AFX launches high-performance Sovereign L1 testnet: A community-first revolution in on-chain derivatives

AFX, a high-performance sovereign Layer 1 purpose-built for decentralized derivatives, has formally launched its Testnet, signaling a significant leap in on-chain buying and selling infrastructure. Engineered to ship sub-100ms finality and a capability exceeding 50,000 transactions per second, AFX makes use of a customized execution layer and DAG-based consensus to unravel congestion inherent in general-purpose chains.

The protocol is based on a strict community-first philosophy, deliberately eschewing enterprise capital and personal rounds to make sure complete neighborhood sovereignty. To refine the platform by real-world stress testing, AFX has launched a complete Testnet campaign that includes a prize pool of greater than 28,000 factors, which will probably be eligible for eventual conversion into native tokens. This initiative ensures that rewards are earned by tangible contributions somewhat than insider allocations, inviting international merchants to form the way forward for the protocol.

The incentive construction is partitioned into two major tracks designed to reward each depth of engagement and demanding technical perception. The Activity Pool, which represents seventy % of the full prize pool, makes use of a multi-dimensional scoring system to reward real buying and selling habits. Participants earn their share not simply by cumulative quantity, however by demonstrating numerous execution methods throughout a number of margin modes, numerous buying and selling pairs, and complicated place lifecycles. In tandem, the remaining thirty % of rewards are devoted to the Feedback Pool. This monitor incentivizes the submission of high-quality bug stories and product recommendations through the official Discord channel, the place the tech and product communities consider every entry primarily based on its severity and utility.

This Testnet launch serves as a important proving floor for the AFX infrastructure, together with its native FIX protocol help and sub-millisecond danger auditing engine. Traders are inspired to affix this collaborative effort to construct and take a look at collectively. For extra particulars customers can go to the official trading portal.

About AFX

AFX is a high-performance sovereign L1 purpose-built for decentralized derivatives. Featuring native FIX protocol help and sub-millisecond danger auditing, AFX gives the velocity of a centralized change with the non-custodial sovereignty of the blockchain

Media contact
Oyku Yavuz

PR Lead

advertising@afx.xyz

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