Whilst it's great to hear the users of Stars ARENA have only lost a portion of their funds this project is still a massive red flag. Multiple security vulnerabilities this early in the project's life point to the high chance of there being even more in the future. When team favours shipping over security, and hype over QA, then the end result is sadly predictable.
Given friend.tech is currently seeing successful SIM swap attacks, and don't seem to have a plan to mitigate this, I wonder if Stars ARENA have any exposure here?
The Arbitrum STIP campaign requires projects to post regular updates on the progress and performance of their token allocations to the governance forums. Will blocmates be checking back in regularly to see how the projects are doing?
Just skimming through some of the proposals I didn't see any that didn't involve giving away a bunch of ARB.
I wonder if there's a better way to allocate these grants. Possibly giving tokens out as a no interest loan? It would force projects to plan for paying it back and the foundations could use the defi lenders on chain to facilitate them thus helping drive more usage.
Whilst it's great to hear the users of Stars ARENA have only lost a portion of their funds this project is still a massive red flag. Multiple security vulnerabilities this early in the project's life point to the high chance of there being even more in the future. When team favours shipping over security, and hype over QA, then the end result is sadly predictable.
Given friend.tech is currently seeing successful SIM swap attacks, and don't seem to have a plan to mitigate this, I wonder if Stars ARENA have any exposure here?
The Arbitrum STIP campaign requires projects to post regular updates on the progress and performance of their token allocations to the governance forums. Will blocmates be checking back in regularly to see how the projects are doing?
Just skimming through some of the proposals I didn't see any that didn't involve giving away a bunch of ARB.
I wonder if there's a better way to allocate these grants. Possibly giving tokens out as a no interest loan? It would force projects to plan for paying it back and the foundations could use the defi lenders on chain to facilitate them thus helping drive more usage.