Liquidity agreement Onyx: the main network is planned to be launched on March 1
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.”
Interpretation of this information:
The recent announcement by Onyx (XCN) about the preliminary audit of its liquidity agreement has created a lot of excitement among investors. The company revealed that no major technical problems were found during the audit, which is a positive indication of the overall health of the project. This news has given investors renewed confidence in the Onyx project, and many are now looking forward to the launch of the main network on March 1.
The liquidity agreement is a critical component of any blockchain project, as it ensures that there is sufficient liquidity for users to trade the token. Without a proper liquidity agreement, the token would be difficult to trade, which could significantly reduce its value. The fact that no major technical problems were found during the preliminary audit of the Onyx liquidity agreement is a positive sign for the future of the project.
Moreover, the announcement of the audit results and the upcoming launch of the main network on March 1 have instilled renewed confidence in the Onyx project. Many investors believe that the launch of the main network will be a significant milestone for the project, as it will allow the token to be used for its intended purpose. This will likely lead to an increase in demand for the token, which could drive up its value.
In summary, the recent announcement by Onyx about the preliminary audit of its liquidity agreement and the upcoming launch of the main network on March 1 has created a lot of excitement among investors. The fact that no major technical problems were found during the audit is a positive indication of the overall health of the project. This news has given investors renewed confidence in the Onyx project, and many are now looking forward to the launch of the main network.
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