LEO's standalone second layer is already in testnet. If an attack would've happened on LEO through Hive-Engine's incompetence, we would have accelerated our release of LEO's standalone layer.
Regardless, hopefully HE stays alive long enough for us to properly stress test and build out our second layer. We're likely to launch it into public testnet soon and will quickly move from there to production once several audits occur.
Once this happens, LEO will be securely stored on a second layer. The operations will be handled by more than a dozen nodes who confirm side chain blocks solely dedicated to LeoFinance operations.
This is bullish for us for a number of reasons but more importantly, it removes the risk that HE poses to all of us.
Posted Using LeoFinance