OneFinity Chain | Testnet September 23rd

OneFinity is a scalable multi-VM blockchain integrating EVM and SpaceVM, enabling 7,000 TPS, 1-second blocks, secure PoS, and built-in MEV protection

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

♾️ OneFinity Testnet is LIVE!!

The time has come, OneFinity has arrived!

This Medium article provides a complete breakdown and user walk through to undertake cross-VM transactions on the most performant EVM compatible chain in the industry, OneFinity 🔥

🔗 https://t.co/XlvpMKd8L4

Testnet Links:

🔘https://t.co/9PgKwoKm8l

🔘https://t.co/fNCqKDX6xF

🔘https://t.co/8dQrwGMF3F (Chain ID for @MetaMask - 999987)

ℹ️ AMA to follow in 1 hour at 18:00 UTC in the TG:

Join us here: https://t.co/eUQiBROFuT

#OneFinity #Ethereum #Multiversx

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@Longin_X @OneDex_X @SovereignChains 🔥

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@SasuRobert 🛠️

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@Tikapo1 🔥

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

♾️ Validator Testnet Live ♾️

The OneFinity Validator Testnet is now live and ready for Validators to test their node setup!

There is a full user guide attached, detailing the entire setup process from start to finish with all resource links found on the final page of the document:

🔗 https://t.co/YT7KXfteEf

Additional documentation can also be found here:

🔗 https://t.co/YvvHIuIniE

This testnet event is an open invite, not just for holders of OneFinity Validator NFTs and will remain open for an extended period to showcase the processes behind the validation of the network.

Let’s validate 🛠️🔥

#OneFinity #EVM

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@Elpulpo_0 Everyone can try!

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

♾️ OneFinity Validators ♾️

The phased rollout of the Validators Testnet is here and will give all OneFinity Validators the chance to run their node, live on Testnet.

In preparation for this event head to the following link, request test funds and get your 5000 $ONE tokens:

https://t.co/aGPVHd1cNF

Tomorrow, the OneFinity docs will be updated with further instructions, ready for validator node setup.

This phase is crucial to refining the validator process and providing the devs with feedback to improve as we venture towards Mainnet launch.

Let’s build 🛠️🔥

#OneFinity #Ethereum #EVM

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@Longin_X You're fired!

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@AlexPav15237017 @Longin_X @OneDex_X

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@GRM_Web3

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@SasuRobert @Longin_X Thanks for sharing the GitHub links to the docs. Glad to see progress and that it’s now public for others too to start experimenting with the technology. Looking forward to more consistency on this front.

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@davidsturos When I was just a little code written on a piece of paper with an almost worn out pencil I wanted to discover a technology like this, too bad I didn't know sooner….

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@Optimism One Finity!

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

Onefinity Validator Testnet & Genesis Staking Update

We’re excited to share important updates about the Validator Testnet, Genesis Staking, and how you can maximize your rewards:

Validator Testnet Availability
• The Validator Testnet will be available starting January 2025.
• Running a node on the testnet can qualify you for an extra 15% APR as an airdrop, boosting your rewards to a total of 30% APR.

Genesis Staking Updates
• Access Requirements:
• The Genesis staking button will only be accessible to individuals we meet with in a call beforehand.
• A minimum of 5 NFT Validators is required to be accepted.
• Node Requirements for Mainnet:
• At launch, anyone can run a node on the Onefinity mainnet if they have an NFT and 3,000 ONE.

Unstaking Policies
• Timeline: Unstaking is currently available and will remain open until January 10, 2025.

🔗 https://t.co/jFcQ1vBFJJ

• Restrictions:
• Partial unstaking is not allowed-unstaking must be done in full.
• Once you press unstake, all your tokens and NFTs will be unstaked automatically.
• After unstaking, you cannot stake again.

Staking Rewards
• Genesis Staking APR:
• Base staking rewards offer 15% APR.
• Running a node on the testnet qualifies you for an additional 15% APR, delivered as an airdrop, bringing the total rewards to 30% APR.
• Lock-in Period: Once staked, your tokens and NFTs will be locked until the mainnet goes live.

Important Reminders
• The Genesis staking program is designed to reward long-term commitment and active participation in the ecosystem.
• Make sure to manage your investments accordingly, as unstaking and access policies are strictly enforced.

Let’s build !

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

♾️ OneFinity Stats

Testnet upgrades are currently being performed in the background and OneFinity will be increasing its transactions per second output with the aim to break an astounding 10,000 tx/s in a live demonstration!!

Mark the date in your calendars, December 19th, next week, OneFinity will once again be pushing the boundaries to set a new record via a live demonstration for tx/s on an EVM-compatible chain!

ℹ️ Validator Testnet will be available on January 20th, more information coming in the next few weeks.

Actual, current max recorded EVM chain performance stats:
🔘 #Ethereum - 62.34 tx/s
🔘 #Polygon - 429 tx/s
🔘 #Arbitrum - 944 tx/s
🔘 #Telos - 8.46 tx/s
🔘 #Aurora #Near - 1080 tx/s
🔘 #BNBChain - 1731 tx/s
🔘 #Base - 293 tx/s
🔘 #Cronos - 142 tx/s
🔘 #Avalanche - 92.74 tx/s
🔘 #Starknet - 382 tx/s

Let’s smash this and show the power of OneFinity, already the fastest EVM-compatible chain in existence by a long shot! 🛠🔥

#OneFinity #EVM

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@AlexandruTruta3 OneFinity is not built for a cycle; if it was after our team, the chain was on the mainnet yesterday!

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

♾️ OneFinity - Postponement of Mainnet launch until August - September 2025.

We are committed to delivering the best experience possible for our users and developers, which is why we’ve decided to postpone the OneFinity Mainnet launch to August/September of next year. The Sovereign Chain SDK continues to receive critical updates, and the revised timeline will enable us to incorporate the latest developments, deliver a better product, and ensure stronger security guarantees as a consequence of the full-scope audit that will be conducted by MultiversX starting with the next month. Once these milestones are achieved, we will have the final version ready for the Mainnet launch.

Towards the latter part of January, 2025, a Testnet event for OneFinity validators will run, details regarding this will be available to all in the community in the coming weeks.

For Genesis Validator stakers, the following will be available from next week. Investors will be able to unstake from the Genesis staking SC, there will be an unbonding schedule of 10 days. For those who do not wish to unstake, the APR % will remain the same as always and will be available until Mainnet launch.

The OneFinity team would like to add that our EVM-compatible chain is ready from our end and will be launched once the audited MultiversX SDK is available to us.

Here is what can currently be tested on the live OneFinity Testnet:

🔘 Build and deploy your EVM SCs and apps
🔘 Build and deploy your MVX SCs and apps
🔘 Build complex interactions between EVM and MVX apps

ℹ️ Current testnet Onefinity configuration is capable of up to 10k TPS.

We would also like to thank our community of loyal followers for their support and understanding during this time.

Development milestones achieved by OneFinity and future key dates towards Mainnet:

February 2024 – July 2024: Initial development phase with key demonstrations and public testing.

August 2024 – January 2025: Continued development, testing, and refinement, aligned with updates to the Sovereign Chains framework.

January 2025: Expected start of a parallel audit for MultiversX Sovereign Chains SDK and the OneFinity Chain.

June 2025: Expected date for stable audited version for MultiversX Sovereign Chains SDK and OneFinity.

July 2025: Merge OneFinity with latest stable version of MultiversX Sovereign Chains, fixes and improvements of OneFinity based on audit report

August 2025: Reach stable audited version of OneFinity.
August 2025: Release public testnet with stable and audited version of OneFinity.

September 2025 (latest): Mainnet launch of OneFinity.

Note - Please be advised that above future dates may be subject to change following direct development meetings with the MVX core team.

[OneFinity Chain | Testnet September 23rd @OneFinityChain]

@clubmed7875 @DerdarEric Finally!