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Launch Plan Updates
Shard LabsFeb 02
Last week Shard Labs announced Launch Plan with a clear goal and targeted timeline. Check it out here. ?
As you know, ShardLabs is bringing Lido to Polygon to enable users to stake MATIC token in a decentralized, secure way and use them on the secondary market with a simple click of a button on the UI. Read more all about it here.
After analyzing the current situation, we decided to postpone the launch and do the full re-audit of our smart contracts.
We want to make sure our protocol is as secure as possible.
We tried to answer some questions you may have, and for any additional ones, feel free to write us on our Twitter account. ?
Upon receiving the first feedback on our code, we were delighted to see that most things that require fixing are not significant. So the plan was to address them in the next five days and submit these fixes for review. Then, after getting the green light from the auditing company, we could launch Phase 1, which was previously planned for this week.
During these five days, we discovered additional parts of our codebase that we wanted to improve to ensure protocol stability, even in some cases that are not likely to happen but are still theoretically possible. That decision prolonged the time required to ensure our codebase is ready for audit submission.
The code was fully submitted today with the latest commit hash on the main branch.
Our goal is to ensure that this protocol will work without interruptions and with as least security risk as possible.
Decentralized protocols live forever on the blockchain, and this one has a major role in decentralizing the Polygon network. Any exploit or vulnerability might induce a risk for user funds and the stability of the Polygon blockchain.
Is the audit report public?
The audit report will be pushed to our Github repository when finalized. So you can expect it there during Phase 1.
The audit is an excellent way to get more eyes on your code. Experts reviewing our codebase are some of the most experienced professionals in the space.
Even though we hope that the audit will discover all major vulnerabilities, we want to attract more security experts to dig deep. That is why we are going to have a bug bounty program. More details are to come soon.
When is the next launch date?
The new launch date will be announced as soon as we know everything is ready regarding code quality and other prerequisites. But don’t worry, you will not have to wait too much. ?
Disclaimer: This article is meant to provide general information and to help educate people. It is not financial advice of any sort, and it should not be taken in any way as such. Shard Labs would like to remind you that keeping it safe is ALWAYS vital. Never give your wallet keys or access codes […]
We have some exciting news to share! Shard Labs is now a Verified Operator of ssv.network’s Limited Mainnet Launch, which is a big step in keeping the Ethereum validators’ infrastructure safe and reliable. We are pleased to announce our official participation in @ssv_network as a Mainnet Verified Operator! What does this mean? 🧵👇 pic.twitter.com/PMMU3iizvw — […]
Disclaimer: This article is meant to provide general information and to help wider educate people. It is not financial advice of any sort, and it should not be taken in any way as such. Shard Labs would like to remind you that keeping it safe is ALWAYS vital. Never give your wallet keys or access […]