SkyBridge Testnet Update: Progress and Future Plans

by Giorgi Kostiuk

2 years ago

Made with AI

Testnet Launch
SkyBridge Protocol Changes
Audit and Bug Bounty Program

It has been a long time since we last spoke! Here are the latest updates and apologies for the delays in preparing SkyBridge for public testing.

Testnet Launch

Our team has made excellent progress in preparing for public testing. Over the past few weeks, developers made several enhancements to optimize the user experience. While we are not sharing an exact date today, the SkyBridge testnet will become available for public testing soon. The testnet will feature a demo of the initial UI, allowing users to give feedback. Users can interact with smart contracts on Sepolia Etherscan and Sepolia Basescan for advanced transactions. Testnet AVI tokens will be airdropped to all current AVI holders.

SkyBridge Protocol Changes

Several changes were made to enhance user experience as we tested SkyBridge on the Sepolia testnet: * No protocol or liquidity fees for standard (slow) withdrawals. * Use of proxy contracts for bridge upgrades without impacting token support. * Multiple signatures required for withdrawals. * Manual toggling of Supersonic support for SkyBridge tokens.

Audit and Bug Bounty Program

We received a perfect 10/10 security score from Hacken at the beginning of the month. Three issues identified have been resolved. The Bug Bounty program will commence with the SkyBridge testnet launch. Rewards will range from $500 to $15,000 in stablecoins. Updates to our project's whitepaper will include new SkyBridge material.

Success flourishes only in perseverance — ceaseless, restless perseverance.Manfred von Richthofen, the Red Baron

We appreciate everyone’s patience. Stay tuned for regular updates as they become available.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Tier I

Requires 25% Tier Progress to Claim

Meme Cache

Tier I

Requires 50% Tier Progress to Claim

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Tier I

Sector: #18291

25%

50%

75%

100%

Tier II

Survivors rescued:

0 / 600

Survivors

0/0

Transmit Signal

Broadcast this sector's coordinates to other rescuers.

Other news

Bloomberg Enhances Crypto Analytics for Banking Compliance

Bloomberg has enhanced its Crypto Exposure Analytics to classify bank exposure to cryptocurrencies under Basel standards.

Arif Mukhtar44 minutes ago

BTCC Reports Significant Growth in Futures Trading Volume

BTCC reports a significant increase in futures trading volume, reaching 387 billion for Q3 2026, driven by demand for futures products linked to traditional financial markets.

Maria Gutierrez2 hours ago

Bitdeer Expands into AI Cloud and Infrastructure Services

Bitdeer is expanding into AI cloud and infrastructure services with agreements extending into 2027 and 2028.

David Robinson3 hours ago

Bitdeer Reports Significant Increase in Bitcoin Production

Bitdeer announced its Bitcoin production for September reached 1,355 BTC, a substantial increase from the previous year.

Andrew Smith3 hours ago

NIP Group Expands into Bitcoin Mining with New Acquisition

NIP Group has announced an agreement to purchase Bitcoin mining machines with a hash rate of approximately 447 EHs as part of its strategy to enhance its computing capacity.