In the past few weeks, we made an update to the BRZ contracts on the Polygon and Ethereum networks, implementing BRZ token versi

25 Jul 2023, 13:34

📢 In the past few weeks, we made an update to the BRZ contracts on the Polygon and Ethereum networks, implementing BRZ token version 2! Key improvements in the new version of BRZ: 1. Transition to Proxy Contract: Enables updates to the contract code without deploying a new token, preserves the contract address even after updates, and makes contract deployments more efficient. 2. Change to Multisig for Minting: Provides greater security against losses or theft of private keys, shared governance to prevent unilateral actions, and prevents risks associated with a single wallet controlling the creation of new tokens. 3. Minting exclusively for a specific treasury address: Centralizes control over the creation of new tokens, increases transparency in the process, and implements a strategy for the utilization of the created tokens. 4. Change from 4 to 18 decimal places: Enhances compatibility with other contracts, services, and DApps, offering improved transaction precision and flexibility in adjusting the token price. 5. Compliance with global regulations: Provides accessibility and broad acceptance, reduces legal risks, and expands listing options on international exchanges. From now on, the new version of BRZ will be available for exchange on Transfero's services, including our app and crypto platform. Additionally, we will soon launch a DApp that will allow users to exchange directly from their Metamask wallet. New Contracts:Ethereum: 0x01d33FD36ec67c6Ada32cf36b31e88EE190B1839 Polygon: 0x4eD141110F6EeeAbA9A1df36d8c26f684d2475Dc These updates strengthen the security, governance, and reliability of BRZ, providing an even more comprehensive experience for our community. We are excited about the improvements and hope you are too!