Dev Update #4 (V3 Testnet Date)

Flac Finance
2 min readAug 8, 2023


Howdy Flacer! It has been pretty exciting the past few weeks discussing liquidity, zaps, and farming. Now onto some serious business, in this update we are sharing the roadmap progress and are excited to announce the date of the final version of the testnet, the Testnet Program V3.

The V3 Testnet Program

While there will be continuous updates to the testnet mobile app and subsequent testnet programs, the V3 round marks the pre-mainnet version of the Flac platform. This means that the first mainnet release will follow the v3 testnet.

Since this is the final mobile app version, we are finalising every bit and piece so that V3 will be replicating the mainnet. The V3 Testnet Program launches on tentatively Oct 16th 2023 and includes the feedback and suggestions received in the v2 testnet and adds additional features and improvements. The V3 will have double tester rewards and shall have a longer and more extensive testing period. The mainnet announcement will follow after the testnet concludes.

There will be a separate announcement when V3 is near to launch, please Join Flac Discord to keep up to date! PS: Milo NFTs are a must to be able to participate in the V3 testnet program, you can get one on!

Flac Platform Updates

The v2 mobile app included many robust features which included OTP-based transactions, biometric authentication, ADA and Cardano native token withdrawals etc. Read more here, Testnet Program V2.

In Progress

  • Ethereum ETH and USDT support
  • Partner exchange integration (part 1)
  • INR deposit integration (part 1)
  • BUY/SELL assets feature
  • SMS-based OTP integration
  • Emails and SMS integration
  • Email designs
  • Setting up a customer support portal

V3 testnet will provide the features that will allow you to buy/sell assets on the Flac Platform in a test environment which will allow us to test the UX and integration flow.

That is all for now folk! We will share more updates soon.