OpenEx is preparing to introduce its Extended Testnet, signaling the platform's advancement in digital asset trading. Inspired by the Chinese dragon, the Long Testnet pays homage to the Chinese Long Year.

The Long Testnet features a unique token design, utilizing USTD in its traditional form while designating the OEX token as ERC20. This innovative approach enhances asset liquidity management efficiency, bolstering OpenEx's blockchain framework for trading solutions and liquidity trading platforms between USDT and assets.

One significant aspect is the reduction in gas charges associated with the Long Testnet, creating an ideal environment for payment and trading applications. This enables the integration of innovative trading protocols, payment protocols, entertainment game protocols, and AI application testing.

As an adaptable chain for Ethereum Virtual Machines (EVMs), the Long Testnet enhances ecosystem adaptability, allowing developers to test their decentralized applications by migrating them to Long. Providing an RPC service address facilitates connections using primary Web3 wallets like Metamask.

OpenEx offers various solutions and tools to support developers and consumers, including user interfaces, a faucet interface, a comprehensive blockchain explorer, and a simple exchange contract. These tools demonstrate the technical capabilities of the Long Testnet and OpenEx's commitment to fostering a robust community.

Looking ahead, OpenEx plans to enhance the Long Testnet with additional functionalities such as interfaces, staking reward contracts, and asset cross-chain bridges to further strengthen the ecosystem. The organization also reaches out to Web3 application and protocol developers for testing and feedback to drive continuous improvements.

The primary objectives of the Long Testnet are technical testing and authentication, with multiple ERC20 tokens and the standard token available on the network. OpenEx is dedicated to providing a reliable and secure testing environment to advance blockchain technology development and implementation.