Penumbra Community Call Notes - January 8, 2025

:loudspeaker: Community Call #7 Summary - January 8, 2025

Hello everyone!

For more details or to catch up on what you missed, feel free to check the recording. We thank you all for your continued support, Penumbrans!

We just wrapped up an engaging community call filled with exciting updates and discussions about our future at Penumbra. Thank you to everyone who joined our first community call of the year! Here are the exciting updates shared:

:iphone: Prax Wallet Mobile App Preview

  • First look at the Prax wallet mobile app prototype
  • Significantly faster proof generation (1.5-2 seconds)
  • Focus in development on creating a seamless private payment experience
  • In early development stage with promising performance metrics

:bar_chart: Trading Interface Development

  • Preview of the new DEX interface with advanced routing capabilities
  • Comprehensive portfolio tracking and position management
  • Demonstration of Penumbra’s unique market structure enabling efficient liquidity utilization
  • Real example shared of a position being used in 11,000+ trades

:busts_in_silhouette: Team & Community

  • We celebrated our growing participation, especially around new community-driven activities in Discord like the recent Void games. Don’t miss any upcoming events!
  • Welcome to Penumbra Lab’s new Technical Product Lead, Gar Walsh (ZKPM)
  • Significant improvement in platform stability with reduced support tickets
  • Continued focus on community-driven development and feedback- share your thoughts!

The team emphasized Penumbra’s unique approach to DeFi, highlighting how the protocol’s architecture enables efficient liquidity utilization and improved user experience. The development focus remains on creating intuitive interfaces while maintaining the protocol’s privacy features. Exciting developments are on the horizon, stay tuned for more updates as we continue to build together!

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