Creditcoin-based DEX Penguinswap Launches Testnet

Multi-chain Layer 1 blockchain network Creditcoin (CTC) announced that it will launch the testnet for its decentralized exchange (DEX) Penguinswap on the 9th (local time).

Creditcoin plans to assess the service stability of Penguinswap through the testnet and gather community feedback before officially launching on the mainnet.

This testnet implements all core DEX functions such as △ token swap △ liquidity provision and pool creation △ fee earning. Creditcoin stated, "Based on the bugs and improvements identified during the testnet phase, we aim to complete a more stable and robust user-friendly exchange."

Creditcoin developer Gluwa recently participated in the Nigerian Central Bank Digital Currency (CBDC) improvement project and continues to expand its ecosystem through partnerships with Spacecoin, which successfully launched the world's first decentralized satellite, Layer 1 blockchain network SUI, and blockchain storage solution Walrus.