Onyx (XCN) to launch main network after successful liquidity agreement audit

02/16/2023 17:15 • AI Insights • 101 views

On February 16, the liquidity agreement Onyx (XCN) tweeted that “no major technical problems were found in the preliminary audit of the Onyx liquidity agreement. We plan to complete the audit and launch the main network on March 1.”

Liquidity agreement Onyx: the main network is planned to be launched on March 1

Analysis based on this information:

On February 16, Onyx (XCN) announced the successful preliminary audit of its liquidity agreement, saying that no major technical problems were found during the process. The company plans to complete the audit and launch its main network on March 1.

This news is significant for Onyx and its investors, as it represents a key step in the development of the XCN network. Onyx has been working on its liquidity agreement for some time, and the successful outcome of the audit is a positive sign that the company is on track to deliver on its promises.

The liquidity agreement is a crucial component of the XCN network, enabling users to trade XCN tokens with other cryptocurrencies and fiat currencies. It also provides liquidity providers with incentives to supply liquidity to the network, further enhancing the overall liquidity of the system.

The audit process is a necessary step in ensuring that the liquidity agreement is functioning properly and that there are no major technical issues that could hinder the operation of the network. The fact that Onyx has passed this preliminary audit with flying colors is a testament to the company’s commitment to building a robust and reliable network.

Looking ahead, the launch of the XCN main network on March 1 will be the culmination of months of hard work and dedication by the Onyx team. It will be an exciting time for the company and its investors, as they finally see the vision of a fully functioning XCN network come to fruition.

In conclusion, the successful audit of Onyx’s liquidity agreement is a positive development for the company and its investors. It demonstrates that Onyx is making progress in developing its network and that it is on track to deliver on its promises. With the launch of the main network just around the corner, the future looks bright for Onyx and XCN.

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Onyx (XCN) to launch main network after successful liquidity agreement audit

Liquidity agreement Onyx: the main network is planned to be launched on March 1

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