1. PixelPlaygroundHome
  2. Blockchain Briefs

Onyx Announces Successful Preliminary Audit for Liquidity Agreement

• Blockchain Briefs • 177 views

On February 16, the liquidity agreement Onyx (XCN) tweeted that \”no major technical problems were found in the preliminary audit of the Onyx liquidity agreemen…

Onyx Announces Successful Preliminary Audit for Liquidity Agreement

On February 16, the liquidity agreement Onyx (XCN) tweeted that “no major technical problems were found in the preliminary audit of the Onyx liquidity agreement. We plan to complete the audit and launch the main network on March 1.”

Liquidity agreement Onyx: the main network is planned to be launched on March 1

Interpretation of the news:


On February 16, the Onyx (XCN) liquidity agreement has announced via Twitter that their preliminary audit report found no major technical issues. Consequently, they expressed their plans of completing the audit and launching the main network by March 1.

This message conveys significant information for Onyx investors as it paves the way for the launch of the main network. Liquidity agreements are contracts that help investors access funds with ease and liquidity at any given moment. Therefore, a positive audit report is vital to gain investors’ trust and encourage them to invest more funds in the Onyx network.

Onyx’s announcement shows that the company has gone through a comprehensive audit process as they intend to provide a reliable and secured platform for their investors. It is also an indication of Onyx’s commitment to ensuring a smooth and swift launch of the main network come March 1.

However, it is worth noting that the preliminary audit report only covers a portion of the audit process. Though no major technical issues were found, there might be underlying problems that have not yet been discovered. Thus, investors must remain vigilant and cautious as they look forward to the launch of the main network. It is essential to wait for the final audit report before making any significant financial decisions.

Overall, Onyx’s announcement is a positive development for the company and investors. The successful preliminary audit report boosts investor confidence in the network’s technical capabilities and signals the upcoming launch of the main network. It also indicates Onyx’s diligence in ensuring that their platform is secure and reliable for their investors.

In summary, the Onyx liquidity agreement’s announcement of a successful preliminary audit report highlights their commitment to providing a reliable and secured network for their investors. The upcoming launch of the main network speaks of the company’s technical capabilities and dedication to customer satisfaction. However, investors must remain cautious and informed as to the final audit report to make informed financial decisions.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/705/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/16/2023 17:03
Next 02/16/2023 17:16

Recommended articles