FC#54 Town Hall A

Aug 15, 2023 at 00:00:00

Main Topics Discussed

  1. Buyback delegate deployment: Jango provides an update on the deployment of the buyback delegate, which allows for more price efficiency in the Juicebox ecosystem. He explains how the delegate behaves based on liquidity pool depth and the source of the payment (from a web client or another smart contract). Further development is planned, including collaborations with the Peel team to improve the user experience.
  2. Bananapus update: The Bananapus project, which aims to solve cross-chain organization and token distribution issues, is discussed. The project involves multiple repositories, including the Bananapus 721 staking delegate, Bananapus tentacles, and Bananapus distributor. The team is working on prototypes and UI language to facilitate staking, token minting, and treasury distribution across different chains.
  3. JB Merch: Sage shares plans to design and distribute Juicebox merchandise, including stickers, hats, koozies, and heat transfers. They discuss options for distributing the merchandise and gathering feedback from the community.

Buyback Delegate Deployment

  • The buyback delegate has been deployed, enabling more price efficiency in the Juicebox ecosystem.
  • Incoming payments will be routed to either the swap case or the mint case based on the liquidity pool's depth.
  • The behavior of the delegate depends on the source of the payment (web client or smart contract).
  • Metadata can be specified when calling the pay function from a web client, allowing for custom trade conditions.
  • Fee transactions rely on a TWAP oracle to determine quote and slippage parameters.
  • The team will study how these dynamics play out and allow project owners to tune the TWAP parameters.
  • Collaboration with the Peel team is planned to improve the user experience and allow users to specify trade quotes.

Bananapus Update

  • Bananapus aims to solve cross-chain organization and token distribution issues.
  • The project includes the Bananapus 721 staking delegate, Bananapus tentacles, and Bananapus distributor.
  • The staking delegate deploys a payment terminal that mints locked staked positions for governance and redemptions.
  • The tentacles allow users to mint tokens representing staked positions on different chains.
  • Tokens can be locked on a vesting schedule and unlocked by returning all tentacles.
  • This mechanism enables cross-chain token distribution and treasury access.
  • The team is working on prototypes, UI language, and full end-to-end examples.

JB Merch

  • Sage plans to design and distribute Juicebox merchandise, including stickers, hats, koozies, and heat transfers.
  • Feedback on the designs is encouraged, and a vote will be held to determine the final selection.
  • The merchandise will be distributed at ETH NYC, and the remaining stock can be sent out to those who can't attend.
  • Options for distributing the merchandise, such as sending packages to different corners of the world, are being considered.