tune our systems and validate our core functionalities. These tests have focused on various aspects of our platform, including security, performance, and user experience. The feedback from our early testers has been invaluable in helping us identify and address any issues promptly.
Yield Distribution Contract
One of the major milestones we have achieved is the completion and successful testing of our yield distribution contract. This contract is a cornerstone for transitioning our testing phase from isolated environments to group testing environments, allowing yields from our trading strategies to be distributed among various indexes based on users’ positions in said indexes. This ensures fair and efficient distribution of yields to our liquidity providers. With this contract now fully operational and thoroughly tested, we are confident in moving forward to the next phase of our beta testing.
Next Phase: Group Environment
We are now ready to transition into a group beta testing environment. This phase will more closely simulate our final product’s live environment, allowing us to observe and optimize the interaction between multiple users in real-time. Our goal is to ensure that our platform can handle larger volumes of transactions and provide a seamless yield distribution experience to all users.
Incentive Airdrop
Participants in the Private Pools Network beta testing will receive an additional incentive for their early support and contributions to the product through a PPN token airdrop from the upcoming Token Generation Event (TGE). A total of 250,000 PPN tokens, representing 10% of the total airdrop allocation, will be distributed. The distribution of these tokens will be weighted based on the duration of participation, the amount of liquidity provided, and the number of pools created, ensuring a balanced distribution of incentives.
Indexes Offered During Beta Testing
For security reasons, this beta round will offer a select group of indexes during initial testing. Our full product suite, once live, will offer a wide range of index categories such as “Bluechips,” “DeFi Indexes,” “dePIN Indexes,” “AI Indexes,” and more, including the eventual ability for the public to create their own indexes. For simplicity, security, and a focus on testing, the following indexes will be available during our group beta testing phase:
- Index 1:BTC-ETH-USDT-FTM
- Index 2: BTC-NEAR-SOL-BNB-USDT
- Index 3: BTC-NEAR-SOL-FTM-USDT
- Index 4: PENDLE-UNI-MKR-CAKE-AAVE-SNX
- Index 5: BTC-ETH-TRX-SOL-BNB-AVAX-MATIC-FTM
- Index 6: FLOKI-BONK-JASMY-PENDLE-FTM-USDT-INJ
- Index 7: USDT-ETH-NEAR-SOL-FTM-AVAX
- Index 8: PENDLE-UNI-MKR-USDT-BAT
If you have exposure to the aforementioned asset combinations or wish to have exposure to these asset combinations, feel free to apply to join our beta testing NOW.
We invite all interested parties to join the waitlist for participating in our group beta testing phase. This is an excellent opportunity to get an early look at our platform, provide feedback, and contribute to the development of a groundbreaking DeFi solution. To join, please register using the following application form.
There are prerequisite entry requirements for being accepted into this beta testing environment, so acceptance into the beta program will be based on the information you provide in this form. This is an exclusive opportunity, so please don’t be discouraged if you are not accepted in this round; there will be more opportunities to participate (you are still early).
Stay tuned for more updates as we continue to build and refine the Private Pools Network. As a community, we are paving the way for a new era in decentralized finance, cornering the volatility farming market in the process.
About Private Pools Network
Private Pools Network is transforming decentralized finance by leveraging privatized order flow and automated arbitrage to optimize liquidity efficiency and maximize yield generation. Our platform is designed to eliminate competition and extract value from market volatility, significantly enhancing returns for liquidity providers.
For more information, visit our website or follow us on Twitter.
