Hi all. I had a team call with devs 1 and dev 2 to go over the phiat audit and other things.

19 Feb 2023, 12:35
Hi all I had a team call with devs 1 and dev 2 to go over the phiat audit and other things. The audit appears to be going quite well. I don’t anticipate any big hurdles or new work that needs to come from it. So this means we should start to think about getting the ball rolling on ephiat in the coming weeks. At this stage (given no new issues from the audit discovered) it seems a high likelihood that the sac will be closed at the end of the month plus or minus a few days. We will do this because we need to finalise the numbers for the ephiat token. Once we are done refereeing that we will then look to issuing the tokens. Dev 1 has requested that we do this before the protocol is launched. Can be done just before or a well before. I will give you guys more concrete notice on closing the sac but as I said expect it to end around the end of the month. Q1 target appears to be very much achievable with three weeks from now being the earliest we would launch.