Initial Delphi governance launch, development progress & updates, roadmap, community and so on — read the update in full to stay up to date with all things Delphi! Also, do check out the previous update — it was an important one.
Dear Akropolis community,
Today we have been conducting scheduled contracts & UI/UX upgrades, including:
This was a complex update which included different pool contracts both in Save & Stake sections, as well as frontend update. To minimise risks and in line with best practice, we put Delphi into maintenance mode to remove any interactions with the protocol.
Our first community call is this Sunday — we posted a vote in Discord for the exact time. …
Happy Wednesday all!
We distributed ADEL and the market has spoken. As of today, the total diluted value of $ADEL sits at a staggering ~$150M valuation with a token value of ~$2.40.
Recent events in the DeFi space have highlighted that a community governance token is only as strong as the community members and their willingness to support the project by holding the token. …
New development update for Delphi is here — as well as some news about $ADEL.
What a week it has been! In the flurry of hundreds of new DeFi tokens, forks, genuine mind-boggling innovation and unquestionable scams, we have successfully launched our Delphi and the fair launch was both smooth and quick.
Security is not to be taken lightly. We completed two security audits on Sparta, and Delphi audit is ongoing (shoutout to Certik!). But even 100 audits can’t guarantee that there are no vulnerabilities or bugs — some things remain undiscovered until a hacker finds an exploit. With this in mind, we are announcing the Akropolis Bug Bounty program and welcoming white-hats & developers to check our codebase.
The scope of this Bug Bounty program is to identify bugs and vulnerabilities not found during previous or ongoing audits. It covers all core smart contracts deployed on mainnet:
Hey Akropolitans (is this a thing or we should vote for the name? 👀 )
Delphi started functioning on Rinkeby testnet around a week ago, on August 3rd. After working literally 24/7, we’re now ready for the next big step — capped pre audited launch on mainnet.
Delphi Beta is an early pre audited version of Delphi on Ethereum mainnet available to the whitelisted user only. You could have earned your spot by being early supporter, Sparta user, Delphi tester or by participating in the lottery we held! More on it here.
We stood in front of the dilemma — we care a lot about security, but we also want people to try Delphi on mainnet. Following the Guarded Launch idea proposed by Ken Deeter from Electric Capital, we decided to enforce a $50,000 cap on TVL (Total Value locked) and add whitelist to reduce security risks & attack vectors, as well as minimise possible losses. While people see the hype around DeFi, they might forget about risks that come with it. …