Welcome to the next chapter of Mozaic! After countless lessons learned and challenges overcome, like a phoenix rising from the ashes, we’re bringing you Mozaic 2.0’s vaults!
Our journey began with a mission: to create the most secure and robust AI-FI protocol out there. Alongside our trusted partners at Hypernative Security, we delved deep into the code, scrutinizing every detail to ensure top-notch security and performance. After countless late-night coding marathons and caffeine-fueled brainstorming sessions, we’re thrilled to announce that Mozaic 2.0’s vaults are almost ready for liftoff!
So, what’s in store for you? Expect a fortress of digital security, meticulously crafted and broken down into 4 exciting phases. Get ready to explore the future of AI-FI technology with us. Let’s dive in!
Development Phase
At Mozaic, we’ve been on a relentless mission to find the top talent to bring our vision to life. Leading the charge is the ever-charismatic US Congressional Candidate, Greg Tanaka. When he's not rallying for crypto at seminars, he's here, driving our mission forward with unmatched passion. Then there's Sam, our wizard from Fidelity, who’s grown assets under management from $300M to over $1B. And let's not forget Hamed, our cybersecurity guru, whose vigilance keeps our protocol ironclad. This dream team feels like we've struck gold, and their expertise is the backbone of Mozaic 2.0.
But talent alone isn't enough; we needed to ensure our fortress is impenetrable. That’s why Mozaic has teamed up with the best in the business. Trust Security, our ace auditor, consistently tops the Code4rena and Immunefi leaderboards. They’ve tackled over 50 private audits, awarded over $1M in public bounties, and their 15 top hunters are relentless in their pursuit of vulnerabilities. On top of that, we’ve had Testmachine review all our smart contracts. We've also brought in Oak Security’s finest—a full-time auditor and smart contract developer—to ensure every line of code is bulletproof. Before we hit Production, all security implementations will be ironed out, detailed in a comprehensive report we will be publicly sharing.
Our partnership with Hypernative has been a game-changer. They're not just about securing code; they’re about securing our entire operation. From centralization concerns to post-incident reviews, Hypernative covers it all. They’ve helped us integrate cutting-edge real-time threat detection and incident response protocols into our AI and on-chain systems. This means we can spot and squash potential threats before they become problems, giving our users peace of mind and robust protection.
Here's an example of Hypernative's detection in action during Velocore's $10M hack. With Hypernative, we can choose to be alerted or implement an automated response. Options can include automating the pause of operations or moving funds to a safe location when an alert indicates an incoming hack. An automated response would have prevented this situation if they had integrated with Hypernative.
Test & Beta Phase
Every journey has its testing ground, and for Mozaic 2.0, this month marks the official start of our final sprint towards launch! As we gear up for the relaunch, we're embracing every opportunity to rigorously test our systems. Picture this: vaults deployed on testnet, a hive of activity where our security experts dive deep into every line of code, ensuring everything is rock solid.
The beta phase is where the real fun begins, expected July 2024. We'll be deploying our smart contracts on Arbitrum, initially using the team’s funds. Think of it as a game of "refine, optimize, and perfect." This approach ensures we leave no stone unturned, thoroughly examining assumptions, edge cases, and failsafes. With Hypernative in our corner, we'll react to anomalies automatically, predicting hacks before they happen and serving as the last line of defense. Custom agents will be on 24/7 surveillance, ensuring continuous protection of user funds. This rigorous phase will prove the robustness of our security design.
But it's not just about security; it's about performance. This phase allows us to confirm that the AI Archimedes v2.0 operates as expected. While extensive offchain training is essential, seeing him in action in a live environment is vital to ensure he operates as intended.
For those eager for early access and a chance to be part of this exciting journey, we encourage you to join the testnet - Your feedback is invaluable to us.
Join our Discord community for more information and to stay in the loop.
Production Phase
As we meticulously perfect every detail, we'll transition from Beta to Production. This step won't be rushed; thorough testing in a live environment is essential before we open the gates to public funds. Once we’re satisfied with the results, we’ll gradually increase the maximum cap of the vaults. We’ll start with $250k, then move to $500k, $1M, and $2M, progressively scaling up before allowing uncapped. This careful approach mitigates risks and allows Archimedes to adapt, ensuring it meets all diversification and risk management goals.
But wait, there’s more! We’ve integrated external data sources like social media sentiment, interest rates, and economic indicators to give our models the context they need to thrive. Before the big launch, we’ll share a detailed breakdown of the challenges we faced, the new data integration, feature experimentation, ML techniques, model refinement, and our approach to constructing and optimizing the portfolio to balance risk and return – don’t miss it! With the flexibility of our design, we can fine-tune our AI for similar GMX clones on other blockchains and scale at lightning speed. Ooga Booga.
This significant milestone will be bolstered by an incentive program built upon Relics, rewarding our community for their support.
Post-production Phase
Let’s talk about Relics – our secret sauce for promoting long-term liquidity from day one. Think of them as rewards that grow the longer you hold onto them. These maturity-based incentives are designed to reward patience and commitment. The longer you keep your Theseus deposit, the more incentives you rack up – up to a cap, of course. If you decide to cash out early, you forfeit any extra boost. The incentives will include xMOZ and will run for 18 weeks (subject to confirmation). Curious for more details? Check out Digit.xyz for the full scoop on Relics.
But that's not all! Relics will work hand-in-hand with our interactive leaderboard. Think of it as a friendly competition where users earn points throughout the Mozaic ecosystem, later redeemable for tangible benefits. For example, earn points based on the time and amount of liquidity you have in the Theseus vault, with a boost for owning an Hoplite NFT. This is just the beginning of our incentivized liquidity program, laying the groundwork for even more exciting features within the Mozaic ecosystem.
A New DApp Rework
We’re giving our DApp a fresh makeover to match the sleek branding of our landing page, all while making the user experience as smooth as possible. This includes Account Abstraction, bringing back the much-loved cross-chain zaps—currently in the works—and a User Portfolio Tracking and Analytics Hub right on the DApp. We know how important it is for users to track their performance, so we’re making it easy and efficient with these new tools.
With these features in place, consider this the foundation of Mozaic 2.0 – an omnichain AI-FI protocol ready to branch out to new chains with force. We’re already in talks with two new chains that are eager to welcome our technology, and both integrations are expected to happen this year. We plan to allocate some POL to one of these chains in return for incentives that will further enrich MOZ holders and boost yield and liquidity in our AMM. To make this happen, we’ll be using Stargate for our bridging service. Our mission is to have MOZ readily accessible on all major chains, made possible with LayerZero. This is one of our current focuses and will pair with the new planned CEX listing currently in talks.
So there you have it. The path is clear for a new beginning and an upward trajectory. From the bottom of our hearts at Mozaic, we extend our deepest gratitude to our incredible partners at GMX, LayerZero, and Google, and most importantly, to our dedicated community for standing by us during this rebuild. Your unwavering support has been our driving force.
Just as we pioneered AI-FI, we will continue to innovate and lead the way. We are committed to making AI-FI the gold standard in DeFi, and we invite you to join us on this journey. Together, we will achieve greatness.
Keep an eye out for our upcoming "All Things Security" blog, which will dive into all the questions you are burning to ask.
Learn more by following us on Twitter, Telegram, or Discord. Stay tuned for more updates and exciting developments!