Whales can now purchase and sell altcoins without any losses to slippage on Marsbase. This is purported to be the first decentralized platform in the world that allows OTC crypto trading.
Retail investors and other traders can also transact and make money from discounts or the premium earned on assets.
To test if the system is stable, Marsbase has introduced a testnet. This introduction is accompanied by other promotions too. All can participate in the two stages of testing planned. The testing will allow them to understand the OTC crypto desk, and the level of profits that can be made on Marsbase – by crypto whales and also retail investors.
Those participating can master the latest DeFi tool, and also make money on the test. Only the first 1000 to register will be able to get on the testnet. The testnet will be launched on the mainnet. Marsbase sees the testnet as an opportunity to see the capabilities of the DeFi OTC platform.
The testnet will be live for four weeks after the launch. The first phase will be on the Rinkeby test network. Participants will need to obtain free test ETH tokens. They can then go to the project website and peruse the various scenarios. OTC deals can be created for the purchase and sale of assets.
Participants can earn money and also assess the capabilities of the platform and understand the OTC desk’s functioning. Eventually participants in the testing can vote for the features they like and consider essential. They can also suggest improvements.
During the second stage of testing, the updated version of the platform will be assessed for its capabilities. To get the largest possible share of the rewards for testing, participants will need to go through all the stages of the testnet. One can also earn rewards for helping other participants.