Building a Solid Foundation: BSC Contract Upgrade Empowers NETX Mainnet Development

Dear Trias Community,

First and foremost, we would like to express our deepest gratitude for the immense interest and support you have shown towards the NetX ecosystem!

Following the release of the TRIAS BSC Contract Upgrade Teaser on June 29th, we have received a lot of valuable feedback from the community. Today, we will delve into the profound impact of this BSC contract upgrade on the future development of the NETX mainnet. We hope that the following content will help you gain a deeper understanding of the importance of this upgrade.

This BSC contract upgrade significantly enhances technical performance, making it more seamlessly compatible with the NETX mainnet. Key optimizations in the latest TRIAS BSC contract include:

• Support ERC20Permit: This contract inherits from the ERC20Permit standard, which can improve the user experience and reduce the user’s operating costs.
• Cancel Permit function: The contract adds a “cancelPermit()” function, which allows users to revoke previously signed permit authorizations. This increases user control over their assets and improves security.
• Nonce event recording: The contract emits a NonceUsed event in the “cancelPermit()” function, which records the usage of Nonce. This helps to track and audit the history of user permit usage, enhancing the transparency of the contract.
• More robust maintenance: The initial minting of token does not cause inflation due to the constant total supply of tokens, which is conducive to maintaining the stability of the value of the tokens.

Please rest assured that the team is well prepared. The audit report from the third-party specialist — Certik has confirmed the integrity and security of the new contract. At the same time, we have completed the replacement plan for the new and old contracts. All of this ensures that we can successfully go through this upgrade with Trias community members.

In order to ensure that you are the first to know the latest news about the contract replacement, we have further communicated with our partner exchanges about the contract replacement procedures and detailed processes.

It is expected that an official announcement will be released in the next 1–2 weeks. The Trias team will also share this information with the ecological community as soon as possible. Please rest assured that you will never miss any important news.

Here, we would also like to make it clear that the upgrade is to promote multi-chain interoperability. This upgrade will start from the BSC chain, and users of other chain ecosystems will be gradually pushed forward according to the development.

Why not directly airdrop the new version of BSC tokens to be manually replaced:

We understand that some users have expressed doubts about why we do not directly airdrop the new version of tokens to their wallets. Our main concern is to avoid confusion and potential problems caused by the existence of both old and new versions of tokens in market circulation. If airdropped directly, users may inadvertently continue to use the old version of tokens, and exchanges may not be fully prepared to support the conversion and removal of old contract tokens. This could lead to serious complexity and affect the smooth operation of the project. By requiring users to manually access a specific webpage to perform a 1:1 token swap, we can ensure that the transition to the new token is clear and orderly, and maintain the integrity and stability of the network.

If you have already committed your BSC tokens to migration in phase 1, please sit back and relax; you’ll receive Mainnet TRIAS tokens on TEP-20 in due time. This upgrade is specifically for those who are still holding BSC TRIAS tokens that haven’t been migrated and are waiting for the next phase of migration.

Our top priority this year is to promote the landing of the NETX ecosystem and successfully issue our self-developed NETX mainnet. Just as the construction of a solid foundation is crucial for a magnificent skyscraper, the NETX ecosystem is that skyscraper, and the BSC contract upgrade is that solid foundation. Let’s work together to create a better future!

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