After yesterday's situation, we realised that the project needed some serious changes and made some decisions to restructure the internals of JVault:

⭐️Now even small updates will be subject to multi-stage control by all the staff developers
⭐️Audits and public testing will become mandatory for all major releases
⭐️A Bug Bounty programme will be launched with rewards of up to $2000 for each vulnerability found
⭐️From now on, all JVault revenue will be allocated to the $JVT token, which will be burned until 100k $JVT is redeemed

To stabilise the development of the project we continue to work on updates. On the 20th of August we will relaunch the fully updated JVT staking with v2 index.

P.S. It is important to note that the issues described above are not related to the smart contract code. The audits we passed previously remain valid and all of our services continue to operate as standard.

Regards,
JVault Team⭐️

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