SkyBridge Testnet Update: Progress and Future Plans

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

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.

Other news

Richard Heart Detained in Istanbul Linked to Finnish Tax Investigation

Richard Heart, founder of HEX and PulseChain, has been detained by Turkish authorities in connection with a Finnish tax investigation.

user avatarJacob Williams

TD Cowen Increases Strive's Share Price Target Amid Bitcoin Holdings Surge

TD Cowen analysts raised Strive's share price target from 44 to 56 due to significant expansion of Bitcoin holdings to 35,595 BTC, noted in a research update on October 16.

user avatarZainab Kamara

Tether Invests in AI Infrastructure Startup AIsa

Tether has invested in AI infrastructure startup AIsa, contributing to its total funding of over $9 million to support autonomous AI applications.

user avatarSon Min-ho

Taiwan Restricts Access to Coinbase and Kalshi Ahead of Elections

Taiwanese authorities have restricted access to Coinbase and Kalshi websites due to concerns over election betting.

user avatarTando Nkube

Strategy Proposes Daily Dividends for STRC Preferred Stock

Strategy has conditionally declared daily dividends for its STRC preferred stock for November 2026, pending shareholder approval.

user avatarKofi Adjeman

Ripple Prime Expands Institutional Trading with New Derivatives Access

Ripple Prime introduces access to perpetual derivatives referencing traditional assets for eligible institutional clients.

user avatarNguyen Van Long

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.