CVEX Private Mainnet FAQ. Answering Your Questions

November 20, 2024

With the announcement of CVEX’s Private Mainnet launch set for November 28th, we know you have questions. What’s the difference between the private and public mainnets? When TGE? Why did we choose a two-stage launch? And what can you do until January?

We’ve put together this FAQ to address your most pressing concerns and ensure you’re fully prepared for this exciting new phase. Let’s dive in!

FAQ

What is the date of the CVEX Mainnet launch?

  • Private Mainnet: November 28th, 2024
  • Public Mainnet: 8th January 2025

What’s the difference between the Private Mainnet and the Public Mainnet?

The Private Mainnet is an exclusive stage designed specifically for market makers, prop traders, auditors, and the QA team. During this period, MMs will set up their integrations for LP and trading while auditors and the QA team refine and prepare the platform for you.

The Public Mainnet, on the other hand, will be open to everyone. This is when the full CVEX experience will be available, allowing the broader community to start trading and utilising all the features we’ve built. 

Why do we need a private stage?

We decided on a two-stage mainnet launch for two key reasons:

First and foremost, the transition to mainnet is a big deal. Giving our devs and market makers time to test and perfect the Private Mainnet ensures that your experience will be flawless when it’s your turn to join.

Secondly, liquidity doesn’t magically appear — it takes time. Market makers will need around four weeks to prepare and add liquidity to CVEX. And, as luck would have it, the holiday season aligns perfectly with this timeline. Christmas and New Year happen every year (surprise, surprise), so we’re adding an extra week for everyone to enjoy the festivities before we drop this bombshell on you in January. 

What About TGE?

We’re planning to hold our Token Generation Event (TGE) in February 2025. While we can’t share more details just yet, rest assured that we’re working hard to make it a success.

What can I do until the public mainnet launch?

Well, keep doing what you’re doing right now! The testnet isn’t going anywhere, so you still have time to explore everything CVEX has to offer. Complete those tasks you’ve been eyeing, rack up all the achievements, and make sure to check out our Galxe campaigns for extra rewards and fun.

This is also the perfect time to fine-tune your strategies, get familiar with the platform’s features, and connect with the community. Think of it as your final warm-up lap before the big race. The more prepared you are now, the smoother your experience will be once we go live.

What about time-dependent achievements?

Some users encountered issues with time-dependent achievements due to unexpected testnet updates. Don’t worry — we’ve got you covered. If you can prove you were affected, contact our support team on Discord. We’ll ensure your efforts are recognised.

What is the status of the Telegram App?

We understand your mixed feelings, but trust us, the Telegram App has been a massive success in introducing millions of Web 2.0 users to the Web 3.0 world.

For those active on the testnet, rest assured that the app will not interfere with your progress or experience. If you haven’t tried it yet, now’s the time! Join the app and stay tuned for exciting updates coming soon.