• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SkyBridge Testnet Update: Progress and Future Plans

user avatar

by Giorgi Kostiuk

2 years ago

  1. Testnet Launch
  2. SkyBridge Protocol Changes
  3. Audit and Bug Bounty Program


    4. 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bank of America Shifts Focus to Bitcoin, Reduces Ethereum Exposure

chest

Bank of America has significantly increased its Bitcoin investments while reducing its holdings in Ethereum and Solana.

user avatarBayarjavkhlan Ganbaatar

Buterin Advocates for Ethereum's Technical Direction

chest

Buterin advocates for Ethereum's technical future, emphasizing censorship resistance, openness, privacy, and security over speed and scalability.

user avatarMohamed Farouk

Ethereum Price Encounters Resistance and Support Zones.

chest

Ethereum's price is currently experiencing a downside correction, facing key resistance and support levels.

user avatarElias Mukuru

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.