@mega_tao Nice. As long-time, active participants in the Bittensor ecosystem, we’re encouraged to see infrastructure emerging that enhances capital efficiency and supports the long-term growth of subnets. We’re actively testing the product and providing feedback to the team.
.@namada proposal #20 - signalling support for @wormhole as the first new major bridge integration - has passed with excellent turnout and over 92% in favor. Community-led governance ftw! Thanks to @veildev for proposing.
Link below 👇
there's a governance proposal up to expand @namada's set of tokens 🎉 includes $UM $NYM $NTRN & @noble_xyz $USDC
https://t.co/N2L681bgqF 👀
assuming it passes, deposits will open Wed May 7. huge thx to @veildev 🙌
oh & we've got metrics for you here: https://t.co/pDCqC3Sq0M
🔁 it's not in Namadillo yet, but *technically* Namada-shielded Osmosis swaps will work (still complicated to do, tho)
⚠️ remember, the shielded pool will need to grow before Namada provides meaningful, peer-to-peer privacy
🏎️ Phase 4 should accelerate this, @veildev is ready
As Phase 2 is coming to a close, we'd like to open up the discussion for the governance proposal to transition to Phase 3 of the mainnet activation.
This proposal looks to enable transparent and shielded transfers for governance-enabled IBC assets, establish gas costs for
non-native assets, and set initial rate and mint limits for each asset. Selecting the right set of assets, alongside these foundational initial parameters, is important to not only ensuring a smooth launch, but also robust user participation.
it's TIME
https://t.co/JYTkvm1q6D
thanks to the @namada teams at @heliaxdev, @_luminara, @vKnowable, Veil, @0xTuDudes, and many more, for collaborating to make this network a reality!
p.s. what a fortuitous day to announce - thank you, fifth circuit!
- The Liquidity Task Force (now Volume Task Force) proposal by @veildev is getting fine tuned regarding incentives and scope.
- @LucidLabsFi presented a proposal to introduce their Multi-Bridge to expand cross-chain asset transfer capabilities.
https://t.co/L5rnArnrLQ
🧵3/4
Magma is excited to announce a $3.9M seed fundraise to build out MEV-powered Liquid Staking on @monad_xyz. For more than a year we’ve been native to the Monad ecosystem, building the community oriented liquid staking protocol.
We've published our framework for a data-driven approach to asset selection, incentive mechanisms, and privacy considerations re MASP to the @namada community.
https://t.co/3Wy3DykVJE
Everclear, the first Clearing Layer, is now live on mainnet beta. ✨
By coordinating the global settlement of liquidity between chains, Everclear dramatically reduces rebalancing costs for solvers & other actors in the space to power scalable Chain Abstraction.
Learn more 👇