Transformation SPE Release Notes

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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