Join Cellframe, as usial, on Thursday, for our AMA!

June 15, 12:30 UTC
We go live on our YouTube channel.

CEO Cellframe Dmitriy Gerasimov will talk about:

- exploit June 1
- mainnet roadmap update
- news of all our projects

Drop questions in the form or in the comments here!

#AMA_cellframe

What did the team do in the aftermath of the situation on June 1st?

Scheduled monitoring of the infofield revealed a situation labeled by the community as a "hack".

A smart contract specialist began to investigate what had happened.

We blocked migration on all sites until the details were clarified.

We removed liquidity from the LP pairs migration contract with the old token.

We put a ban on the staking of pairs with the old token.

Single migration was enabled.

With the help of QA we checked how the commission for conducting transactions is removed, and how its size is affected by the weight of the stake.

At the same time, we monitored the ongoing discussions and kept abreast of the situation in the communities.

At the same time, we got to the bottom of and laid out the scenario of user actions

Outcome:

The attack occurred due to a vulnerability in the migration of LP pairs. We subsequently disabled all features of this migration, rendering any new attack as an impossibility.

We are now finalizing the script for parsing affected wallets and preparing airdrops.

#bugs

We continue to answer questions from the community. Today we're going to focus on the marketing wallet.

The marketing wallet contained 2,000 BNB of funds that belonged to our former partners. We agreed to give them these funds in exchange for them returning all the keys to us.

Now they have the funds and we have the keys: this gives us the freedom to concentrate on the further development of the platform, which we are actively doing. If you follow our news, you will see this.

Our marketing is financed by funds raised from the additional issuing of tokens.

In addition, a 1% tax on the new token collected for the needs of the project after the completion of the active development phase, will also go towards our marketing budget.

Plus, we have a bridge fee and a tax on trading inside the Cellframe DEX.

Participate in community events, spread the word about our projects to your friends, and get ready for the launch of our mainnet!

#stake_cellframe #cellframe_bridge

Join Cellframe, as usual, on Thursday, for our AMA!

June 15, 12:30 UTC
We go live on our YouTube channel.

CEO Cellframe Dmitriy Gerasimov will talk about:

- exploit June 1
- mainnet roadmap update
- news of all our projects

Drop questions in the form or in the comments here!

#AMA_cellframe

Introducing the Cellframe Marketing Roadmap:

Q3 2023
- Separate AMA at mainnet launch
- Preparation of itinerary for community members
- Participation in the organization of the Non-Stop University Cryptographic Scientific Olympiad CRYPTO
- Participation in various professional conferences
- Restarting the Ambassador Program.
- Further development of our animation project - forthcoming release of a series of cartoons in partnership with Cellxar studio

Q4 2023
- Implementation of the action plan for the community (competitions, challenges, marketing events, development of a reward system, gamification of activities), active work of admins within communities
- Promotion of new platform features available after mainnet launch
- Events: professional events, partner promotion events, collaborations
- Start of Event Managers' activity within communities
- Attracting Ambassadors, Ambassador Program 2.0
- Participation in the organization of the Non-Stop University Cryptographic Scientific Olympiad CRYPTO
- Access to new CEXs

Q1 2024
- Development of a community of developers and enthusiasts, implementation of an action plan for various audiences (competitions, challenges, marketing events, development of a reward system, gamification of activities), active work of admins within communities
- Promotion of new platform features available after mainnet launch
- Partner events for promotions, collaborations
- Active work of Event Managers within communities
- Development of the Ambassador Program, increase in the pool of ambassadors, special events and reward system
- Development of own video production direction
- Launch of a merch line
- Participation in crypto and IT conferences to promote the platform

#stake_cellframe #staking #cellframe_news

We will go live on our YouTube channel at 12:30 UTC🚀

🔗Join our AMA session:
https://www.youtube.com/watch?v=HW6RvjMfjyw

See you there!🔥

#AMA_cellframe

For those who missed our AMA session on June 15th, or want to review, here's a full transcript including the June 1st exploit, marketing wallet, mainnet roadmap news, plans, and answers to your questions.

You can also go back and watch the recording at any time on our YouTube.

#AMA_cellframe

The Node release candidate. Updates

Expansion of functionality:

✅Implemented and debugged a new staking mechanism that allows the user to make a single multi-channel staking transaction instead of two. This halves the fee for users during stake and unstake, making the staking procedure absolutely fail-safe.
✅The hash filter has been modified, ensuring a faster processing of rounds.
✅We analysed the fork mechanism and designed a mechanism for monitoring the state of the cells.
✅Implemented a hash table with a list of hashes of all datums. The table allows us to list all such datums and track their status on the chain and ledger, and the return code of each datum can be retrieved.
✅Added RWD builds with an auto-update feature. These builds enable us to gather more detailed information about node errors and crashes, greatly simplifying the trouble-shooting process.
✅The setting of the validator commission size was moved from the config to the order. This will eliminate the discrepancy between the information specified in the order and the config.
✅Updated DNS balancer. It will enable the distribution of node connections across the network in such a way that ensures an even load.
✅Added a mechanism that separates the root nodes of the network according to their specialization: root, full, and balancing.
✅Ported the new emission center and bridge plugin from the master branch to the release candidate. This will allow the user to utilize all the latest developments in the functionality of the bridge and staking in the mainnet.

Fixing bugs:

✅Restored the flow of transactions in the Raiden network.
✅Fixed node crashes while working with dictionary lists in plugins.
✅Set up the display of the transaction ticker in the ledger.
✅Pinpointed and fixed most of node crashes and memory corruption.

#cellframe_news #staking

How to get and use mCELL tokens?

mCELL tokens are received by all members of the Cellframe staking program. In fact, mCELL are issued as confirmation of a stake on our platform.

1mCELL = 1000 CELL

These tokens are not intended for trading, but they are of great value on the Cellframe platform. Holders of CELL tokens can use them in two cases:

-To make unstake funds.
-To run a masternode

Please note that you need a minimum of 10 mCELL to run a masternode, which means that your stake size must be at least 10,000 CELL.

#cellframe_technology

‌We have completed development of the CELL staking program. All planned types of staking are now available on the Cellframe staking site:

Single staking of CELL tokens on the Cellframe native network

CELL LP staking on Uniswap on the Ethereum network on both V2 and V3 protocols.

CELL LP staking on PancakeSwap on the BSC network. On V3 we have staking for all pairs, but on V2 we have only CELL/BNB.

Please note that LP staking on BSC is available only for the new smart contract.

Contract BEP-20 (BSC):
0xd98438889Ae7364c7E2A3540547Fad042FB24642

‌The total rewards for the first year of staking are 3M CELL, and 1.5M CELL the following year, tentatively. The final decision will be made by a vote of token holders.

Don’t wait - this year is the best offer in terms of profitability, and you still have time!

‌You can read more about the staking program in our article Tokenomics 2.0

#cellframe_news #stake_cellframe

We continue developing the Cellframe mainnet. To show our progress, we collected data on Gitlab commits from June 15 to 21.

#stake_cellframe #staking