Today we announced the Compound Gateway Testnet. This is just a small step on a momentous journey that is already changing the face of modern finance as we know it.
The goal of testnet is to break things and fix things, and not necessarily in that order. We encourage feedback at all levels, as the ultimate goal is to build an amazing product that will delight users. Over the next few weeks, you’ll see lots of upgrades to the user interface, documentation fleshed out, and upgrades to the gateway chain and contracts themselves. We’ll continue testing system functionalities (such as adding authorities, changing parameters, performing chain upgrades), attempting to make the system unavailable (DoS), and otherwise wreaking havoc.
All this means that testnet will take time to stabilize. If you’re reading this, we assume you’re here because you want to use, build with, or learn about the system anyway, and don’t mind being in the middle of an active construction zone.
For developers, a good place to get an overview of functionality is the Gateway documentation. To understand precisely what the system is doing, there’s no place better to look than the source code, this is where all active development happens.
For those interested in being validators, we’ve created a Validator Guide. This will be a living document that will evolve with testnet over the course of the next several weeks. It’s important to keep in mind that how Proof of Staking will work is still TBD, and for now our team’s focus is on iterating and proving the core product.
For anyone looking to build a starport on another chain, we’ll have more information on this topic in the near future. In the meantime, what chain do you want to build on? Have you looked at the Ethereum contracts yet?
As always, the best way to to be a Gateway pioneer is to come hang out in Compound Discord and right here on the forum. These are places for Compound community members to ask questions, meet other like-minded individuals, and come together to build massively ‘interesting’ markets of the future.