Current Phase and Commitments
Current Phase: Shadow Mainnet Testing
Multyr contracts are deployed on Arbitrum One. The system is currently in validation phase. Deposits are not open to the public. Behavior described on this page reflects the protocol's designed behavior; some mechanisms are active in shadow testing, others become active at public launch. See the Status page for details.
This page documents:
- the current operational phase of Multyr
- the commitments that apply at this phase
- the transitions to subsequent phases
Current phase
Shadow Mainnet Testing on Arbitrum One.
Contracts are deployed on Arbitrum mainnet. The system operates with controlled, non-public capital to validate behavior against real on-chain conditions (oracles, protocol integrations, gas, latency).
What this phase commits to
- Non-custodial design: vault shares at all times represent a proportional claim on vault assets
- On-chain transparency: all allocation decisions, rebalance executions, and parameter states are on-chain
- No discretionary override: allocation follows encoded logic
- No public deposits until external audits are completed and reviewed
What this phase does not commit to
- Final parameter values: loss caps, execution thresholds, and other tunables may be adjusted during validation
- Final strategy set: strategies enabled in shadow testing may not all be live at public launch
- Performance metrics: no yield numbers are published for this phase, as they are not representative of public-launch conditions
Phase roadmap
| Phase | Name | Status | Target |
|---|---|---|---|
| 0 | Contracts deployed on Arbitrum | ✅ Complete | — |
| 1 | Shadow Mainnet Testing | ⏳ In progress | Ongoing |
| 2 | MTRY / preMTRY audit engagement | ⏳ In progress / Pending final report | Q3 2026 |
| 3 | Core & Strategy audit engagement | ⏳ Pending | Q3 2026 |
| 4 | preMTRY Presale | ⏳ Pending | Q4 2026 |
| 5 | Core & Strategy audit execution and remediation | ⏳ Pending | Q4 2026 |
| 6 | Guarded Launch / Beta Access | ⏳ Pending | Q4 2026 |
| 7 | Public Launch — whitelist → open | ⏳ Pending | Q4 2026 / Q1 2027 |
| 8 | Token Generation Event (TGE) | ⏳ Pending | Q4 2026 / Q1 2027 |
| 9 | Parameter Freeze | 🔮 Future | Post-launch |
| 10 | Full Immutability | 🔮 Future | Future governance decision |
Transition criteria
Transition from Shadow Mainnet Testing to the next phase requires:
- successful completion of external audits
- remediation of audit findings, with public disclosure of scope and status
- bug bounty program live
- final Safety Reserve funding mechanism active
See Status page for the current position against these criteria.