Transformation SPE Release Notes

Updates
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Release notes are a way to share work being completed by the Transformation SPE and it’s various contributors. Dive in and explore what has been happening and please reach out or reply with any questions and we will happily expand further.

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October - Status Update

The Transformation SPE has been established and is already advancing towards the completion of key deliverables, including proposals around capital management, Devconnect builder activations, and further alignment around coordinating development activity.

November will be a major month for seeing a lot of this work become visible.

Capital Workstream

Deliverable

  • Establish Capital Markets Working Group by identifying contributors to three core projects

    • Inflation - Move forward on exploring inflation with Andrew from Shtuka.

    • Liquidity - Identified a liquidity partner to alleviate current UX issues on-chain, and a pre-proposal will be shared this week.

    • Active Capital Management - Capitalizing the Transformation SPE and exploring potential strategies with Caladan.

Builders Workstream

Deliverable

Development Workstream

Deliverable

  • Create a New Core Contributor Coordination Function & Hub

    • Mehrdad Sadeghi hired as Ecosystem PM to own coordination and accountability.

    • Coordination meeting structure defined and ready to launch.

    • Conducted community research on the coordination function.

    • Ecosystem-wide roadmap plan defined.

  • Make a Proposal for Protocol Development SPE

    • First proposal draft under review.

    • RFP ready for Protocol Engineering and Security Partner.

  • Make Critical Explorer Improvements (via RFP)

    • Explorer maintenance RFP completed successfully.

    • Code audit completed by RaidGuild, and execution roadmap signed off.

  • Steward Payments Clearinghouse Roadmap & Prototype With Local SDK

    • Project has been kicked off, and resources allocated.

    • Smaller go-livepeer changes being merged.

    • Draft pull request ready for the GetOrchestratorInfo endpoint needed for remote signer.

Up Next

  • Devconnect Builder Activation in Buenos Aires, Argentina. Register Here!

  • Finalizing the microgrants program with ten product ideas scoped.

  • Progressing towards possible liquidity and inflation proposals by late November.

  • Visual Ecosystem Opportunity Roadmap, a precursor to the contributor hub.

Budget

The Transformation SPE is currently being capitalized to cover incurred expenses. Due to the change in LPT price from the time of the proposal, we have made adjustments to stay within budget (deliverables are unaffected). We will provide a full accounting in the next update.

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November - Status update

The Transformation SPE is actively towards completion of key deliverables, including two proposals around capital management, two builder activations, and further alignment around coordinating development activity.

November was a major month, let’s dive into what happened.

Release Notes

Capital Workstream

Deliverable

Builders Workstream

Deliverable

  • Launch New Livepeer Builders Knowledge Hub

    • Website information architecture and documentation content are now confirmed. Follow docs progress here and checkout our work in progress

  • Builder Activation: Devconnect Buenos Aires

    • Multiple collaboration opportunities have been identified with partners such as Arweave, Story Protocol, Lambda Class and others, and are currently being explored.
    • A curated list of builders we met in Buenos Aires is now being retargeted by our Builders Lead to onboard new use cases to the network.
    • The AI x Open Media Forum break out sessions delivered strong outcomes and directions from the ecosystem peers. Highlights are available here:

  • Builder Activation: Encode London

Development Workstream

Deliverable

  • Create a New Core Contributor Coordination Function & Hub
    • Ecosystem wide PM is in the process of meeting with key contributors and gathering requirements from design partners to draft the opportunities. Check the work in progress for opportunities roadmap here
  • Make Critical Explorer Improvements (via RFP)
  • Steward Payments Clearinghouse Roadmap & Prototype With Local SDK
    • Initial work to simplify the payment processor is complete.
    • The team is now implementing the remaining go-livepeer changes, including remote signer endpoints on the orchestrator and the LivePaymentSender on the gateway.
    • Draft of the technical specification for the first local SDKs for the new signer is set to begin once remaining implementation is completed.

Up Next

  • Capital Management Proposal.
  • Finalize Visual Ecosystem Opportunity Roadmap and feature request platform.
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December - Status update

December focused on steady progress across capital, builder, and development workstreams.

Work continued on capital proposals, documentation improvements, roadmap coordination, and core infrastructure delivery, with several initiatives moving into position for next phases.

Release Notes

Capital Workstream

Deliverable

Capital Markets Working Group is progressing towards three proposals:

  • Treasury Reward Cut
  • Liquidity
    • Proposal to improve Dex liquidity was delayed to allow sequencing of Treasury Reward Cut proposal first. Continuing to clarify questions as needed.
  • Inflation
    • No releases in December

Builders Workstream

Deliverable

  • Improve builder onboarding
    • Docs have been significantly restructured to improve onboarding, clarity, and long-term maintainability, with more automation and cleaner separation between guides and reference docs. For more details check the latest update here
  • Builder activation
    • No releases in December

Development Workstream

Deliverable

Up Next

  • Capital markets proposals
  • Protocol SPE proposal
  • Explorer milestone three
  • Partnerships and microgrants
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