Watch the Live recording on Youtube
Key Updates and Insights
Protocol Updates and Development
The call opened with an overview of Penumbra’s latest developments, focusing on improvements to its trading interface, Veil. The team has been working on user experience enhancements, including:
- Better portfolio management tools for the Veil DEX.
- A new block explorer (Noctis) for transaction verification.
- Insights dashboard improvements to provide clearer network growth metrics.
These updates are aimed at making Penumbra more accessible for both users and developers.
Liquidity Tournament Announcement
The upcoming Liquidity Tournament was introduced as a key initiative to encourage engagement. While full details will be released soon, participants can expect:
- A staking-based game integrated with Veil.
- Opportunities to earn rewards while contributing to network security.
- A focus on strategic liquidity provision within Penumbra.
Community Engagement and Feedback
User feedback remains a driving force behind Penumbra’s development. The team emphasized:
- Direct community involvement in product refinements- feedback on any part of your user experience is always welcome in #feedback channel in Discord, and please let us know if you’d like to join the beta testing program by reaching out there as well.
- Plans to improve developer onboarding with a more streamlined Penumbra SDK.
Expanding Partnerships and Ecosystem Growth
The discussion also highlighted Penumbra’s growing connections across the IBC ecosystem, including:
- Stride, Axelar, (Ethereum) asset integrations are expanding usability.
- Continue to build stronger ties with privacy-focused protocols like Namada.
- Future plans to host regional hackathons in Latin America, Southeast Asia, and Africa to engage a broader developer community.
- New validators are encouraged to join and run on the Penumbra network- the barrier to entry is low at just 100 $UM minimum validator stake! 43 validator slots are available
Community Next Steps
- Join Discord for ongoing discussions and updates!
- Stay tuned in future community calls for upcoming demos and ecosystem announcements!
- Be prepared- Liquidity Tournament is coming.
- Request your ideal product features and keep your feedback coming in Discord #feedback channel- and join the beta testers!
soon as i can catch my breath, i’d love to ideate around how interchain PGF alliances could form, if that’s of interest.