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Celer expansion plan Layer2. Finance v1.0 test network upgrade online, participation in the test 20,000 USD reward

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Added multi-chain support, policy firewall and other features

Original source: Celer Network&NBSP;

The Layer2. Finance version 1.0 beta web is officially available today. This is the final step in our layer2.finance upgrade from V0.1 to V1.0. We want to use this test net to test the stability and stress of the system in real life to find any problems that we haven't found in our development, self-audit, and external audit processes. To motivate community members to actively test, we have set up a $20,000 grand prize. Welcome to Testnet.l2. finance Participate in the test.

Test network usage guide

What new features are coming to Layer2. Finance v1.0?

V1.0 "Budapest" will soon be available with the following features:

· Multi-chain support. If approved by the community proposal, layer2.finance will also support and deploy on other popular blockchains such as Binance Smart Chain and other layer2 rollup chains, with access to various on-chain DeFi protocols.

· Supports just-in-time (JIT) policy position execution and flexible slip point buffering. This will enable Layer2. Finance to support a variety of risk appetite strategies, such as volatile stablecoin pledges, derivative agreements, AMM decentralized exchange liquidity provision, and more.

· Policy risk firewall. Policy firewalls will give layer2.finance quick access to newly launched DeFi and policies, and complete isolation and control of risks with other policies.

· Flexible rate interface. Allows decentralized governance and flexibility to adjust the way fees are charged.

· Decentralized governance. Publicate the community voting process for the proposal, which can be used to calculate the CELR pledged in SGN for system parameter adjustment, policy addition, and system upgrade.

· Flow mining. Adds the ability to collaborate with the Defi project to enable collaborative flow mining directly on the Layer2.

We will introduce the new features in detail when we launch the layer2.finance v1.0 mainnet. For this test, we have prepared the following prizewidings.

Stability test competition

If you are interested in the Layer2. Finance Layer 2 system under heavy load stress test, please join the stability test contest. We simply reward users based on the number of times they do something to encourage them to help us monitor the performance of the system under high pressure conditions.

The activity time

From 08:00 on July 7, 2021 to 08:00 on July 20, 2021, Beijing Time

Scores will be calculated separately on a daily basis and prizes will be awarded on a daily basis based on the day's rankings.

The scoring rules

We rank users based on their frequency score.

Frequency score = number of qualified operations by the user during the test period

Qualified operations include:

· No more than 20 deposit operations from L1 to L2 per day

· No more than 20 withdrawals from L2 to L1 per day

· Unlimited number of L2 strategy operations

· Unlimited number of liquid mining pledge and redemption operations

Helpful hints

There is no need to do much initiating L1 access because the score count is limited by the day.

Don't worry about joining late, as the lists and rewards are reset daily

bonus

Bonuses will be accumulated based on the daily list and distributed uniformly after the event.

User Interface Interaction Design (UI/UX) Feedback Award

We hope to seek valuable input and suggestions from the community on UI/UX (the design and interaction of the site's user interface), and we hope that the community users can help us find bugs or glitches in the system during the process.

The activity time

From 08:00 on July 7, 2021 to 08:00 on July 20, 2021, Beijing Time

The layer2. finance v1.0 release has made significant upgrades and adjustments to user interaction based on user feedback from the original v0.1 release. We are also aware of the importance of user feedback, so we will collect it again for future interactive iterations and version updates.