Pontem Network Testnet - Step by step instructions for participation.

Pontem

Pontem is a product development studio working toward global financial inclusion powered by blockchains. We are partnered with Aptos to build foundational dApps and other infrastructure which enable adoption of their L1, such as development tooling, EVMs, AMMs, and more. The Move IntelliJ IDE and Move Playground are just the beginning.

The burgeoning ecosystem of Move-based, inclusion-focused infrastructure is where Pontem has a competitive advantage. Over the past four years, our team has developed deep expertise in Move. After working firsthand with the tech developed by Meta and Diem engineers, we knew we had to be ‘first Movers’ on developing a Move Virtual Machine to expand the reach of this incredible technology. Our skill set encompasses the essential building blocks for modern blockchain development and we feel we are not just well-positioned for the future, but also in a unique position to build it. Given this unique position we are in, we will create the first product development studios for the Aptos Blockchain across 3 key verticals: protocols, developer tooling and infrastructure. With our skills and experience, we will help grow and develop this nascent ecosystem and capture value across the technology stack by building core primitive dApps necessary for the Aptos L1 to be used by billions of people. We will work with incumbent dApps, infrastructure providers and L1s to help them transition to Move. Where we identify market gaps, we will build the core elements ourselves and make upgrades that stay up to date with innovation.

Application protocols

We are going to first build the next generation of dApps with streamlined experiences enabled by Aptos and Move. This will fuel mainstream adoption globally for both customers and institutions. Starting with the key foundational protocol of an AMM for correlated and uncorrelated pairs. This will enable liquidity and discoverability for protocol tokens in the Aptos ecosystem.

Developer tooling

Learning a new language can be a difficult aspect of building a blockchain application, but Pontem believes their future suite of developer tools will streamline adoption. All tools are free to use.

Infrastructure

We have already developed a fork of the Diem Move Virtual Machine which can be readily deployed to other modern chains like Polkadot, Cosmos, Avalanche, and more. Our goal is for Move to flourish, so we plan to deploy in the future as the Move dApp ecosystem matures and the need grows for Move environments in other L1s. We will also research developing a new Ethereum VM that is compatible with the Move VM to connect the two technologies and allow dApp developers to enjoy all of Move’s benefits. This will allow them to migrate gradually and carefully, without the risk and expense of doing it in one monolithic app, and be the standard for migrating to Move VM deployments from Solidity on all L1s.

We are also making the Move VM compatible with legacy virtual machines like the EVM in order to enable easy deployment with a Solidity or Vyper codebase.

2022 has been an incredibly productive time at Pontem. At the beginning of the year, we were focused on building a canary network for Diem. However, following its sale and likely integration into the Silvergate Exchange Network, it became clear that we needed to aim higher.

`ROADMAP`

Investors: `Aptos, Mechanism Capital, Kenetic, Alameda Research, Digital Logo, Animoca Brands and others`

Let's start testing

First we need to download the official MultiMask wallet on your PC from this link - https://github.com/pontem-network/aptos-chrome-extension/releases

Before installing, read the installation instructions, it's not difficult but interesting!

After you complete the installation and add the new wallet to your browser extensions, save your seed phrase and password, this is important!

Now you need to request Aptos test tokens directly in your wallet, follow the screenshots:

SWAP

Next, we go to the platform, the functions of which we need to test - https://liquidswap.com/

We connect the wallet to the site and request test tokens, which we will "Sell" and "Buy"

We start testing, change Bitcoin to USDC and vice versa, we recommend that you perform this action more than 5 times!

With us, all transfers and confirmations were successful and without errors, do not be lazy and spend 5 minutes on this matter.

Adding Liquidity

Here we enter the available amount and click the "Add Liquidity" button

Create Pool

We create a pool and confirm the transaction.

Testing completed! Our congratulations!

Leave your opinion on this testnet in their Discord and fill out the feedback form. We also recommend subscribing to all available publics of this project, you will find links at the end of the article.

What about awards?

This testnet is not marked as "Renewable", but there is an option that the team will not leave our efforts unattended and send us an airdrop, but this is not accurate =)
Exploring past testnets, we noticed a tendency that those projects that did not promise rewards pay fat, so think about whether your 10 minutes of your life are worth the opportunity to get a nice bonus? =)

Ambassador Program

The team is actively looking for supporters for the project and gifted people who also have influence in society. We strongly advise you to fill out the ambassador form - here
Perhaps it is you who will become the lucky one whom the project team will choose.

Let us remind you that now is the time for various competitions and activities and we all do not need to miss these events so that in the future we do not regret unfulfilled dreams, we, as a Whitelist Guide, will notify you about them, stay with us and subscribe to our social networks and social networks of the project Pontem, see you soon!

Official Pontem Links:

Website: https://pontem.network/

Discord: https://discord.gg/ZQZnaWkq

Twitter: https://twitter.com/PontemNetwork

Github: https://github.com/pontem-network