Defi Orca

Last 2 weeks have been huge for us, stepping closer to mainnet - tiered consensus: backup and active set for more robust network participants - snapshots and chunking: bringing fast catchup to the network and state saving - Matching engine performance improvements - liquidation vault as a function of the exchange - frost based withdrawal and deposits for the mainnet network Next few things we are working on - new order types; scale, twap etc - audit for the program in process - validator rewards - vaults - BIP 1 A product maturation cycle is always a slow process and audits slow a product down taking up huge timelines with little to no movement As we mature the security matures with it - we have seen this with Hyperliquid too from 3/5 multisig bridge to network native circle mint Bulk today is also secured by same setup - any new upgrades to the program go through a time lock and can be tracked publicly All user funds have their own individual accounting pda, trusting the security Solana offers and secures billions of dollars today. All fud is fuel - we will do better to educate users in the mean time Tick by tick!