What'S up GOATs, checking in with another status update as

we continue the march towards launch.

This past month we've been really focused on our partner integrations as well as continued bug testing and fixes.

• Stargate deployed their smart contracts on our testnet, and we've performed our first end-to-end bridge and deposit from other networks. We developed as much as we could ahead of time, and with the Stargate finishing their piece we were able to complete the integration. We'll be supporting cross-chain deposits on day 1!

• We've been doing a lot of benchmarks on our application performance to make sure it's up to our standard, in particular around API latency (for market makers/algorithmic traders) and liquidation performance (the fast the system can liquidate positions the less risk there is to the insurance fund). We've made some changes that reduced API latency by 300%, as well as some smart contract & liquidation service changes that improve the performance of liquidations.

• We've finalized our choice of infrastructure partner (IP) for XCHAIN. We spoke with multiple teams and found one that we think has the most technical knowledge and best fits our needs. We'll be launching a new, more robust version of our testnet as we migrate over from Polygon in the next few weeks.

• Tons of other small changes, in particular when prepping for the demo, to make the application as polished as expected. If you haven't yet seen the demo be sure to check it out here. https://www.youtube.com/watch?v=LM-9IOpM8RE

We're getting really close but not quite ready to provide a testnet launch date. You'll be the first the know, so stay tuned for more updates!

Nice update, see you next year for XCHAIN mainnet.

Great to hear. Seems it's all getting ready. Has even the testnet also been shifted to next year ?

Thank you! Quite exciting news💜 Like Alex mention in the update we are close to launch the Testnet but we don't have a exact date yet

We honestly don't know, as you can see still a few things and a lot of moving pieces. We do promise to continue with the updates, and of course we're working as fast as we can to safely launch.

🔔

What's an infrastructure partner btw ?

They play a critical role in providing the necessary technology and support services such as hosting, scaling, security, and other backend solutions. I'll tag @alexwearn in case he has additional information to answer your question.

The backend ( APIs ) ? Apart from the smart contracts? Because... On discord , it was discussed that the polygon CDK is still in use. So , what's changing?

Yes, on discord was mention that we will continue to utilize the Polygon CDK and Supernets technology, but instead of using the Polygon-operated XCHAIN Testnet, we are transitioning to our own Testnet managed by ourselves and an infrastructure partner.

Uhm... XChain was made by us with just polygon's technology. All it has to serve is smart contracts later , how was polygon involved in any of this then ? ( Except for technical help while building XChain ofcourse )

XCHAIN is our very own L2 powered by Polygon’s zkEVM. The network builds on top of our already-successful partnership with Polygon and is the first of many Polygon ZK Supernets, a key milestone on Polygon’s 2.0 roadmap.

I remember our team sharing their meeting with the Polygon core team and the latter reaffirmed their support for IDEX as the main app in their new ecosystem. This will provide essential help for marketing and user acquisition, as well as for when we inevitably encounter technical challenges.

I remember our team sharing their meeting with the Polygon core team and the latter reaffirmed their support for IDEX XCHAIN as a flagship app in their new ecosystem. This will provide essential help for marketing and user acquisition, as well as for when we inevitably encounter technical challenges.

Yep... I get that , but... What's the infrastructure that's being changed then ? 😂

Not really the best person to answer qns about tech but afaik, XCHAIN is a dedicated network for our perp exchange, allowing us to have a superb user experience and the ability to integrate dApps that may amplify robustness of our platform.

This was the latest update from Alex, our CEO