INTRODUCTION
Proclamation of recent investigation, token plan restitution, and distribution strategy is an essential action to be implemented due to the consequence of security breach of Easyfi to restructure the protocol to a greater stability and safety platform for all the community members.
REINSTATE FEATURES PLAN
Learning an important lesson from the investigation of the hack, subsequent analysis has been mapped out to reinstate the protocol to a stronger, faster, and more stable platform as following in ensuring the safety of community members tokens in exploring the uses of Easyfi protocol system and products.
SAFETY REVIEW & IMPLEMENTATION
Safety reviews are generally essential in a decentralized market. Moreover, this audit review is one of the most important features for the Easyfi teams to ACCESS THE COMPLETE REVIEW OF THE PROTOCOL to ensure full stability and maximum security of the community tokens. To achieve this, further plans have been put in place as follows:
a) Collaborating with top-notch audit companies to review the complete security implementation practices to enhanced maximum security and stability.
b) Synergistic with companies that generalize on fixing bounty program for community members in participating in protocol assessment and providing the trust in keeping the code safe from hackers.
INSURANCE POLICY
The platform has essentially open to various synergies with different insurance companies to add additional stratum to risk mitigation as part of the procedure to insert extra safety and security for the community members’ confidence in the usage of the system protocol.
This insurance policy will infuse maximum security to user’s collateral status and engagement to Easyfi agreement in protecting the innovative products of the system platform through the following ways:
a) Provision of positional liquidation in ensuring the full cover of community member’s collateral for being liquidated and from inconsistent fluidity of market scenario in the cryptocurrency world.
b) Engagement of companies that offers protocol insurance to ensure the reduction of smart contract termination among the community members.OPERATIONAL POLICY
The partnership with numerous companies has been stated earlier in ensuring the complete review of security practices implementation. After the completion, the operational policy will be created and launch for the Genet use of polygon and BSC protocol again for the community’s benefits. Furthermore, more operational policies will be implemented on the main protocol to infuse additional security practices and necessary measures review features for maximum stability.MOMENTARY INCENTIVIZATION & FLUIDITY RESOURCES
Following the launching of operational policy, there will be a creation of numerous farming and liquidity income generation programs for the community members and all token users of all networks.
CONCLUSION
These new exciting features and policy implementation will provide community members of all networks the moral confidence and security needed to trust the use of Easyfi products and protocol soon.
For more relevant information, kindly visit https://easyfi.network
Article Written By: Adasofunjo Michael Oluseye