To the Klever Community,
Here is the latest update on our continued action plan and network security enhancements.
1. v1.7.19-rc4 Deployment & Continuous Monitoring
As a direct result of our active monitoring efforts and AI-assisted exploit detection, we released version v1.7.19-rc4 this morning.
Our community validators immediately began upgrading their nodes. We want to take a moment to acknowledge this incredible display of agility, commitment, and engagement from our validator network.
Please note that our inspection and threat-detection work is continuous. We are keeping a strict watch on the network, and additional release candidate (RC) versions may be deployed as needed before we finalize the ultimate mainnet release.
2. Unregistered KLV Burn
We have successfully completed the development of the on-chain proposal procedure designed to safely burn the “unregistered” KLV.
We are now initiating the rigorous testing phase for this mechanism. Once all tests are validated, we will launch the proposal at the most opportune moment. As promised, this entire execution will be fully transparent, public, and verifiable on-chain.
3. Buyback Program
We are continuing to meticulously study the market dynamics to determine the most effective strategy for executing the Buyback Program. We will have concrete news to share on this front very soon.
Thank you for your continued trust and for standing alongside us. We will be back with more updates as soon as there are new developments to report.
Best,
Duka
