Polkadex Mainnet Launch on Ethereum Network Will Take Place on September 29
Polkadex Mainnet Launch Will Take Place on September 29
Polkadex platform’s Mainnet release will happen on September 29.
The next step is to start the migration of PDEX from Ethereum to Polkadex.
After weeks of Polkadex’s successful Testnet launch, the platform is setting up to introduce its Mainnet. Moreover, the Polkadex’s Mainnet release will happen on September 29, 2021. To add, the Mainnet release indicates the most noted milestone yet for the Polkadex team.
🗓 There is finally a date for the public launch of the Polkadex blockchain!
⛓SEPTEMBER 29TH 🤝 MAINNET LAUNCH⛓
💪 This is the most important milestone yet for the Polkadex project team & community as all Polkadex products will be built & gradually released onto this network! pic.twitter.com/OsnB2esXfp
— Polkadex (@polkadex) September 19, 2021
Starting from September 29, anyone can earn PDEX and secure the network through running a validator node or by staking PDEX and nominating validators.
Polkadex’s Next Step
After the much-awaited Mainnet release, the next step is to trigger the migration from Ethereum to the Polkadex network. In addition, this will open a path in turning PDEX ERC-20 token to the native token of the Polkadex network. Aside from the migration, the other components of the project including PolkaIDO, Polkapool, and Polkadex Orderbook will be rolled out soon.
Once the migration protocol is released on the Mainnet, users will be able to migrate some PDEX over to ETH blockchain. Along with this, users will be able to start securing the Mainnet as soon as possible. Hence, users can run a validator node to safeguard the network and get PDEX in return.
Users will also be able to stake their PDEX, nominate validators and start receiving yield on their PDEX. Even more, all the actions will be open to any participant. Since Polkadex blockchain will stay as a public chain, validating might be advanced for few members in the community.
In case validating is ...
At the heart of the platform is the idea of smart contracts, which are automated agreements that ensure that money and assets change hands when certain conditions have been fulfilled. All transactions...
For now, central banks around the world are still working on developing and testing their own CBDCs, but there are new ones that are joining the race all the time. The Bank of Israel, for example, rep...