TechFlow News, December 22 — Thetanuts Finance announced the launch of Phase One of its incentivized Alpha Test for V3.
This milestone marks Thetanuts Finance's transformation from an options vault protocol into a decentralized, on-chain options protocol focused on altcoins. The V3 upgrade includes a brand-new trading interface, updated official website, new Dune dashboard, and the latest V3 documentation.
Through this incentivized Alpha Test, Thetanuts Finance aims to achieve multiple goals, including strengthening community engagement, kickstarting growth in total value locked (TVL) and trading volume, and gathering community feedback on the V3 version. The incentivized Alpha Test will be conducted in two phases. Phase One primarily targets traders and introduces fundamental concepts of the V3 architecture, such as long positions, short positions, closing, and enhancing.
Phase Two will introduce liquidity providers, who can earn up to five sources of yield by supplying liquidity.
