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Project Progress Report丨2023.10.31

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.

Testnet

New Website: https://aspidanet.com

Staking App: https://app.aspidanet.com/

Wallet and Accounts System

  • Backend APIs completed to enable wallet connectivity (allowing users to store, send, and receive tokens) with 80% test coverage
  • Frontend React framework set up for wallet UI

Smart Contracts

  • Staking contract security analysis and bug fixes in progress
  • Contract audit in final review stage

Interaction Testing

  • Wrote integration and unit tests for wallet backend, current test coverage at 75%
  • Setup E2E test environment for wallet and smart contract UX flows

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.

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

Get Involved — Share Your Talents with Aspida Community

First Round of Aspida Testnet Campaign — Genesis Hunting

Second Round of Testnet Campaign- Subsistence Hunting

Duration: 10.17–10.23, 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:

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

Third Round of Testnet Campaign- Recreational Hunting

Duration: 10.24–10.30, 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:

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

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

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

Aspida boasts an actively growing community across its Discord and Telegram channels.

The Discord server now has over 1500+ members and facilitates deep discussions on staking strategies, protocol development, and networking. It features channels for Aspida announcements, technical support, ecosystem development, careers and more.

The Telegram group enables quick communication between the Aspida team and community. It helps drive participation in testing campaigns, feature requests, and collective brainstorming.

Between Discord and Telegram, Aspida is fostering a collaborative community aligned on educating and activating stakers to maximize yields. The constructive conversations create a positive environment for launching Aspida and make people feel valued as stakeholders.

Community related activities can be seen here:

Aspida Testnet Campaign — Subsistence Hunting

Aspida Testnet Campaign — Recreational Hunting

Conclusion

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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