According to the official news, the application Rave testnet based on Initia's Interwoven Stack has been officially launched. The project is supported by Arthur Hayes' Maelstrom Fund and brings quantitative contracts to the chain for the first time, allowing users to trade with any collateral. Rave officials said that users can immediately start experiencing Rave's trading capabilities on the testnet by joining the Discord community to obtain free test tokens and fuel tokens.