Phoenix Labs

RT @hexonaut: .@phoenixlabsdev has put out an updated version of the Spark Multichain Strategy taking into account the rebrand of DAI. This is built upon the knowledge gained by working with our partners at @gnosischain and @0xPolygon. More details 👇

RT @SkyEcosystem: .@karpatkey has put forth a proposal to launch Spark Protocol on @gnosischain! The formidable Maker-Gnosis strategic partnership could reach new milestones, with @GnosisDAO embracing Endgame and the launch of the first DAI-centric lending protocol on Gnosis Chain. ↓

RT @SkyEcosystem: .@phoenixlabsdev has proposed a multi-chain future for Spark! Together, we will strive for the integration of Layer 2 solutions and the exploration of other blockchain networks. Success lies in being where the users are. This is a recap of Spark's multi-chain roadmap. ↓

The latest @makerdao executive vote executed the onboarding of rETH into Spark through a new process called Executive Proxy. Executive proxies allow Maker to scale up governance without jeopardizing its security in a way that was not possible before. smol summary 🧵

8/ Once subDAOs launch, each will make on-chain changes by writing and submitting their own executive proxies to Maker Governance. This will become the Omnibus Spell process at Maker.

9/ If you want to read more about it, head over to the Maker Forum to read LongForWisdom's post on "Executive Proxies and Spark Protocol".

Happy Thursday! We have three announcements for you: 1. Testnet launch 2. MakerDAO Vote for PE support 3. Aave Snapshot vote smol 🧵

3. Aave Snapshot vote The Snapshot vote has gone up, asking the @AaveAave community how they would prefer to have the retroactive payment for the open-source development of the Aave V3 codebase.

Next stop mainnet in April!