Into the playground
I am a fan of the testnet. It lets developers play around with different concepts as close to the real-world environment as possible without risking their assets.
dYdX has five fases (milestones), where they reached the final two. There's no overview to be found, just blog-styled recaps, so I will break it down for you.
Milestone 1 - Basic trading
Orderbook & Matching-Engine Margining System JavaScript Client Telemetry & Monitoring Lastly, the stress test
Milestone 2 - Functionality
Fees Liquidations Oracle Price Updates Static Funding Rates Token Transfers
Milestone 3 - Advanced
Validator Staking Dynamic Funding Rates Key-Permissioning & Access Management Advanced Order Types Documentation for Validators Indexing Service
Milestone 4 - Public testnet
On-Chain Governance Token Emissions & Rewards Wallet Compatibility & Onboarding
Milestone 5 - Polish and optimize
IBC Connections to other Blockchains Stablecoin Integration
Conclusion
When everything is working fine, and the mainnet is rolled out, there will be three parallel networks:
Internal Testnet Public Testnet Mainnet
In the source of August 2022, time-bounded milestones were shown. dYdX was supposed to finish v4 in Q1, but they are still ongoing latest update May, 2023. This, and the way I have to find out about their progress, should let me give progress 4 stars, however, I find their (test)work to be worthy of 5, and quality > quantity. Show Less
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