Penumbra Ecosystem Update: Key Highlights from Our Recent Call #8
Hello Penumbra community!
We’re thrilled to share some exciting updates from our latest call. Here’s a detailed breakdown of the key topics discussed:
Grants Program: Fueling Innovation in the Penumbra Ecosystem
We’re proud to launch the Penumbra ecosystem grants program, a significant step toward fostering innovation and growth. Here’s what you need to know:
- Total Funding: The program offers $10,000 USD in tokens to support software development and ecosystem-benefit programming.
- Eligibility: Open to developers, researchers, and contributors with ideas that can enhance the Penumbra ecosystem.
- Purpose: Support experimental, exploratory, or early-stage projects that could lead to long-term benefits for the ecosystem.
Radiant Commons, a key component of the Penumbra ecosystem, is on the lookout for creative and impactful contributions:
- Educational Resources: We’re seeking content that explains the unique features and benefits of Penumbra, catering to both newcomers and seasoned users.
- Marketing Campaigns: Proposals for campaigns that raise awareness about Penumbra’s innovative technology and its real-world applications are welcome.
If you have a project or an idea that aligns with Penumbra’s mission, we encourage you to apply! Additionally, here are some ideal projects or tools that has practical use cases:
- Token Factory: A new tool to streamline asset issuance within the Penumbra ecosystem, enabling users and developers to create and manage assets with ease.
- Storage Pruning: This initiative focuses on optimizing full-node operations by reducing the storage requirements, making it easier to run a full node without compromising functionality.
- Tax Reporting Software: Simplifying tax compliance for both users and developers by providing tools to accurately calculate and report taxable events within the Penumbra ecosystem.
These projects aims to delivering practical solutions for the community needs and advancing the Penumbra network’s capabilities.
DEX Explorer Alpha Build
We’re excited to announce the Alpha release of the DEX Explorer, now available for testing at dex.penumbra.zone/explore.
- What is the DEX Explorer?: A powerful tool designed to provide users with insights into decentralized exchange (DEX) activities within the Penumbra ecosystem.
This release focuses on core functional flows such as:
- Exploring the public chain state
- Performing core DEX actions like market orders, or opening liquidity positions
The release also includes a range liquidity tool that allow users to LP passively on a specific range.
For the purpose of beta testing, it would be useful to:
- Record interface bugs or data rendering that seems to not make sense
- Test the various flows listed below and report on the experience
- Play with the range liquidity tool and take note of anything that generates confusion or apprehension about using it
User Flows to test:
- View trading pairs
- Observe the public state of each pair: price, volume, liquidity (route book), recent trades
- Place a limit order
- Place a market order
- Use the range liquidity tool to open multiple positions
- View open positions
- Close a single position
- Close a batch of positions
- Withdraw an auto-closed position
- Withdraw a manually closed position
Take a moment to explore the Alpha build and help us improve by sharing your experience on Discord’s Feedback channel. Your input is invaluable in refining the interface and ensuring it meets user needs.
Applications for Grants: Deadline Approaching
If you’re inspired to contribute to the growth and success of the Penumbra ecosystem, now is the time to act! Here’s what you need to know about the application process:
- Deadline: Applications for the grants program are due by January 31st.
- How to Apply: Visit our grants application page to submit your proposal.
- Selection Criteria: We’re looking for projects that align with Penumbra’s goals, demonstrate technical feasibility, and have the potential for meaningful impact.
Don’t miss this opportunity to bring your ideas to life and become an integral part of Penumbra’s journey.
Thank you for being part of the Penumbra community and for your continued support as we innovate and grow. If you have any questions or ideas, feel free to share them here or reach out on Discord. Together, we’re shaping the future of private, secure, and innovative blockchain technology.