July 10, 2024
The next put up incorporates a recap of stories, initiatives, and necessary updates from the Spartan Council, Core Contributors, and Ambassador Council from final week.
👉TLDR
- Multi-collateral perps margin: On take a look at internet and in audit. CCs are working with integrators to iron out timelines and determine how it is going to be integrated within the Arbitrum launch.
- Degenthetix: Work is in progress, may very well be launched on Base within the subsequent 2 weeks. Launch plan: separate UI/URL for customers to commerce these new listings & Kwenta is prioritizing a extra elegant answer.
- L1 migration: Ought to obtain inexperienced mild from auditors this week.
- L1 perps: Within the course of of getting its audit suggestions processed.
- Arbitrum: Scaling up properly with engaging rewards which might be being distributed!
- SIP-2057: Dynamic Fuel Charge Module — Fjord
- SIP-397: Transaction Prices based mostly Rewards — Perps V3 — Fjord
Spartan Council and SIP updates
Current on the July 3, 2024 Spartan Council Weekly Challenge Sync:
Spartan Council: Cavalier, cyberduck, Jackson, Millie, ml_sudo, Snax Frens, snxmaximalists
Core Contributors: Fred, Jade, Kaleb, Marcus, Matt, meb, noah, troy
Whereas a number of members of the Synthetix workforce are at EthCC in Brussels this week, we’ve received a fast replace for you guys! First up, multi-collateral perps margin is on take a look at internet now and in audit. The CCs are presently working with integrators to iron out timelines and determine how it is going to be integrated within the Arbitrum launch.
Work can be in progress for Degenthetix and may very well be launched a while within the subsequent 2 weeks on Base. Proper now, the launch plan is to have a totally separate UI/URL for customers to commerce these new listings. The Kwenta workforce may even be trying to prioritize a extra elegant answer after sources are freed up from the continuing effort to help the Arbitrum launch.
Subsequent, the L1 migration ought to obtain the inexperienced mild from auditors this week, and L1 perps is within the course of of getting its audit suggestions processed.
Lastly for work in progress updates, Arbitrum is scaling up properly with the engaging rewards which might be being distributed!
There have been additionally a few SIP displays final week, so let’s go over them:
SIP-2057: Dynamic Fuel Charge Module — Fjord
- Kaleb offered this SIP, which proposes including a brand new dynamic fuel price module to interchange the one presently carried out in SIP-2055
- This SIP is in response to Optimism’s Fjord improve, which goals to decrease transaction prices even additional
- The Fjord improve contains the RIP-7212 precompile, FastLZ fuel pricing, Brotli channel compression, and a number of other protocol parameter modifications and goes reside in the present day, July tenth
SIP-397: Transaction Prices based mostly Rewards — Perps V3 — Fjord
- This SIP proposes implementing a brand new fuel price logic, which is able to exchange the one presently in place underneath SIP-362
- Kaleb defined that that is one other change required to take care of compatibility following the Fjorde improve
Each of those SIPs are nonetheless in draft for now.
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SIP/SCCP standing tracker:
SIP-2057: Dynamic Fuel Charge Module — Fjord, Standing: draft
SIP-397: Transaction Prices based mostly Rewards — Perps V3 — Fjord, Standing: draft
