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Project Progress Report丨2023.11.15

This is the biweekly project progress report of Aspida. This series of articles will cover the progress situations of Aspida in product development, business partnerships, social media activities, and community conditions. Other sections will be published in the future.

Product Development

This section will outline the development progress of each functional module of the Aspida. Aspida is a native liquid staking network which provides security, liquidity and optimized native rewards. It features easy accessibility, allowing users across different layers/networks to earn staking ETH yield.

Updates in Aspida

In the past two weeks, our development team has made significant progress in building out the Aspida platform.

We have successfully completed the implementation of the core functionality for liquid staking derivatives, allowing users to stake their crypto assets and receive tradable derivatives in return. Additionally, we have implemented a secure and efficient smart contract system that ensures the integrity of transactions and protects user funds.

Our team has also been working on improving the user interface and experience, making it more intuitive and user-friendly. Furthermore, we have conducted rigorous testing and bug fixes to ensure a smooth and reliable platform for our users.

Business Partnerships

This section will outline the partnerships that Aspida is attempting to establish/has already established. We have been making our best efforts to expand Aspida’s influence in LSDFi, and increase users’ yields.

Code Audit

In order to ensure maximum user security after the Aspida Mainnet is officially launched, our protocol is currently conducting code audit communication with multiple organizations. Audit is still in progress, the resulting reports will be made publicly available in a timely manner once it is finished.

Strengthening the Backbone

During this period, we have been actively seeking strategic partnerships with key players in the blockchain and staking industry.

We are pleased to announce that we have formed a partnership with a leading blockchain infrastructure provider, which will provide us with access to their staking nodes and APIs, allowing us to offer seamless and secure staking services to our users. This partnership will significantly enhance the reliability and performance of our staking infrastructure.

Social Media Activities

This section will outline/preview the activities that Aspida is conducting or about to launch. The forms of activity incentives are diverse, with NFTs and integrations being the main forms of incentives for Aspida’s current stage.

Testnet Campaign- Previous Phase

Get Involved — Share Your Talents with Aspida Community.

Aspida Testnet Campaign — Genesis Hunting

Aspida Testnet Campaign — Subsistence Hunting

Aspida Testnet Campaign — Recreational Hunting

Aspida Testnet Campaign — Trophy Hunting

Fourth Round of Testnet Campaign- Trophy Hunting

Duration: 11.1–11.7, one week

Reward Distribution: Aspida Activity Points

After Aspida mainnet launch, the points can be redeemed for rewards, details TBA.

Twitter Sweepstakes: 50 winning lists, each one gets 100 points

Users who complete all of the following actions are eligible to participate in the lottery:

Unforgettable Posters/Images: 3 posters/images with the greatest appeal, each one gets 200 points

Posters/images eligible for rewards must meet the following criteria:

Memorable Slogans: Top 3 most well-known slogans in the Discord slogan channel , each one gets 200 points

For slogans to qualify for rewards, they must meet the following criteria:

  • Reflect Aspida’s functions or features (Example: Aspida, where your staking assets work for you.)
  • post the slogan in the Discord slogan channel
  • Slogam posts with the most reactions

Last Round of Testnet Campaign- Honor Hunting

Duration: 11.14–11.25

Reward Distribution: Aspida Activity Points

After Aspida mainnet launch, the points can be redeemed for rewards, details TBA.

Twitter Sweepstakes: 50 winning lists, each one gets 100 points

Users who complete all of the following actions are eligible to participate in the lottery:

Discord Invitation Competition: Top 20 invitees, each one gets 100 points

Extend an invitation to your friends to join our discord community through the following link: https://discord.com/invite/UrYn3KjagY

Telegram Invitation Competition: Top 20 invitees, each one gets 100 points

We encourage you to invite your friends to join our Telegram chat by sharing this exclusive link: https://t.me/aspida_net

Shareworthy Posts: The top 3 most popular posts on Twitter, each one gets 200 points

For posts to qualify for rewards, they must meet the following criteria:

  • Follow Aspida’s official Twitter
  • Posted contents should be related to ‘Aspida Testnet
  • Posts must contain at least 50 words
  • Posts must tag @aspida_net
  • Posts must tag #LSD #LSDFi

All results of event participation will be published following the conclusion of the full event program.

Sincerely: Our social media team has been sharing regular updates on the progress of our project, as well as answering questions and addressing concerns from our community members. The response from the community has been positive, with an increase in followers and engagement on our social media channels.

Community Conditions

This section will outline Aspida’s community activities such as key community calls and handpicked community FAQs. We encourage users to actively participate in community building and provide valuable suggestions for Aspida’s development.

Discord and Telegram

Our community continues to grow steadily. We have observed a rising interest and enthusiasm among community members, as they actively share their thoughts, ideas, and suggestions for the project’s development and future direction. More and more community members are offering suggestions for improvement and sharing their positive experiences using Aspida. This active engagement from our community has helped us identify areas for improvement and prioritize new features based on their needs and preferences.

Conclusion

Overall, the past two weeks we have been focused on product development, forging business partnerships, engaging with our community on social media platforms, and analyzing the evolving landscape of our community.

Although Aspida is a newly established LSD project, our team is making every effort to build it. We welcome users to join our community and provide valuable suggestions for Aspida development. We will regularly disclose project details, maximize the transparency, and share the joy of milestones with contributors. Thanks for supporting us.

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