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Aspida Testnet Campaign Review

End of Aspida Testnet Campaign

We would like to express our gratitude to all participants who joined us for the Aspida Testnet Campaign. Your active participation and valuable feedback were instrumental in the success of this Campaign. We are truly thankful for your commitment and contributions, which played a crucial role in ensuring the smooth running of the Aspida Testnet.

We are excited to announce that based on your feedback, we have identified crucial areas for improvement and will be incorporating them into the official Aspida network launch. We are confident that these updates will greatly enhance the overall performance and user experience of the Aspida network.

We appreciate your support and look forward to your continued engagement as we move towards the official launch of the Aspida network.

Details of the Testnet Campaign

During the Aspida Testnet Campaign, participants actively engaged with the platform and provided valuable feedback, which was crucial in identifying areas for improvement.Based on participant feedback, the Aspida team has been able to gather insightful information regarding functionality, user experience, and performance.

This feedback has been invaluable in helping us refine and optimize the Aspida network before its official launch. Furthermore, participants’ contributions have allowed us to uncover and address any potential vulnerabilities or issues that could affect the network’s stability and security.

Now let’s review the five phases of this testnet activity:

Genesis Hunting

Duration: 10.8–10.14, one week

Reward Distribution: Aspida Activity Points

Task1: Twitter Sweepstakes

Task2: Invitation Links Competition

Subsistence Hunting

Duration: 10.17–10.23, one week

Reward Distribution: Aspida Activity Points

Task1: Twitter Sweepstakes

Task2: Discord Invitation Competition
Task3: Telegram Invitation Competition

Recreational Hunting

Duration: 10.24–10.30, one week

Reward Distribution: Aspida Activity Points

Task1: Twitter Sweepstakes

Task2: Discord Invitation Competition
Task3: Telegram Invitation Competition

Trophy Hunting

Duration: 11.1–11.7, one week

Reward Distribution: Aspida Activity Points

Task1: Twitter Sweepstakes

Task2: Unforgettable Posters/Images
Task3: Memorable Slogans

Hornor Hunting

Duration: 11.14–11.25

Reward Distribution: Aspida Activity Points

Task1: Twitter Sweepstakes

Task2: Discord Invitation Competition
Task3: Telegram Invitation Competition

Task4: Shareworthy Posts

Further instructions regarding the activity tasks can be found here:
Get Involved — Share Your Talents with Aspida Community

Testnet Purpose and Incentives

The purpose of the Aspida Testnet Campaign was to gather feedback from participants and identify areas for improvement before the official launch of the Aspida network. Participants were incentivized to join the Testnet Campaign with rewards and incentives, such as early access to features, exclusive bonuses, or participation in poins(can be used to exchange for various rewards such as tokens after the mainnet launch) distribution Campaigns, which helped create a strong and active testing community.

This strong and active testing community played a crucial role in ensuring the success of the official Aspida network launch. With their valuable feedback and active participation, the Aspida team was able to address any potential issues or vulnerabilities, optimize network performance, and enhance the overall user experience of the Aspida network. Overall, the Testnet Campaign and the participation of the testing community were instrumental in improving the performance and user experience of the Aspida network.

Final Feedback and Adjustments

During the Testnet Campaign, the Aspida team closely monitored participants’ feedback and made adjustments to the Testnet roadmap. These adjustments were crucial in ensuring that the Testnet Campaign was effective in identifying any issues or areas for improvement in the network. Additionally, regular communication channels were established to encourage participants to provide feedback and report any bugs or technical issues they encountered during the testing process.

This feedback loop allowed the Aspida team to quickly address any issues and make necessary adjustments to enhance the functionality and stability of the network. By utilizing the feedback received during the Testnet Campaign and implementing necessary adjustments, the Aspida team was able to enhance the functionality and stability of the Aspida network, ultimately ensuring a smoother and more successful official launch of the platform.

Preparation for the Mainnet Launch

Preparation for the mainnet launch of the Aspida network involved analyzing the feedback and data collected during the Testnet Campaign. This analysis helped the Aspida team identify areas of improvement and prioritize them for implementation before the mainnet launch.

The integration of user feedback and adjustments based on the Testnet Campaign were crucial steps in preparing for the successful mainnet launch of the Aspida network. By incorporating the insights and suggestions from the testing community during the Testnet Campaign, the Aspida team was able to refine and enhance the performance and usability of the network before its official launch, thereby ensuring a positive user experience and maximizing the chances of success in the competitive market.

The iterative feedback and adjustment process also allowed the Aspida team to prioritize improvements for the mainnet launch, resulting in a highly functional and well-prepared network that met the needs and expectations of its users. This iterative process of feedback, adjustment, and preparation played a vital role in the successful mainnet launch of the Aspida network, as it allowed the Aspida team to address any potential issues or vulnerabilities, ensuring a smooth and successful launch of the platform.

Audit Progress Report

The audit progress report serves as a valuable tool for tracking the progress and impact of various initiatives and projects.

By reviewing the report, stakeholders can assess how well the objectives are being met and whether any adjustments or improvements are necessary. The report also provides transparency and accountability, as it enables stakeholders to monitor the use of resources and evaluate the effectiveness of strategies and interventions. Furthermore, the report allows for peer evaluation, which adds an additional layer of objectivity and ensures that the assessment is comprehensive and fair. Overall, the audit progress report plays a crucial role in promoting efficiency, effectiveness, and accountability in various initiatives and projects.

Aspida’s code audit is in progress and will be completed before the mainnet goes online. We will disclose this once completed.

Bug Bounty Event for the Mainnet

The Aspida bug bounty event is anticipated to be launched on the mainnet, which is in collaboration with Immunefi.

Immunefi is a leading Web3 bug bounty and security services platform that offers the largest bounties in the world. With over $60 billion in user funds protected, Immunefi serves projects such as Synthetix, Chainlink, SushiSwap, MakerDAO, Wormhole, GMX, Alchemix, Nexus Mutual, and numerous others.

By working together, Aspida and Immunefi aim to identify and resolve any potential vulnerabilities or bugs in the system through a comprehensive bug bounty program that incentivizes ethical hackers and security researchers to actively participate in finding and reporting bugs.

Participants will have the opportunity to discover and report any security vulnerabilities or bugs in the Aspida project and receive rewards in return. The activity details will be announced in the near future.

Join the Community

The invitation to join the community provides an opportunity for stakeholders to actively participate in the growth and development of a project or organization.

By inviting stakeholders to join the community, Aspida team can benefit from their diverse perspectives, insights, and expertise. This collaboration can lead to innovative solutions, improved decision-making, and a stronger sense of ownership and support among stakeholders. Ultimately, by actively engaging stakeholders and encouraging their participation, Aspida can foster a sense of community and cultivate long-term relationships that contribute to the overall success and sustainability of the project.

Therefore, we sincerely extend invitations to relevant stakeholders, creating a welcoming and inclusive environment for them in order to gain their valuable input and expertise.

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Get to Know Aspida in Depth

Aspida is a decentralized liquid staking protocol that allows individuals to stake their assets($ETH) and receive derivative tokens($dETH) representing their staked holdings. These derivative tokens can then be used as collateral to borrow other digital assets, providing users with liquidity while maintaining their staked positions.

Aspida achieves decentralization by utilizing smart contracts that execute on the blockchain, removing the need for intermediaries and central authorities. By leveraging the power of smart contracts, Aspida ensures a transparent and auditable process for issuing and managing derivative tokens. The protocol also incorporates an on-chain market mechanism to determine the value of the derivative tokens, ensuring fair pricing and efficient trading.

Aspida allows validators to gain partial liquidity on their staked capital by providing lending services. This means that validators can borrow a certain percentage of their staked assets by using staking derivatives. This borrowing mechanism allows validators to access liquidity without having to unstake their assets, enabling them to participate in other opportunities or meet immediate financial needs.

Furthermore, Aspida introduces the concept of pool tokens($sdETH). These pool tokens represent the accrued interest on the staked assets over time. Validators can choose to trade, sell, or hold these pool tokens as they desire.

In the future, Aspida envisions the establishment of a Decentralized Autonomous Organization, allowing stakeholders to participate in the governance of the protocol. This would enable stakers to have a say in important decisions regarding smart contract upgrades and protocol settings.Liquid staking is a concept that has gained traction in the world of cryptocurrency and blockchain.

Try Aspida Staking Apphttps://app.aspidanet.com/

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