PANews October 12 news, Arthur Hayes tweeted that the FLOP testnet will launch within weeks.
Previous news, Flop Labs testnet FLOP tokens will be able to conduct real currency transactions via the HTLC protocol, and will be exchangeable for mainnet FLOP tokens at a ratio to be determined in the future. Arthur Hayes also stated that during the testnet period, there will be more incentives for participating as a miner, validator, or proxy.