DSLA Protocol v1.0: Audit Status, Staking & Integration Roadmap

in Project HOPE4 years ago

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It’s started

Dear community, the core development team of DSLA Protocol is pleased to announce that we have initiated our mainnet deployment operations earlier today.

Provided our team does not run into any blocking issues, the DSLA Protocol v1 availability should span across March 31 and April 1, depending on your timezone.

DSLA Protocol being a large-scale initiative that involves multiple partnering blockchain networks and external service providers, DSLA contract types and supported third-party services will be rolled out progressively, according to their own roadmap detailed below.

As hinted on numerous occasions, Harmony will be the first officially supported network of DSLA Protocol, and a key area of focus for our team.

Audit Status

Let’s talk security now.

Completed

At this stage, along with our comprehensive internal testing, we have received two full security audits of the DSLA Protocol:

  • An audit from leading german security firm [Chainsulting](https://chainsulting.de/)
  • An audit from an independant white hat security expert and member of the Hackerone community
  • All high and critical issues raised during this double audit have been addressed.

    The aforementioned security auditors are in the process of wrapping up their respective reports. We will share them with the community, and attach them to official DSLA Protocol smart contract on Etherscan, as soon as they are available.

    In Progress

    CertiK’s security audit, focusing on DSLA Protocol smart contract handling funds, is still in progress.

    Should unforeseen issues be surfaced by CertiK after our mainnet launch, appropriate steps will be taken to circumvent them, most likely through a v1.1 redeployment of the entire protocol and associated guidelines.

    It is an important technical tradeoff to potentially proceed with such redeployment, but we felt having non-upgradeable smart contracts to be more aligned with our community’s interests, by principle of decentralization.

    Secure Rollout

    In that spirit, and while obtaining two successful audits give us the confidence to release DSLA Protocol as planned, we will initially mark this mainnet release as experimental.

    Specifically, we will put temporary limitations in place to further secure the launch during a 10-days grace period.

    In addition to this secure rollout, we encourage white hats to keep submitting their findings using the security bounty campaign we put in place with our friends at Immunefi.

    10-days Grace Period

    Details about the mainnet grace period will be shared in a dedicated post at launch.

    In the meantime, here are some of the general principles that will apply:

  • DSLA will be the only currency available for staking
  • Staking will be temporary capped to smaller amounts
  • Only ONE Staking Agreements will be available
  • Key Staking Dates
    Genesis SLA Period

    The genesis DSLA period will start on April 5 00:00 UTC and end on April 11 23:59:59 UTC.

    All ONE Staking Agreements created before April 5 will be elligible for the genesis SLA period, and for the first batch of SLA staking rewards.

    Genesis SLA Staking Rewards

    The first staking rewards claim will be available on April 12, after the end of the genesis SLA period.

    Integration Roadmap

    We will be focusing on 4 network integrations in the next two months.

    Use Case  Network  Service  ETA Status
    APR Agreements Harmony $ONE Staking & Delegation Mar 31 In Progress
    APR Agreements Avalanche $AVAX Staking & Delegation Apr 21 Coming Soon
    APR Agreements Polkadot $DOT Staking & Delegation May 12 Coming Soon
    APR Agreements Cosmos $ATOM Staking & Delegation Jun 2 Coming Soon

    Details about Impermanent Loss Agreements will be shared in a future update.

    Outro

    The DSLA Protocol mainnet is the start of a long journey to product-market fit.

    We strongly believe in the benefits of a slightly more controlled launch that what you might be used to, that accounts for the engineering challenges ahead of us.

    D-1!

    About DSLA Protocol

    image.png

    DSLA Protocol is a risk management framework that enables developers and infrastructure operators to reduce their users exposure to service delays, interruptions and financial losses, using self-executing service level agreements, bonus-malus insurance policies, and crowdfunded liquidity pools.

    Its flagship use case is to offset the financial losses of proof-of-stake delegators and DeFi users, while incentivizing the good performance and reliability of staking pool operators and DeFi service providers such as Uniswap (AMM) and OpenSea (NFT).

    To learn more about DSLA Protocol, please visit stacktical.com, browse our official blog, and follow @stacktical on Twitter.

    Original Article Source: Blog Stacktical

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    It's great to hear that security audits from Chainsulting and an independent white hat security expert have been completed, and any high and critical issues have been addressed. I think it's also important to mention that smart contract development is a crucial part of DSLA Protocol's risk management framework, enabling self-executing service level agreements and bonus-malus insurance policies to reduce user exposure to financial losses. To learn more about smart contract development, you can check out this link: https://theappsolutions.com/blog/development/smart-contract-development/.

    That's exciting news! The DSLA Protocol team has initiated mainnet deployment operations, aiming for full availability around March 31 and April 1, depending on your timezone. Given the complexity involving multiple blockchain networks and external providers, DSLA contract types and third-party services will be rolled out progressively. Harmony will be the first officially supported network, highlighting the team's strategic focus. For those interested in enhancing your blockchain projects, check out hire ruby on rails developers that provides information on hiring skilled developers who can help bring your innovative ideas to life. Whether you're expanding a project like DSLA Protocol or starting something new, having the right development team is crucial. Don't miss the opportunity to hire top talent to ensure your project's success.