PSA: Incident Resolution Update.
08 Apr 2022, 05:19
PSA: Incident Resolution Update
As the team continues to gradually and methodically complete all tasks in accordance with our incident resolution playbook, we would like to update our SOULdiers on some of the progress thus far:
▪️New contracts for SOUL and KCAL on Ethereum and Binance Smart Chain are close to completion and being tested
▪️The smart contracts on Ethereum and Binance Smart Chain facilitating the migration from old to new contracts are complete and being tested, migration frontend is in development
▪️Multiple snapshots of the Ethereum and Binance Smart Chain blockchains have been secured at various relevant block heights (exact block heights will not be announced until the migration procedure is published to discourage speculative behaviour)
▪️The mathematical algorithms of our cross-chain liquidity incentivization protocol Pharming are being applied to snapshot data to assess liquidity provider balances before and after the incident - this involves interpreting historical NFT metadata (among other things) and is progressing well
▪️The analysis of trading history on DEXes for individual wallets is progressing well and partially complete
All of the above tasks are progressing in parallel. Once complete, the data will be combined to form the basis for the token migration from old to new contracts on Ethereum and Binance Smart Chain. With the massive amount of data being processed and synthesized it will naturally take some time before all boxes have been ticked and all results have been verified, and we will continue to keep everyone updated on the progression.
For those who may not be fully up to date on recent events, we wish to remind everyone that the Phantasma mainnet is fully operational, Phantasma mainnet based assets and Neo based Phantasma assets are entirely unaffected, and trading on reputable centralized exchanges like Kucoin and Gate is safe.
Your Phantasma Team
Same news in other sources
1PhantasmaSOUL #982
08 Apr 2022, 05:19
PSA: Incident Resolution Update
As the team continues to gradually and methodically complete all tasks in accordance with our incident resolution playbook, we would like to update our SOULdiers on some of the progress thus far:
▪️New contracts for SOUL and KCAL on Ethereum and Binance Smart Chain are close to completion and being tested
▪️The smart contracts on Ethereum and Binance Smart Chain facilitating the migration from old to new contracts are complete and being tested, migration frontend is in development
▪️Multiple snapshots of the Ethereum and Binance Smart Chain blockchains have been secured at various relevant block heights (exact block heights will not be announced until the migration procedure is published to discourage speculative behaviour)
▪️The mathematical algorithms of our cross-chain liquidity incentivization protocol Pharming are being applied to snapshot data to assess liquidity provider balances before and after the incident - this involves interpreting historical NFT metadata (among other things) and is progressing well
▪️The analysis of trading history on DEXes for individual wallets is progressing well and partially complete
All of the above tasks are progressing in parallel. Once complete, the data will be combined to form the basis for the token migration from old to new contracts on Ethereum and Binance Smart Chain. With the massive amount of data being processed and synthesized it will naturally take some time before all boxes have been ticked and all results have been verified, and we will continue to keep everyone updated on the progression.
For those who may not be fully up to date on recent events, we wish to remind everyone that the Phantasma mainnet is fully operational, Phantasma mainnet based assets and Neo based Phantasma assets are entirely unaffected, and trading on reputable centralized exchanges like Kucoin and Gate is safe.
Your Phantasma Team
PSA: Incident Resolution Update.
PSA: Incident Resolution Update
As the team continues to gradually and methodically complete all tasks in accordance with our incident resolution playbook, we would like to update our SOULdiers on some of the progress thus far:
▪️New contracts for SOUL and KCAL on Ethereum and Binance Smart Chain are close to completion and being tested
▪️The smart contracts on Ethereum and Binance Smart Chain facilitating the migration from old to new contracts are complete and being tested, migration frontend is in development
▪️Multiple snapshots of the Ethereum and Binance Smart Chain blockchains have been secured at various relevant block heights (exact block heights will not be announced until the migration procedure is published to discourage speculative behaviour)
▪️The mathematical algorithms of our cross-chain liquidity incentivization protocol Pharming are being applied to snapshot data to assess liquidity provider balances before and after the incident - this involves interpreting historical NFT metadata (among other things) and is progressing well
▪️The analysis of trading history on DEXes for individual wallets is progressing well and partially complete
All of the above tasks are progressing in parallel. Once complete, the data will be combined to form the basis for the token migration from old to new contracts on Ethereum and Binance Smart Chain. With the massive amount of data being processed and synthesized it will naturally take some time before all boxes have been ticked and all results have been verified, and we will continue to keep everyone updated on the progression.
For those who may not be fully up to date on recent events, we wish to remind everyone that the Phantasma mainnet is fully operational, Phantasma mainnet based assets and Neo based Phantasma assets are entirely unaffected, and trading on reputable centralized exchanges like Kucoin and Gate is safe.
Your Phantasma Team