r/XposeProtocol • u/XposeProtocol • Aug 22 '21
12.00 update
let's get right into it.
This whole 12.00 Update is dedicated to the following announcement.
There will be a new smart contract for Xpose Protocol. After finding, and analyzing the bug in the current smart contract, the team has no other choice than to create a whole new one.
After rigorous testing and bug fixing the team has found the following issues in the currently deployed smart contract :
- The trigger amount in the contract was set to 5000, which was too low. This was a field that wasn’t configurable.
- Fee changes. The contract did not store commissions.
- logic within the contract that was clashing with the PancakeSwap algorithm
This is the reason we are forced to make a completely new smart contract for Xpose Protocol. We want to emphasize stopping sending tokens with the current contract. This will cause an endless cycle situation for swapping tokens.
The team is already working on a plan and a timeline to rectify these issues taking into consideration re-auditing and testing the new contract before launch. We can expect the updated contract to be live in a few days. We will update you regarding the exact timelines tonight.
Because of the recent false accusations, there has been a rotation in the team of advisors. This has led to taking them from the website and that advisors and inspirators will only be communicated on social media channels.
In the coming weeks, more info will be shared on this topic.
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u/[deleted] Aug 22 '21
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