Maya Protocol has been working hard behind the scenes and is now ready for the private release of its stagenet chain.
📢 We have great news to share!
— Maya Protocol (@MayaProtocolEng) September 21, 2022
⛓️ Private release of our Stagenet chain will happen today!
💡This is essentially already our Mainnet chain with real external assets like #BTC and #ETH! Only difference is our testnet approach to it (its liquidity will be shallow on purpose)
Maya Protocol is a Cosmos SDK-powered replicated state machine to coordinate asset movement, including processing swaps, stakes, and more without the need to peg assets. Maya Protocol is validating THORChain’s lead and paying tribute to it.
Maya Protocol will start running internal tests and integrating with its launch partner. Once our tests are completed, they move the Stagenet public and let earliest users try all its features, including swaps, deposits/withdrawals, bonding, etc.
Stagenet will undergo severe stress tests; please do not deposit any significant amount of funds at any time! Everything is still meant strictly for testing purposes.