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Telegram-канал hoprannouncements - HOPR Announcements

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The HOPR protocol provides network-level and metadata privacy for every type of data exchange, while introducing the first-ever open incentivized mixnet, where users earn tokens for running nodes. https://hoprnet.org/ Telegram Group: https://t.me/hoprnet

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HOPR Announcements

Staking Season 8 has begun and will run until 2pm CEST on September 9th. 🏁

1️⃣ Unstake from Season 7: Head to stake-s7.hoprnet.org
2️⃣ Stake in Season 8: Visit stake.hoprnet.org

The base APR remains at 1.25%, and the boost cap for NFT boosted stake remains at 250,000 HOPR tokens. NFTs from Seasons 6-8 are valid in Season 8. ✅

Season 8 will run for a truncated 45 days. Why? We’re excited to share more soon, but the eagle-eyed amongst you might have already spotted something new on the horizon… 🕵️

Network rewards continue as normal, but to continue running your node you must transfer your network registry NFT to the Season 8 staking contract, along with at least the minimum of 2,000 HOPR tokens (1,000 for AVADO and DappNode users).

The next network reward period starts right away, so make sure you restake as soon as possible if you want to keep earning from your node!

Read more here https://medium.com/hoprnet/staking-season-8-launches-a2aceb6815d3

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 This is a work in progress, and we’ll be sharing more exclusive alpha here on Telegram over the next weeks. BUT you could technically already check our GitHub for some alpha. 😉
https://twitter.com/hoprnet/status/1682042760411627520

🟡 A quick rundown on what our devs have been working on the last three weeks
https://twitter.com/hoprnet/status/1681680306057740288

🟡 Bear markets are for building and making frens. EthCC was fun! 🇫🇷
https://twitter.com/hoprnet/status/1680877132254261248
https://twitter.com/hoprnet/status/1681273078016253952

🟡 An easy guide to test RPCh and transact privately
https://twitter.com/lizhophardt/status/1681151617049980929

🟡 See for yourself what happens once you use RPCh
https://twitter.com/RPC_h_/status/1681680722866630656

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HOPR Announcements

It’s time for your tri-weekly DevUpdate! 🛠️

Let’s see what our devs have been up to the past three weeks.

🟡 Smart Contract Improvements 🟡

We start off with several bug fixes and improved test coverage for our existing smart contracts. 

This is in preparation for an upcoming audit and several new changes we’re introducing with our next major release.

github.com/hoprnet/hoprnet/pull/5211 
github.com/hoprnet/hoprnet/pull/5185 
github.com/hoprnet/hoprnet/pull/5176

🟡 Rust Migration 🟡

As always, the Rust Migration continues with:

1️⃣ Fixes underway for several deadlocks in the database migration
2️⃣ An ongoing migration of the libp2p component
3️⃣ An enhanced build system for wasm and native Rust

github.com/hoprnet/hoprnet/pull/5186 
github.com/hoprnet/hoprnet/pull/5216 
github.com/hoprnet/hoprnet/pull/5113
github.com/hoprnet/hoprnet/pull/5153
github.com/hoprnet/hoprnet/pull/5187

🟡 Curve Migration & Changes To core-ethereum 🟡

With some breaking changes around the corner, we’re now:

1️⃣ Switching the curve to Ed25519 for packet construction
2️⃣Changing core-ethereum to operate on Ethereum addresses rather than public keys

github.com/hoprnet/hoprnet/pull/5069
github.com/hoprnet/hoprnet/pull/5189/files

🟡 Staking Season 8 🟡

The transition to staking season 8 is now in the works

https://github.com/hoprnet/hoprnet/pull/5225

🟡 DevOps & Documentaion 🟡

And finally, we’ve:

1️⃣ Reorganized our GitHub workflows and fixed issues with the CI deployment process
2️⃣ Upgraded to Node v18, Rust v1.70 and wasm-pack v0.12.0
3️⃣ Added design documentation to the base system

github.com/hoprnet/hoprnet/pull/5219
github.com/hoprnet/hoprnet/pull/5184
github.com/hoprnet/hoprnet/pull/5222

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HOPR Announcements

It’s almost time for another staking season! 👀

Season 7 will end at 2pm CEST on July 26th and Season 8 will start immediately afterwards. We’ll have more info over the next week, but for now just note that the final network reward period will be shorter to accommodate.

👉 It will run for just one week with an adjusted reward pool of 75,000 HOPR tokens.

As always, check your current rewards and the network status at network.hoprnet.org

Stake at stake.hoprnet.org

Thanks to everyone for being part of the network and remember to join the waitlist if you’re not already running a node: https://docs.hoprnet.org/node/waitlist-FAQ

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HOPR Announcements

GM community!

Did someone say next major release?

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 Should you own your data?
https://twitter.com/hoprnet/status/1678419080510951427

🟡  83% of people globally agree that data privacy is important to them…
https://twitter.com/hoprnet/status/1678781288063586307

🟡  …but there are three major data privacy concerns
https://twitter.com/hoprnet/status/1679145678482862080

🟡  You might want to look into how you can take your funds completely offline
https://twitter.com/RPC_h_/status/1679507135875391488

🟡 Payments are due for web3
https://twitter.com/hoprnet/status/1679838156676538368

🟡 A deep-dive on privacy & @graphprotocol with our @SCBuergel
https://twitter.com/grt_iq/status/1679882594870267906

🟡 We’re closing in on our next major release, here’s a sneak peak, more to be seen exclusively here on TG within the next week!
https://twitter.com/hoprnet/status/1680229506588483584

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 Our DevUpdate was fully packed with an ongoing massive cleanse to a new staging environment, an upcoming curve migration and more. 🔥
https://twitter.com/hoprnet/status/1673696057635504128

🟡 We’re thrilled that people like Vitalik Buterin are slowly but surely realizing the importance of privacy in web3!
https://twitter.com/hoprnet/status/1673707765695406080

🟡 We’ve made history! We created the first company with its starting capital entirely held on Gnosis Chain in $HOPR!
https://twitter.com/hoprnet/status/1674028152610254848

🟡 Our talented Q, held an educational workshop for the talented HOPR team. Together, they developed and deployed a subgraph for HOPR's staking program, bridging the gap between theory and practice.
https://twitter.com/QYuQianchen/status/1674673054314790912

🟡 Stealth addresses will not be enough for true data privacy.
https://twitter.com/RPC_h_/status/1674070154085560320

🟡 Expanding the space cannot come at the cost of more centralized servers!
https://twitter.com/RPC_h_/status/1674432537350004736

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HOPR Announcements

The RPCh Dapplist voter HOPR Boost NFTs have been distributed.

Check your wallet now and make sure to stake it on stake.hoprnet.org to boost the yield you get from staked HOPR tokens 💰

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HOPR Announcements

Another set of network rewards has been issued! A total of 150,000 HOPR tokens have been distributed among node runners based on their uptime over the previous two weeks. 🥳

Your earned HOPR tokens have been automatically staked on your corresponding staking address as xHOPR.

To view your newly staked tokens, please visit the staking UI at: stake.hoprnet.org

We’ve reset the network dashboard and the ping count for each node. This signifies the beginning of a new two-week distribution cycle and another chance to earn some $HOPR.💰😎

Contact us here if you have any questions. 👋

Want to join the node runner club and earn $HOPR? Read more here:
docs.hoprnet.org/node/waitlist-FAQ

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HOPR Announcements

We are absolutely thrilled that RPCh has made it into the top 10 most upvoted dApps listed on The Dapplist! 🔥🤩

A staggering total of 392 dedicated individuals have cast their votes in favor of RPCh. The support and enthusiasm of YOU is truly inspiring! 🚀💪

We will distribute the RPCh Dapplist voter HOPR Boost NFT next Monday. Don’t forget to fill out this form if you haven’t done so yet to receive the NFT: https://cryptpad.fr/form/#/2/form/view/xoNkedS4Mun19jU+EUl7gF2Eg0uz4M-5UMjSUzs4Df0/

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 After roughly 3 months into the trial of Automated Liquidity Managers, we checked in on the HOPR Arrakis vault. https://twitter.com/hoprnet/status/1668634335866683392

🟡 We hosted aTwitter Spaces with our frens from Dedaub talking about smart contract security. A summary is being posted later today @hoprnet on Twitter.
https://twitter.com/hoprnet/status/1668953222914908162

🟡 A week ago we asked you to vote for RPCh on the Dapplist and we’re beyond excited to have been listed thanks to you, the best community!
https://twitter.com/RPC_h_/status/1668272194642640897

🟡 What is better than one entry node? Multiple! Learn more about the RPCh SDK.
https://twitter.com/RPC_h_/status/1668996722272649216

🟡 Using a VPNs you still have to trust a centralized solution and by using a decentralized VPN the attack vector is multiplied because controlling all nodes would result in centralization.
https://twitter.com/RPC_h_/status/1669359117348249601

🟡 We published a new feature for RPCh making it more stable than ever
https://twitter.com/RPC_h_/status/1669721840040673282

🟡 We all know large centralized providers can easily harvest all our data and online activity BUT what would you say if soon, any node runner will be able to do the same?!
https://twitter.com/RPC_h_/status/1670083911915896835

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HOPR Announcements

Join Sebastian & Dedaub's co-founder, Neville, tomorrow as they discuss everything smart contract security 🔗

Join the Twitter Spaces here tomorrow at 6 PM CEST ⏰

https://twitter.com/i/spaces/1OdJrzWrYrlJX

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HOPR Announcements

The vote on Dapplist is now open! 🏁

1️⃣ Head over to thedapplist.com
2️⃣ Connect your wallet and earn XPs
3️⃣ Fill out your profile to get more XPs
4️⃣ Vote for RPCh with your XPs here thedapplist.com/curate?status=Active

To express our gratitude for your support, everyone who casts their vote for RPCh will be rewarded with a HOPR Boost NFT! 💰

Please fill out a form for rewards: https://cryptpad.fr/form/#/2/form/view/xoNkedS4Mun19jU+EUl7gF2Eg0uz4M-5UMjSUzs4Df0/

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HOPR Announcements

We’re thrilled to announce that our Monte Rosa release has been running stable for 32 weeks now with over 150 community-run nodes 🔥🤝

Now that the network is consistently stable, it’s possible to resolve an outstanding governance decision from our second experiment: “Grants for Node Runners and HODLRs”

From the budget for that proposal, 13,500 DAI were ultimately allocated to the first 100 node runners, with a further 13,500 allocated to the next 300 from the waitlist

The original proposal is here: https://forum.hoprnet.org/t/proposal-6-grant-program-incentives-for-node-runners-hodlers/3269/2
The vote is here: https://snapshot.org/#/v02.hopr-dao.eth/proposal/QmWdfCthvR5XsgbbFBvRTQW9ePnjz85dVBsqQnUQ66Msay
Updates on implementation can be found here: https://medium.com/hoprnet/dao-fulfilment-update-e3b239aa6d6c

We’ll be aggregating the necessary data and beginning the distribution process soon

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 Our Sebastian was invited to Gnosis Builders’s podcast to discuss the privacy problem throughout all layers of the blockchain stack and more! 🔥
https://twitter.com/hoprnet/status/1664248530528096256

🟡 He was also featured in Beyond FOMO’s podcast, talking about what data and metadata like your IP address is collected by wallets and web3 platforms! 🤯
https://twitter.com/hoprnet/status/1664972073662394368

🟡 Where the dream HOPR community members at?!
https://twitter.com/hoprnet/status/1664209189550403587

🟡 Rik and Tibor will be speaking at the web3 privacy summit today at 3:20 pm CEST. Watch the live stream at https://watch.web3privacy.info
https://twitter.com/hoprnet/status/1665010452147912709

🟡 We took you on an educational journey to better understand why RPCh is not only a nice to have but a must.

👉 What is the EVM? 💻🌎
https://twitter.com/RPC_h_/status/1660665954198495234
👉 Do you speak Solidity, Bytecode and Opcode? 🤓
https://twitter.com/RPC_h_/status/1661386736495206400
👉 What is the cost of interacting with a blockchain? ⛽️
https://twitter.com/RPC_h_/status/1661755352592056325
👉 What is an RPC? 🧐
https://twitter.com/RPC_h_/status/1662111362879746048
👉 Do you know that every product you view, every button you click, and every page you browse is all tracked, time-logged and stamped with your IP address? 🚨
https://twitter.com/RPC_h_/status/1663206528126447619
👉 What goes on under the hood of your simple token swap? 🔎
https://twitter.com/RPC_h_/status/1663592356346462219
👉 What are smart contracts really? 📑
https://twitter.com/RPC_h_/status/1663923446596730881
👉 How do smart contracts work? 🛠️
https://twitter.com/RPC_h_/status/1664648100202393601

Share this tweet and help us spread awareness for RPCh 🤝

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 Our governance upgrades are gaining speed 🗳️

https://twitter.com/hoprnet/status/1661030661157982208

🟡 The network continues to grow, with another 150k $HOPR in network rewards distributed 💎

https://network.hoprnet.org

🟡 Meanwhile, HOPR’s European tour continues, meeting old and friends and new…

https://twitter.com/hoprnet/status/1661350168854159360

… and presenting HOPR and DERP on the big screen at SpaghettETH in Naples, Italy 🍕🇮🇹

https://twitter.com/hoprnet/status/1662473743267143681

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HOPR Announcements

Just two days left in Staking Season 7! ⏳

Staking Season 8 will begin at 14:00 CEST on 26th July and will run for 45 days, until September 9th.

Why the shorter season? Let’s just say we have something amazing scheduled for the last part of 2023… 🔥

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HOPR Announcements

As part of the second HOPR governance experiment, 27,000 DAI were allocated to HOPR node runners and HODLrs (13,500 DAI in each category). It’s now time to distribute those rewards! 🤑

👉 Read the original proposal: https://forum.hoprnet.org/t/proposal-6-grant-program-incentives-for-node-runners-hodlers/3269/3

👉 Find the update: https://medium.com/hoprnet/hopr-dao-fulfilment-34cea2b3d1b9

👉 The original vote can be seen: https://snapshot.org/#/v02.hopr-dao.eth/proposal/QmWdfCthvR5XsgbbFBvRTQW9ePnjz85dVBsqQnUQ66Msay

The first 100 node runners in the HOPR network are each eligible to receive 135 DAI. The rest will be split between the next 300 positions on the HOPR waitlist (at the time when the network reached 100 nodes).
We have used the data from https://hopr.network.org, the network registry smart contract and the network registry waitlist to compile a list of 400 addresses.

🔍 These addresses can be found here: https://docs.google.com/spreadsheets/d/1JHG5nTiBY_1TjTR2y2Zt2ahnvQZDix9YsMemWhcoFgw/edit#gid=0

To make sure we don’t send tokens to dead addresses, we’re asking everyone to sign with their wallets via Snapshot.

✍️ To claim your reward, head to this proposal: https://snapshot.org/#/v02.hopr-dao.eth/proposal/0xe3ae817a8ecee5ffb91ae1d2f8db9260f5fec1c744f3a96fdd4906439cc0966b

And verify that you still control the address by “voting”.

There is only one option, and only addresses on the list will be able to vote. Each has a vote power of 1.

The proposal will stay open for two weeks, after which we’ll distribute to all signers, so please be patient 😇

If there are any unclaimed rewards after two weeks, a new proposal will be created which will pay out after a month. We’ll repeat this for six months, at which time unclaimed rewards will be returned to the community treasury.

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HOPR Announcements

Another set of network rewards has been issued! A total of 150,000 HOPR Tokens have been distributed among node runners based on their uptime over the previous two weeks. 🥳

Your earned HOPR tokens have been automatically staked on your corresponding staking address as xHOPR.

To view your newly staked tokens, please visit the staking UI at: stake.hoprnet.org

We’ve reset the network dashboard and the ping count for each node.

As announced yesterday until the start of Staking Season 08 there is a one week distribution cycle with 75,000 HOPR Token. /channel/HOPRannouncements/561

Contact us here if you have any questions. 👋

Want to join the node runner club and earn $HOPR? Read more here:
docs.hoprnet.org/node/waitlist-FAQ

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HOPR Announcements

Our frens at Gnosis Pay gave us 3 free card NFTs to giveaway!

Head over to Twitter to participate: https://twitter.com/hoprnet/status/1680955518276472839

(European citizens only)

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 We looked at what we have to trade off to achieve true privacy. Spoiler alert: HOPR will let you choose the correct balance.
https://twitter.com/hoprnet/status/1675882288507150339

🟡 Who here knows what cover traffic is? How it works? And why HOPR needs it?
https://twitter.com/hoprnet/status/1676244479672549381

🟡 Our cover traffic team (👀) is conducting a lot of research into one question: Can we measure the privacy needs of individual nodes or parts of the network?
https://twitter.com/hoprnet/status/1676970240130060291

🟡 Everyone has a price. We’re proud to be part of the movement to turn black hat into white hat hackers!
https://twitter.com/hoprnet/status/1677694031025827844

🟡 Why are we building RPCh?

1️⃣ Stealth addresses are great BUT incomplete without transport-layer privacy.
https://twitter.com/RPC_h_/status/1674070154085560320

2️⃣ We have to say NO to more centralized servers.
https://twitter.com/RPC_h_/status/1674432537350004736

3️⃣ We can’t accept that users are stuck simply having to trust intermediaries.
https://twitter.com/RPC_h_/status/1676625607017349120

4️⃣ There’s a lack of privacy in web3 infrastructure and in using web3 services. RPCh can not only protect the privacy of users, it also reduces the regulatory risks for custody providers.
https://twitter.com/RPC_h_/status/1677331645471375368

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HOPR Announcements

It’s time for your tri-weekly dose of DevUpdate!

Let’s see what our devs have been up to these last three weeks.

🟡 Protocol & Payment Channel Improvements 🟡

To start off, we have an ongoing massive cleanse of the protocol and payment channel codebase with several key bug fixes and upgrades.

This has already produced a marked improvement in performance and stability.

github.com/hoprnet/hoprnet/pull/5143
github.com/hoprnet/hoprnet/pull/5158

🟡 Introduce New Staging Environment 🟡

Next, we now use the Rotsee network as our new staging environment to improve the functionality of the faucet API.

github.com/hoprnet/hoprnet/pull/5154

🟡 Remove Depreciated Components 🟡

We removed several deprecated components to clean up the codebase, notably ones to do with Avado and the cover-traffic daemon.

Note: this will not affect Avados run by community members, and is only in preparation for larger future releases.

github.com/hoprnet/hoprnet/pull/5181

🟡 Refactored and Exported Native & WASM Functionalities 🟡

The abstraction layer now determines whether we're running in WASM and correctly carries out the requested I/O in Node.js

github.com/hoprnet/hoprnet/pull/5170

🟡 Preparation For Curve Migration 🟡

We’ve added chain_key and packet_key keystores in HOPRd as part of an upcoming curve migration.

This will help introduce new functionalities and improve performance time.

github.com/hoprnet/hoprnet/pull/5175
github.com/hoprnet/hoprnet/pull/5144

🟡 Notable Big Fixes 🟡

We fixed:

1️⃣ Database interactions in HOPR-Core, solving a few pesky long-term bugs
2️⃣ Environment variables in Bratislava, which fixed the use of Grafana with our latest codebase and several small temporary issues

github.com/hoprnet/hoprnet/pull/5142
github.com/hoprnet/hoprnet/pull/5149

🟡 Use Of Default GitHub Runner 🟡

Finally, we switched some tasks back to using the default Github actions runner, an improvement to CI, which ensures the larger runner is not depleted too fast.

github.com/hoprnet/hoprnet/pull/5130

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 We published a new episode of web 3 Faces 🔥
https://twitter.com/hoprnet/status/1671171047058554880

🟡 We had a blast at ETH Global Waterloo! 🎉

https://twitter.com/hoprnet/status/1672591706795933704

🟡 Why you need to know before apeing into NFTs
https://twitter.com/hoprnet/status/1671488433397587969

🟡 We took you on a journey through DERP. The Dumb Ethereum RPC Provider.
https://twitter.com/RPC_h_/status/1670808663332888576
https://twitter.com/RPC_h_/status/1671125758356639754
https://twitter.com/RPC_h_/status/1671552949812592650
https://twitter.com/RPC_h_/status/1671895820369793027
https://twitter.com/RPC_h_/status/1672258210596782081
https://twitter.com/RPC_h_/status/1672937687953846272

🟡 We’re one step closer to making truly private RPC providers the new standard!
https://twitter.com/RPC_h_/status/1671065798855520258

🟡 Say hello to parallel entry nodes & our new availability monitor!
https://twitter.com/RPC_h_/status/1671171094664065027

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HOPR Announcements

Dear community,

The issue some of you might have faced receiving your mHOPR/NFT yesterday has now been resolved. If you are one of the following 15 addresses please check that you have received your Network Registry NFT & mHOPR/xDAI:

0x78e87757861185ec5e8c0ef6bf0c69fa7832df6c
0x09ad1dc3dd5ebe57adf8f8a1aece103b4f266bf7
0x491c386b324abe99a2c6e90e83850e3e04021796
0x8e3474526d9018d45e6db3fc174cf9e376b53cfe
0x378aa43f8a44150fb88ad7f6ce8a0349460f8c12
0x71078189ff9057e2256525cf9b37edd6fcda720c
0x730da4dcf123da0248e95904946aadab97dd47ea
0x40111cea40eb5b81f4d4db32a519947f12603850
0xd659879e24d1a43fb176791e9a1ae1434f377036
0xfee030a5fbdc66e6d290f1be249721028aeaaf61
0x4e51921564883af00db50a177d8c609aa6ba81ff
0x0affab5d666840e1f7bfcea9b4864fda8b7c3b79
0x77d05812dacac1a61397728e06c80031e875fe61
0x4319ac8eeadca1cc80aac4a12ead04fe255b892e
0x5ccea3e4e694e6726e2f033f5e5705c5dc43fc7b

👉 Please follow this tutorial to stake your NFT and join the network: https://docs.hoprnet.org/node/network-registry-tutorial

And as always, if you need help, don’t hesitate to ask here or on our dedicated Monte Rosa channel on Discord (https://discord.com/invite/dEAWC4G).

Please DM me your Discord username and registered HOPR staking address to get access so we can include you! 👍

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HOPR Announcements

Dear community,

We've distributed another badge of network registry slots! 🥳

These following 15 addresses have been given xDAI, mHOPR and a Network Registry NFT: 🥳

0x78e87757861185ec5e8c0ef6bf0c69fa7832df6c
0x09ad1dc3dd5ebe57adf8f8a1aece103b4f266bf7
0x491c386b324abe99a2c6e90e83850e3e04021796
0x8e3474526d9018d45e6db3fc174cf9e376b53cfe
0x378aa43f8a44150fb88ad7f6ce8a0349460f8c12
0x71078189ff9057e2256525cf9b37edd6fcda720c
0x730da4dcf123da0248e95904946aadab97dd47ea
0x40111cea40eb5b81f4d4db32a519947f12603850
0xd659879e24d1a43fb176791e9a1ae1434f377036
0xfee030a5fbdc66e6d290f1be249721028aeaaf61
0x4e51921564883af00db50a177d8c609aa6ba81ff
0x0affab5d666840e1f7bfcea9b4864fda8b7c3b79
0x77d05812dacac1a61397728e06c80031e875fe61
0x4319ac8eeadca1cc80aac4a12ead04fe255b892e
0x5ccea3e4e694e6726e2f033f5e5705c5dc43fc7b

👉 Please follow this tutorial to stake your NFT and join the network: https://docs.hoprnet.org/node/network-registry-tutorial

If you need help, don’t hesitate to ask here or on our dedicated Monte Rosa channel on Discord (https://discord.com/invite/dEAWC4G).

Please DM me your Discord username and registered HOPR staking address to get access so we can include you! 👍

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HOPR Announcements

Join Sebastian & Dedaub's cofounder, Neville, now on Twitter Spaces for a talk on the Tornado Cash attack and everything smart contracts

https://twitter.com/i/spaces/1OdJrzWrYrlJX

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HOPR Announcements

It’s time to check in on the HOPR Arrakis vault ⏰

All data from our Dune dashboard: dune.com/hopr/hopr-arrakis

We’re six weeks into the trial of Automated Liquidity Managers, as voted for by the HOPR community in our fifth governance experiment 🗳️

snapshot.org/#/vote.hopr.eth/proposal/0x0f36e7d9cb695224af76bd345417f5780545b2d3b799159a8f3719dc44bce5ee

Around $300k from the community treasury was allocated to @ArrakisFinance to manage in one of their Arrakis Palm vaults 🌴

etherscan.io/token/0xc7b95a90d5c7bd234def512be51afca3002dbe37

Although this represents just 5% of the community holdings in the Uni v3 pool at the time, the Arrakis vault has facilitated 13% of volume during the trial

dune.com/queries/2355465/3857778

The first month of the trial was smooth, with the vault almost keeping parity with just holding the assets (in addition to providing plenty of liquidity for other token holders)

dune.com/queries/2496231/4107204

Unfortunately, the weekend’s market turbulence affected HOPR as well 😩
This is reflected in the data, with a quite large drop in vault performance versus holding.

dune.com/queries/2496231/4107206

Of course, this isn’t unexpected impermanent loss is an intrinsic feature of providing liquidity, and the goal of the community liquidity provision isn’t primarily to make moneyHopefully the PALM system can close that gap as the market starts to recover 📈

It’s too early to deliver a verdict, of course, and there are many confounding factors: the bear market certainly isn’t helping liquidity pools thrive 🐻

The seventh governance experiment resulted in a significant investment in future HOPR products 🧑‍💻

snapshot.org/#/vote.hopr.eth/proposal/0x40760c8440daf1fbfff80080752dd113010d80599ef96eb4af67594ae51f3c43

This had the (intended) side effect of reducing the depth of the liquidity pool, in turn making the Arrakis vault a much more significant player

It will be interesting to see how that plays out over the coming months 👀

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HOPR Announcements

GM community!

Here’s a tl;dr of what HOPR and RPCh have been up to last week! 👇

🟡 All of your wallet's addresses are exposed and linked – DERP now highlights this issue with its new feature 👀
https://twitter.com/hoprnet/status/1665735230639030272

🟡 Here’s a more in-depth explanation of this new DERP feature https://twitter.com/RPC_h_/status/1666822442587930624

🟡 Here’s a recap of our Twitter Spaces session with @SourcifyEth
on why smart contracts should be verified ✅
https://twitter.com/hoprnet/status/1667186934932807680

🟡 We’ve presented the issues of web3 privacy at @web3privacy in Prague 🇨🇿
https://twitter.com/hoprnet/status/1666052323368636416

🟡 Our Devs did it again 🛠️
https://twitter.com/hoprnet/status/1666097805080027144

🟡 First Bug Bounty – no funds were at risk, but we’re still grateful for the spot
https://twitter.com/hoprnet/status/1666430539656581120

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HOPR Announcements

It's time for your tri-weekly DevUpdate! 🛠️

Let's see what our devs have been up to the last three weeks

🟡 Monte Rosa v1.93.7 🟡
We’ve developed and are currently testing Monte Rosa v1.93.7! This release comes with several bug fixes and patches to improve node stability.

github.com/hoprnet/hoprnet/pull/5065

🟡 Migrated Cryptographic Code 🟡

The Rust migration hit a significant milestone as all our cryptographic code is now fully migrated to Rust.

github.com/hoprnet/hoprnet/pull/4834
github.com/hoprnet/hoprnet/pull/5063

🟡 Improved Packet Processing 🟡

This sprint came with notable improvements to the packet processing mechanisms, improving the overall performance of the protocol.

github.com/hoprnet/hoprnet/pull/5102
github.com/hoprnet/hoprnet/pull/5074

🟡 Testing & Deployment Workflow 🟡

We’ve updated our testing & deployment workflow, improving the setup and allowing us to track the progress of certain functionalities much better.

github.com/hoprnet/hoprnet/pull/5071
github.com/hoprnet/hoprnet/pull/5080

🟡 Migrated & Improved core-ethereum DB 🟡

Another large milestone for the Rust migration was the movement of our core-Ethereum database functionality to Rust. This migration also came with a few bug fixes, which will improve the overall stability and performance of our payment layer.

github.com/hoprnet/hoprnet/pull/5097
github.com/hoprnet/hoprnet/pull/5072

🟡 Improved Logging Mechanism 🟡

We've improved our logging mechanism, adding support for the Rust tests and fixing a problematic bug in our outputs.

github.com/hoprnet/hoprnet/pull/5111
github.com/hoprnet/hoprnet/pull/5108

🟡 Library & Dependency Management 🟡

And finally, we rounded off the sprint with some library and dependency management to improve the overall hygiene of our code:

1️⃣ Fixed the Python text requirements conflict
2️⃣ Bumped OpenZeppelin library to 4.8.3
3️⃣ Pinned Foundry to a set version

github.com/hoprnet/hoprnet/pull/5126
github.com/hoprnet/hoprnet/pull/5125
github.com/hoprnet/hoprnet/pull/5075

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HOPR Announcements

It’s been a month since the start of the liquidity trial with @ArrakisFinance, as voted by the HOPR community 🗳️

Check out our new Dune dashboard to see how things are going 🚀

https://dune.com/hopr/hopr-arrakis

Full analysis later this week 📊

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HOPR Announcements

How does HOPR’s new governance scale into the web3 future? 🔎

As the HOPR ecosystem grows, more and more entities will need to access governance in different ways. 🔥

We plan to expand and improve on the tools we use to manage the governance while retaining the core flow:

🫴 Propose
🗣️ Discuss
✍️ Sign
🗳️ Vote

As token holders, you’ll always be able to participate in the governance of HOPR, but the new system will allow you to focus your attention on the parts of HOPR you care about most. 💛

We think it also should help reduce legal liabilities where appropriate: individual entities using the new governance system will be incorporated (or not) in the most appropriate forms and jurisdictions for their use case. 🤝

As participants, legal risks should hopefully be mitigated because it will be clear that this is NOT an overarching DAO with everyone working together towards a narrow goal. 🛑

Instead it is a true ecosystem comprised of independent actors and entities working separately, albeit with shared values. 🎯

Although it’s very different from what’s come before, we feel this approach is the best fit from both a legal AND web3 perspective. 🚀

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