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.

Development Process in Aspida

Aspida has been actively working on the development of each functional module of its native liquid staking network. The team has been focusing on ensuring security, liquidity, and optimized native rewards for users. The development progress includes easy accessibility, allowing users across different layers/networks to earn staking ETH yield.

We have been working meticulously to ensure that each functional module of the native liquid staking network is developed to the highest quality standards, taking into account security vulnerabilities and optimizing user experience.

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.

Bug Bounty

We are in the planning stages of applying for Bug Bounty programs to further enhance the security and reliability of our products. We will continue to update you on our progress in the coming weeks. Thank you for your support.

Future Partners

Aspida is actively seeking to establish and strengthen business partnerships.The team at Aspida is committed to expanding its influence in the liquid staking and decentralized finance space. We have been making our best efforts to establish partnerships in the LSDFi industry, aiming to increase users’ yields and provide a seamless staking experience.

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.

Bug Bounty Event-Preparation for Mainnet Launch

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.

AMA sessions

Aspida regularly provides project updates, educational content, and engages in discussions with the community to gather feedback and address any concerns. The social media activities of Aspida are aimed at creating awareness about the project and its progress.

AMA sessions is one of the most exciting upcoming initiatives we have prepared, where community members can directly interact with the team and ask questions about the project. They can also look forward to engaging contests and giveaways to reward loyal supporters.

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

Understanding the community conditions is crucial for the success of any project. Aspida recognizes this and actively monitors and analyzes the community sentiment. We understand that our community members are the backbone of our project, and their support and feedback play a vital role in shaping Aspida’s development.

To gain insights into the community conditions, Aspida conducts sentiment analysis by tracking social media discussions and interactions. This helps us understand how the community perceives our project, identifies potential areas for improvement, and enables us to tailor our strategies accordingly. This valuable information allows us to optimize our social media activities and ensure that the content we share aligns with the interests and needs of our community members.

Any good ideas and suggestions can be provided to us through our Discord and Telegram, and every valuable feedback will receive varying degrees of incentives from Aspida.

Conclusion

Overall, it has been a busy but productive two weeks:

• We have made significant progress in refining our product and are excited about the direction it is heading;
• We have also been actively seeking out potential business partners to help us expand our reach and offerings;
• Our social media engagement has been strong, with our community responding positively to our content and initiatives.
• We have been listening to their feedback and incorporating it into our plans moving forward;
• We have been closely monitoring the changes and developments within our community to ensure that we are staying ahead of the curve and adapting to meet their needs.

We are looking forward to continuing this momentum in the weeks to come. 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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