The Success of the Sui Bridge Incentive Program 🌉
In June, the Sui Bridge incentive program launched, inviting you to test the Sui Bridge Testnet implementation by transferring assets between Ethereum Sepolia and Sui. Over 184,000 transactions were successfully completed, aiding in bug identification, feature enhancement, and overall user experience improvement, as reported by The Sui Blog.
Key Performance Metrics 📊
- Transaction Stats:
- Total transactions: 184,000+
- Inbound transactions: 127,000+
- Outbound transactions: 57,000+
- Participation Data:
- Validators participated: 66
- Unique SUI addresses: 10,000+
- Unique ETH addresses: 24,000+
- Bugs reported: 100+
- Feedback submissions: 1,100+
- Incentive Numbers:
- Bridge activity via Sui Bridge frontend
- SUI addresses viewed on frontend: 9,896
- SUI addresses qualified for rewards: 6,577
- Discord feedback
- SUI addresses eligible for rewards: 1,096
- Total rewards distributed: 98,669 SUI
- Bridge activity via Sui Bridge frontend
Focus Areas of the Program 🔍
During the initiative, the following key areas were emphasized:
- Functionality: Emphasizing smooth and dependable transaction processing
- Stress Testing: Assessing performance under high transaction volumes
- Security Measures: Testing for vulnerabilities to ensure top-notch security
- Usability Improvements: Collecting user feedback to enhance interface design
- Governance Checks: Conducting governance drills with validators for proper bridge configuration execution
Insights and Lessons Learned 🧠
Valuable feedback and data from the community have been pivotal in refining Sui Bridge. Identified bugs like zero amount bridging, frontend performance issues, and interface enhancements have been resolved with insights from testers. Improved frontend performance has been achieved by employing a customized indexer to serve data based on community feedback.
The higher gas cost of bridging assets back to Ethereum due to multiple signature verifications is being addressed to reduce costs in upcoming Sui Bridge versions.
Future of Sui Bridge 🚀
Anticipate the Mainnet launch of Sui Bridge as a significant development. This launch will introduce a secure, cost-effective native bridge to Sui, enabling smooth asset transfers between Sui and Ethereum. Plans include continual Sui Bridge development, asset expansion, and integration with other chains. Your active community involvement will play a vital role in enhancing Sui Bridge. Stay updated on community initiatives as Sui Bridge progresses toward wider adoption.
Hot Take 🔥
Get ready to witness the evolution of Sui Bridge: an innovative integration that promises seamless asset transfers between different platforms, all thanks to your valuable input and engagement in the community. The future of Sui Bridge looks promising, and your continued participation will shape its success. Exciting updates and developments lie ahead, so stay engaged and be part of this transformative journey!
By
By
By
