

Animal Farm V2 Launched Nov. 1 After Delays to Increase Security



Animal farm's V2 yield farm by Drip Network has launched after auditing and security fix delays, with additional security measures also announced.
Version 2 of Animal Farm’s yield farm by Drip Network launched on Nov. 1 after auditing and security fix delays pushed the timeline ahead from Oct. 18.
The platform finalized an audit by smart contract auditing firm Truth Security on Oct. 28 that analyzed 21 contracts for security vulnerabilities. The firm found four low low-severity issues, 1 medium-severity issue, and three unspecified-severity issues. All issues were resolved prior to launch.
The team also announced additional security measures via social media on Oct. 30, writing that after launch, they would be delaying some important ecosystem change requests to some smart contracts for 48 hours after each request is made:
"Most of the variables are immutable but ... the variable changes we can make to add partnership vaults, add a new pool, add lending options, it takes 48 hours after the transaction is placed for the function to be called and the changed (sic) to go live. So everyone can see that change is going to happen before it does, days in advance."
Some info about actions we will be taking after launch‼️https://t.co/ChFvpLqivI launching Nov 1st, at 1pm est🐷🚀#defi #crypto #blockchain #CryptoTwitter #cryptomarket #CryptoNews #BSC #Cryptocurency pic.twitter.com/TmC0NbBk3q
— Drip (@DRIPcommunity) October 31, 2022
The platform’s total value locked (TVL) was around $100 million as of publication, while the BUSD in the rewards vault totaled almost $292 million. Staking and liquidity pools are all showing APRs above 100% for assets like BTC, BUSD, ETH, WBNB, and more.
What Is Drip Network:
Drip Network is a deflationary daily Return On Investment (ROI) platform built on BNB Chain. The innovative platform, developed by CEO Forex Shark, a renowned name in the DeFi space, works with a unique mechanism that gives users up to 365% ROI.
Additionally, the protocol, in association with Animal Farm, its native Yield Farm, rewards users for adding liquidity. Users add liquidity in Drip and lock them in Animal Farm to get incentivized.
Where to find Drip Network:
Website | Twitter | Whitepaper | Telegram
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News


Ether Futures ETFs Hit the Market: ProShares, VanEck, and More Offer Options

This marks the first-ever ETFs based on ether futures, following the introduction of the first bitcoin futures ETF two years ago.
Summary
- A range of exchange-traded funds (ETFs) targeting the performance of ether futures have been launched.
- These offerings mark the first-ever ETFs based on ether futures, coming almost two years after the introduction of the first bitcoin futures ETF.
In a significant development for the crypto industry, a range of exchange-traded funds (ETFs) targeting the performance of ether futures have been launched. These offerings mark the first-ever ETFs based on ether futures, coming almost two years after the introduction of the first bitcoin futures ETF.
Renowned for launching the first U.S. bitcoin futures ETF, ProShares leads the charge with the launch of the ProShares Ether Strategy ETF, along with two additional offerings that provide a blend of exposure to both bitcoin and ether. ProShares’ CEO, Michael L. Sapir, expressed optimism about the appeal of these crypto-linked ETFs to investors, stating, "We think that many investors who are interested in cryptocurrencies but are concerned about custody risks, or who are challenged by the learning curve and complexities required to buy them directly, will be attracted to our crypto-linked ETFs."
Bitwise also joined the fray with two ether futures ETFs: the Bitwise Ethereum Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF.
VanEck, a prominent asset manager, has also entered the arena with the VanEck Ethereum Strategy ETF. This ETF is designed to target capital appreciation by investing in ether futures contracts, providing investors with an alternative path to participate in the robust futures market centered around Ethereum.
Additionally, the VanEck Ethereum Strategy ETF has also entered the market, “designed to seek capital appreciation” through ether futures contracts. As highlighted by Kyle DaCruz, Director of Digital Asset Product at VanEck, these offerings provide a means for investors to tap into the robust futures market surrounding Ethereum.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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