SoDEX is a high-performance trading chain developed on blockchain technology, which has just officially launched the test network and opened simulated trading for the first whitelist user group.

MAIN CONTENT

  • SoDEX has initiated the test network and opened simulated trading for whitelist users from 20:00 on July 2 (Vietnam time).

  • The platform built on the Layer 1 public chain ValueChain, supporting spot trading, derivatives, and tokenized products.

  • Over 80,000 people registered for the whitelist, with the registration program and access expansion continuously via email and Twitter tasks.

When and how does SoDEX officially launch the test network?

According to official information, SoDEX activated the test network from 20:00 on July 2, 2024 (Vietnam time) and opened simulated trading rights for the first whitelist batch. The testnet event is accompanied by the largest $SOSO reward competition ever.

Users granted whitelist access can participate in simulated trading, strategy testing, the 'Lucky Block' event, and provide feedback for the project to earn points redeemable for $SOSO tokens after the event.

"Opening the test network is the first important step to confirm the performance and stability of SoDEX, building a solid foundation before launching the Mainnet."

Mr. Lam Van Minh – CEO of SoSoValue, 7/2024

What technology platform is SoDEX developed on and what products does it support?

SoDEX operates on ValueChain — a public Layer 1 chain developed by the SoSoValue team. This is a platform that provides a secure, efficient, and stable decentralized trading environment for all user experiences.

Users can perform on-chain spot and derivative trades with a public order book, tracking order details through the block explorer. The platform currently supports 118 spot trading pairs and breakthroughs with tokenized stock products, token indices.

What is the process and conditions to participate in the SoDEX whitelist?

As of July 2nd, the number of whitelist registrants has surpassed 80,000. If not selected in the first whitelist round, users still have a chance to receive the whitelist through emails sent weekly on Mondays at 20:00 Vietnam time or by completing tasks on SoDEX's official Twitter.

The whitelist registration channel on the SoDEX website is always open, with plans to add an activation code feature to expand the testnet experience opportunities for more people.

"We are committed to expanding the community of test users with a diverse whitelist mechanism, creating widespread access and ensuring quality feedback for the project's completeness."

Ms. Tran Thu Huong – Development Director of SoDEX, 7/2024

What are the highlights of SoDEX compared to other decentralized trading chains?

SoDEX Criteria (ValueChain) Popular DEX Trading Chain Self-developed Layer 1 platform or available Layer 2 or Layer 1 Spot and derivative trading on-chain, tokenized stocks, indices Mainly spot, with some basic derivative support Number of trading pairs 118+ Usually under 100 Special features Tokenized trading and public order book updated in real-time Mainly focused on mainstream cryptocurrency trading.

Frequently asked questions about SoDEX and the test network.

What is SoDEX and why is it important?

SoDEX is a high-performance decentralized trading chain on Layer 1, providing a safe, transparent trading experience, and a diverse range of products for the cryptocurrency community.

How to participate in the SoDEX whitelist?

Users register on the official website, check emails weekly or complete SoDEX's Twitter tasks to get their whitelist approved.

What types of trades does SoDEX support?

The platform supports spot and on-chain derivative trading, along with tokenized stock and index products, enhancing the variety of options for investors.

What is the purpose of the SoDEX test network?

The test network helps to check performance, security, and real trading experiences before the official Mainnet launch.

What are the conditions to receive $SOSO rewards when participating in the testnet?

Users earn points through simulated trading, strategy testing, the 'Lucky Block' event, and providing feedback to redeem for $SOSO tokens after the event.

Source: https://tintucbitcoin.com/soso-token-testnet-sodex-whitelist-thuong-lon/

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