aiPX Biweekly Update #2

aiPX
2 min readJul 28, 2023

Hey everyone! Welcome to our second biweekly newsletter where we update our community on all that’s going on with aiPX. Without further ado let’s jump right into it. For those who can’t read the full thing here’s a tldr;

  • aiPX incentivized Testnet signup filled under 24 hours!
  • Second round of Testnet signup to go live on Monday 31st July 2023.
  • aiPX in talks with multiple Market Makers.
  • More product integrations to be shared
  • aiPX incentivized Testnet signup filled under 24 hours!

As is already public news by now we are very excited to share that our incentivized Testnet signup was planned to last for a week, but filled up in the first 24 hours. This is a positive message for us as it shows that there are traders ready for us to launch the first Perp. DEX on Flare. Our incentivized Testnet will include $6k in token prizes ranging from Flare tokens (FLR), stablecoins and AIPX tokens. Rewards will be given weekly to the Testnet users with the highest PnL, the best Twitter threadoors of the week, and the highest quality feedback/bug reporting throughout the public Testnet phase. We can’t wait to begin receiving all of your Testnet feedback!

  • Second round of Testnet signup to go live on Monday 31st July 2023.

Moving forward from that, we are also happy to share that there will be a second and final round of Testnet signups going up on Monday 31st July. This second round was decided upon to give those who couldn’t sign up for the first round a chance to get in, as we have had community members reach out and ask for sign ups to be extended. Like the first, it will be on a First-Come-First-Serve basis so try to get in quickly.

  • aiPX in talks with multiple Market Makers.

As we can all agree, one of the pillars for a strong DEX is liquidity for traders. We are currently speaking with multiple market makers to ensure that liquidity, which can be a bane for DeFi growth, will not be a roadblock for us.

  • More product integrations updates to be shared

Moving forward, we will be sharing more product integration updates to keep our community in the know about how aiPX is coming along. We are committed to ensuring better communication with our community, and as we get closer to our public Testnet, we’ll be able to share more about our progress. This is another step to ensure transparency on our road to launch.

A very big thank you to everyone who has been a part of this journey so far. We are excited to share our exchange with the world, and we hope you guys are as excited as we are to try it!

Cheers to a wonderful weekend.

The aiPX Team

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