stkATOM launch Delay FAQs. 1/ What was the cause of the delay.
10 Nov 2022, 06:35
stkATOM launch Delay FAQs
1/ What was the cause of the delay?
On November 6th, the Persistence Core-1 chain halted due to which the ICA channel created between the Controller chain (Persistence) and the Host chain (Cosmos Hub) closed, which is now irreversible and needs to be re-established.
2/ What was the cause of the Persistence chain halt?
3/ Did pSTAKE’s LS Module for ATOM cause the issue in any case?
No, and the module is still functioning as intended and was unaffected. However, since the ICA channel was closed, certain functions (i.e. staking, auto-compounding rewards, unstaking) could not be executed from the Persistence chain to Cosmos Hub.
4/ What is pSTAKE doing about security?
pSTAKE’s code is intact and has already undergone a security audit with Halborn Security, with more audits underway. We’re also planning an on-chain monitoring dashboard and bug bounty program.
🌐 Report:
5/ What are the next steps?
We’re working with the Core-1 team to propose a new v5 upgrade as soon as possible to enable the launch, which would require adding a new txn to open the ICA channel.
The upgrade proposal is expected to go live by next week.
6/ What do we do now?
pSTAKE for $ATOM is made by Cosmonauts, for #Cosmonauts. Now’s the time to educate more people about liquid staking and accelerate product testing.
We want to thank our community for your patience, as we’re doing everything to bring stkATOM to Cosmos.
Same news in other sources
210 Nov 2022, 08:52
stkATOM Launch Delay FAQs
To provide a full update to our community on the reasons behind the stkATOM mainnet launch delay, the pSTAKE team has prepared a comprehensive set of FAQs.
Read more below 👇
🌐 FAQs:
Website | Twitter | Telegram | Blog | YouTube | Forum
stkATOM Launch Delay FAQs.
stkATOM Launch Delay FAQs
To provide a full update to our community on the reasons behind the stkATOM mainnet launch delay, the pSTAKE team has prepared a comprehensive set of FAQs.
Read more below 👇
🌐 FAQs: https://twitter.com/pSTAKE_Cosmos/status/1590593360368381952
Website | Twitter | Telegram | Blog | YouTube | Forum
10 Nov 2022, 08:52
stkATOM Launch Delay FAQs
To provide a full update to our community on the reasons behind the stkATOM mainnet launch delay, the pSTAKE team has prepared a comprehensive set of FAQs.
Read more below 👇
🌐 FAQs:
Website | Twitter | Telegram | Blog | YouTube | Forum
stkATOM Launch Delay FAQs.
stkATOM Launch Delay FAQs
To provide a full update to our community on the reasons behind the stkATOM mainnet launch delay, the pSTAKE team has prepared a comprehensive set of FAQs.
Read more below 👇
🌐 FAQs: https://twitter.com/pSTAKE_Cosmos/status/1590593360368381952
Website | Twitter | Telegram | Blog | YouTube | Forum