CashmereLabs Testnet Development Update v1.3

Cashmere Labs
2 min readJun 20, 2023

Every groundbreaking advancement arises from a need, shaped painstakingly through feedback, trials, and ongoing improvements. At CashmereLabs, we firmly stand by the profound potential of shared knowledge and our aspiration to build a truly decentralized universe. This conviction steers our progression in developing our Testnet.

In this piece, we are excited to share the most recent enhancements in our Testnet, v1.3. These augmentations stem directly from the priceless feedback we’ve received from our respected community members. Their thorough testing and perceptive recommendations have aided us in navigating the intricate world of blockchain technology, pushing us nearer to our ambitious objectives.

Test USDC Faucet:

Deposit & Add liquidity function

We are pleased to announce that our users are now enabled to incorporate and conduct trials with TEST_USDC within Cashmere liquidity pools on our Testnet. The Cashmere liquidity pools employ the most effective Automated Market Maker (AMM) algorithm in the omnichain sector, ensuring optimized performance and robustness. We encourage you to take advantage of this newly integrated feature to further explore and understand the efficiency of our services.

Chain activations

We would like to inform you that Ethereum Goerli, which had been temporarily disabled due to concerns related to gas management, has been reactivated and is fully operational once more. We appreciate your patience during this period of disruption.

In addition, we are pleased to report that the challenges previously experienced with Linea Goerli have been successfully resolved. Our team has worked diligently to address these issues and ensure a smoother, more efficient user experience moving forward. We encourage our users to continue their transactions as per usual. Thank you for your understanding and cooperation.

If you wish to stay updated with our latest developments, follow us on our official Website, Twitter, Telegram, and Discord. Let’s continue to build a stronger and more connected world together.

Here’s to making strides in the world of decentralized technology with CashmereLabs!