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Proposal #63

Collaboration with CryptoCrew for guaranteed Relayer SLAs

PassedCommunity Pool Spend

Passed on 26 Dec 2023 with 73.5% of the votes for yes.

Yes

73.5%

94.1% without abstain

Veto

0.0%

of votes cast

Ended

26 Dec 2023

Asked

63.6K

XPRT

The ballotvotes cast · final tally
Yes

73.51%

of votes cast

Abstain

21.92%

of votes cast

No

4.57%

of votes cast

Veto

0.00%

of votes cast

Summary

CryptoCrew is proposing to guarantee IBC Relayer Service Level Agreements for major IBC channels on Persistence. This XPRT community spend proposal has been drafted with the objective of enhancing the reliability and performance of relevant ICA (InterChain Accounts) and IBC-transfer channels for a period of 3 months, as they are a crucial part of the core functionality of the pSTAKE and Dexter product suites.

Proposal

Following [Hidden link], the proposed term of the service mandate is 3 months, starting 1st January 2024. It has been voiced that the Persistence community strives to establish an Infrastructure Operations DAO, capable of overseeing service contracts with various providers in the long term.

Until such a DAO is formed, CryptoCrew proposes to deploy their efficient and reliable Relayer systems to secure enhanced throughput and service quality on major Persistence IBC channels in the interim.

Scope of service:

  • IBC relaying for 6 chains (incl. Transfers & ICA): Channels may vary, but starting with CosmosHub, Osmosis, dYdX, Noble, Kava, and Neutron

SLAs offered:

  • Uptime: 99% (within the last 30 days)
  • Alert Response: Within 30min for pagerduty alerts
  • Incident management: 24/7 incident response team
  • Redeployment readiness: At any given day

Funding request amount calculation 2023/12/21:

Amount in USD17,400
XPRT 30d-TWAP (close)0.3009 USD
Amount in XPRT57,826.52 XPRT
10% safety margin*5,782.65 XPRT*
Total funding request63,609.17 XPRT

*any unused safety margin amount will be refunded.

Proposal Details on IPFS: [Hidden link]

Persistence Forum post: [Hidden link]

Voting

  • By voting YES, you agree with the proposed community pool spend for the guaranteed Relayer SLAs with CryptoCrew.
  • By voting NO, you disagree with the proposed community pool spend for the guaranteed Relayer SLAs with CryptoCrew.
  • By voting NO WITH VETO, you think this is a SPAM proposal or harmful in any way, and the proposal's creator should lose their deposit.
  • By voting ABSTAIN, you choose not to participate in this proposal's voting; however, you contribute to the quorum.

Timeline

  1. Submitted21 Dec 2023
  2. Voting started21 Dec 2023
  3. Voting ended26 Dec 2023
  4. Deposit deadline22 Dec 2023

Proposer

Address
persiste…aytqk6
Deposit3.5K

Rules

Not recorded for this proposal.