1INCH Network, a prominent DEX aggregator, has announced the halt of new testnet launches, focusing instead on enhancing protocol development.
Halting New Testnets
1INCH Network, a leading DEX aggregator, has halted new testnet launches. Founders Sergej Kunz and Anton Bukov have redirected their focus to protocol advancements and ongoing development efforts. This decision aligns with their commitment to improving stability measures and implementing key enhancements.
Stable Market Capitalization
The absence of new testnet activity keeps the 1INCH market cap stable at approximately $296 million. Continuous GitHub enhancements ensure system resilience, while liquidity mining incentivizations remain unaffected. Investors perceive this focus as a commitment to long-term security and efficiency.
Expert Recommendations on Infrastructure
Experts recommend focusing on sustained growth rather than immediate testnet outputs. Past testnet explorations from 2020 to 2022 showed minimal initial price impact without concurrent mainnet rewards. Sergej Kunz remarked, "Our focus remains on building the most efficient DEX aggregator and continuing to supply the DeFi space with crucial liquidity and routing infrastructure through community-driven innovation."
Thus, 1INCH Network prioritizes stability and efficiency improvements over active testnet launches, presenting a significant step towards maintaining project and market interest.
