According to Odaily, Onyx Protocol, a decentralized finance (DeFi) platform, has announced the release of its version 3 (v3) whitepaper. The whitepaper is set to be published on August 1st. Alongside this, the company has also revealed plans to launch its Layer 3 blockchain network.
The Layer 3 blockchain network is a significant development in the blockchain technology space. It is expected to enhance the scalability and efficiency of the Onyx Protocol platform. The company has also indicated that the testnet for this network will be released soon.
The release of the v3 whitepaper and the launch of the Layer 3 blockchain network are significant milestones for Onyx Protocol. These developments are expected to provide a comprehensive overview of the platform's future plans and its commitment to improving the DeFi space. The company's announcement has been met with anticipation from the DeFi community, who are eager to see the advancements that Onyx Protocol will bring to the industry.