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 diligently advancing the development of each functional module within its native liquid staking network. The team’s primary focus has been on enhancing security, liquidity, and optimizing native rewards for users. The ongoing development progress aims to ensure easy accessibility, enabling users across different layers and networks to earn staking ETH yield.

Our team has been working meticulously to ensure that each functional module of the native liquid staking network is developed to the highest quality standards. This includes addressing security vulnerabilities and optimizing the 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

To ensure maximum user security following the official launch of the Aspida Mainnet, our protocol is currently engaged in code audit discussions with multiple organizations. The audit is still ongoing, and the resulting reports will be publicly available in a timely manner once they are completed.

Bug Bounty

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

Future Partners

Aspida is actively seeking to establish and strengthen business partnerships in the liquid staking and decentralized finance space. The team is committed to expanding its influence and has been making concerted efforts to establish partnerships in the LSDFi industry, with the aim of increasing users’ yields and providing 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, in collaboration with Immunefi, is set to be launched on the mainnet.

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. It serves projects such as Synthetix, Chainlink, SushiSwap, MakerDAO, Wormhole, GMX, Alchemix, Nexus Mutual, and numerous others.

By partnering with Immunefi, Aspida aims to identify and resolve potential vulnerabilities or bugs in the system through a comprehensive bug bounty program. This program incentivizes ethical hackers and security researchers to actively participate in finding and reporting bugs.

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

AMA sessions

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

One of the most exciting upcoming initiatives we have prepared is the AMA sessions, where community members can directly interact with the team and ask questions about the project. Additionally, they can look forward to engaging contests and giveaways designed 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

Recognizing the importance of community sentiment, Aspida actively monitors and analyzes the views of its community. We understand that our community members are the backbone of our project, and their support and feedback are essential in shaping Aspida’s development.

To gain insights into community sentiment, Aspida conducts sentiment analysis by tracking social media discussions and interactions. This approach 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, the past two weeks have been both busy and productive for us:

• We’ve made significant progress in refining our product and are thrilled about the direction it’s heading;
• We’ve actively sought 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’ve listened to their feedback and incorporated it into our plans moving forward;
• We’ve closely monitored the changes and developments within our community to ensure that we’re 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.

Website丨Staking App丨Discord丨Telegram丨Twitter丨Blog丨Medium丨Documentation