• 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

a year 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

XRP Market Liquidity Shifts to Upbit

chest

Recent data indicates that Upbit has surpassed Binance and Coinbase in XRP trading volume, signaling a notable shift in market liquidity.

user avatarLuis Flores

Sharplink Reports Significant Loss Amid Ethereum Price Drop

chest

Sharplink reported a full-year loss of $734 million due to declining Ethereum prices, despite achieving $101 million in profits in 2024.

user avatarArif Mukhtar

UK Political Landscape Faces Scrutiny Over Crypto Donations

chest

Reform UK has become the first major British political party to accept cryptocurrency donations, raising concerns about transparency, money laundering, and foreign interference in elections.

user avatarMaria Gutierrez

Nigel Farage Joins Stack BTC Plc as Investor

chest

Reform UK leader Nigel Farage has made a notable investment in Stack BTC Plc, contributing to a fundraising round aimed at bolstering the company's Bitcoin treasury.

user avatarDavid Robinson

Dogecoin Faces Critical Support Level Amidst Technical Analysis

chest

Dogecoin is currently trading near multiyear lows, with traders speculating on a potential breakout as it tests a critical support level.

user avatarAndrew Smith

Traditional Banks Consider Legal Action Against OCC Over Crypto Licenses

chest

The traditional banking sector in the U.S. is considering legal action against the OCC over federal licenses granted to crypto firms.

user avatarJacob Williams

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.