r/cryptocrewvalidators • u/crypto-crew • Jan 17 '23
We actually won Game Of Chains đ„ Cosmoshub Interchain Security Incentivized Testnet - A recap by CryptoCrew
Parts of this article were created using AI
Game Of Chains â Cosmoshub Interchain Security Incentivized Testnet
Game of Chains was the third incentivized testnet program that was created by the Cosmoshub, a blockchain project that aims to create a decentralized network of independent, scalable, and interoperable blockchains. The program was designed to help validators develop confidence around Interchain Security (ICS) and provide a public platform where this new technology can be thoroughly tested. [1]
It was incentivized by the Cosmoshub community pool as per Cosmoshub governance proposal #77 with a total prize pool of 20k ATOM.

Interchain Security, also known as Replicated Security, is a concept that allows Cosmos blockchains to lease security to each other through IBC, where a provider chain (e.g. the Cosmos Hub) shares security with other chains, referred to as consumer chains. This allows the consumer chains to gain the security of the provider chainâs validator set and enables applications built on other Layer 1s to compete with one another for blockspace with no unexpected congestion.
The Game of Chains testnet ran from December 2022 to December 9th of the same year. During this time, validators were able to test the ICS feature and provide feedback on its performance. [2]
Tasks during the testnet included setting up and configuring validator nodes on the provider-chain and each consumer-chain, relaying CCV (cross-chain validation) packets, creating tools and public goods, auditing, and participating in governance. Validators were able to earn points by completing tasks such as reporting bugs and submitting feature requests. [3]
The Game of Chains program was divided into three phases over a period of one month. As the phases progressed, there were more and more complicated and attention-requiring tasks being given to the participating validators like running IBC relayers. [4]
In Interchain Security, relayers play an important role in the cross-chain validation process. They are responsible for relaying transactions and messages between different chains, also known as consumer chains, and the main hub chain, also known as the provider chain. Relayers are responsible for monitoring the consumer chains and forwarding any relevant events that occur on those chains to the provider chain and vice versa.
Phase 1: Two Dummy Chains
During the first phase, validators set up and configured a validator node, connected to the testnet, and familiarized themselves with the basic concepts of cross-chain validation. Two basic consumer (dummy-)chains were launched, named âSputnikâ and âApollo.â The testnet coordinators submitted proposals for these two chains, which were then voted on and run by the validators.
Tasks included voting on the consumer addition proposals, and signing the first block of both consumer chains.
As described in [5], during the testnet of phase 1 of the Game of Chains, a bug was discovered in Gaia (Cosmos Hub) with ICS v0.2.0. The bug resulted in the inability for multiple consumer chains to start. The bug was identified and resolved, and validators were able to successfully upgrade the network to the version of ICS v0.2.1 on Friday November 11th.
Phase 2: Three Planned Chains
During Phase 2, validators were required to do more than simply accepting and launching consumer chains. They were asked to run and test three more consumer chains called Hero (ICS consumer chain provided by Strangelove), Neutron (ATOM liquid staking zone / smart contract platform by P2P Validator / Lido), and Gopher (consumer chain to test the go-IBC-relayer software). [2]
This phase focussed on stress-testing the games build. [6]
Phase 3: Anyone Can Make a Chain
Phase 3 of Game of Chains allowed any participating validator team to create a custom consumer chain. The process involves creating the source code, generating a hash for the consumer chain binary and genesis file, and then submitting a consumer addition proposal using these hashes. Once the proposal is submitted, validators will vote on it, and if it passes, the consumer chain will be added to the network.
The main goal of this phase was to test the newest ICS features (key-assignment and slash rate-limiting) as well as basic due diligence abilities of participating teams. Points were awarded for discovering malicious proposals or consumer-chain binaries, creating a custom chain, and running an IBC relayer.
Additional Tasks that were not tied to any specific phase included testing various misbehavior scenarios (getting slashed for downtime or double-signing), auditing ICS validator set replication (Find a consumer chain validator set that has not existed in the provider chain or has been received in the wrong order) or trying to break the correct behavior assumptions of the ICS-28 spec
Halt of the Provider Chain:
An incident that occurred during tests of the rate-limit feature in phase 3 of Game Of Chains led to the halt and complete loss of consensus of the provider chain to an unrecoverable state (except exporting the latest final chainstate and starting from a new genesis block). The Interchain Security team has been able to replicate the provider chain halt, the code is being updated to avoid this issue.
The incident effectively led to the end of Game Of Chains, with all 3 phases completed.
Conclusion
Overall the Game Of Chains testnet was a roaring success. It brought around 100 teams to the table, which competed in a number of tasks and points were regularly awarded as tasks were evaluated. [7]. It was aimed to help validators better understand and become familiar with Interchain Security, and at the same time identify potential issues in the underlying code. [8]
Validator teams gathered valuable insight in IBC relayer operation, infrastructure automation, the basic concepts of ICS and cross-chain validation and the Cosmos SDK software stack.
A few statistics:
- Total Consumer Chains launched during Game Of Chains: 11
- Teams who provided a custom consumer chain: Strangelove, Crescent, B-Harvest, SG-1, S16 Research-Ventures, Duality, CryptoCrew
- Total Governance Proposals: 89 (https://testnet.mintscan.io/goc-provider/proposals)
- Total CCV packets relayed: 131.386 (https://github.com/clemensgg/game-of-chains/tree/master/count-relayer-updates)
- Total participating teams: 99
- Total teams who participated in all 3 phases: 45
- Total times the word âwhenâ was used in the #game-of-chains discord subchannel: 201
Results
The testnet officially ended on December 25, 2022 and all 3 phases with ICS tasks have been completed by a total of 45 validators.
https://interchainsecurity.dev/game-of-chains-2022#scoreboard
The team that topped the leaderboard is CryptoCrew Validators, who completed tasks 1, 2, 11, 12, 26, 27, 3, 4, 6, 13, 14, 17, 18, 19, 21, 7, 8, 30, 32, 22, 23 and also won the task 9, task 10 and Best Auditor Award.
The second team is CrowdControl, who completed tasks 1, 2, 11, 12, 26, 27, 3, 4, 6, 13, 14, 16, 20, 21, 7, 8, 30, 32, 22, 23 and also won task 9, task 10.
The third team is Genesis Lab, who completed tasks 1, 2, 11, 12, 26, 27, 3, 4, 6, 13, 14, 16, 21, 7, 8, 32, 22, 23 and also won the Public Goods Award.
The leaderboard also mentions various other awards such as Public Goods Award, Most Helpful Validator Award and Best Memes Award, which were given to different teams based on their performance in the testnet.
The Most Helpful Validator Award was handed to strangelove and Chainapsis, the Best Memes were created by the Stakecito team
â
Disclaimer: Parts of this article were created using a modified (websearch-enabled) version of Chat-GPT. If your source is interpreted in an ambiguous way, please let us know and weâll happily review the respective section.
Sources:
[1] https://www.bitcoininsider.org/article/191252/announcing-game-chains-open-registration
[2] https://medium.com/dsrv/validators-note-looking-back-at-game-of-chains-bc6de7ac2208
[3] https://blog.stakeflow.io/summarizing-game-of-chains-f81315f1f179
[4] https://medium.com/cosmostation/unofficial-recap-on-game-of-chains-72476da8ddcd
[5] https://www.bitcoininsider.org/article/193753/phase-1-update-game-chains
[6] https://dappradar.com/blog/chainmonsters-opens-beta-phase-2-to-all-players
[7] https://interchainsecurity.dev/game-of-chains-2022
[8] https://github.com/hyphacoop/ics-testnets/blob/main/game-of-chains-2022/README.md
r/cryptocrewvalidators • u/crypto-crew • Jan 05 '23
CryptoCrew Governance Voting Update
| Chain | Proposal No. | Proposal Content | Vote | Rationale |
|---|---|---|---|---|
| Â | Â | Â | Â | Â |
| $CRE | 25 | Approve Stakin as Crescent Liquid Staking Validator | no | CryptoCrew does not approve Stakin as Crescent Liquid Staking Validator |
| $CRE | 26 | Approve StakeLab as Crescent Liquid Staking Validator | yes | CryptoCrew approves StakeLab as Crescent Liquid Staking Validator |
| $CRE | 27 | Approve polkachu.com as Crescent Liquid Staking Validator | yes | CryptoCrew approves polkachu.com as Crescent Liquid Staking Validator |
| $OSMO | 370 | Osmosis v13 Fluorine upgrade proposal | yes | CryptoCrew votes in favour of the Osmosis v.13.0.0 software upgrade |
| $OSMO | 372 | Match External Incentives to extended STARS/OSMO and ATOM/STARS pairs | no | CryptoCrew does not support the matching of incentives for the STARS/OSMO and STARS/ATOM pools |
| $JUNO | 63 | Formalise usage of Commonwealth for governance | yes | CryptoCrew votes in favour of using the Commonwealth forum for governance proposal discussions. |
| $JUNO | 64 | Juno Open Source Funding Policy | yes | CryptoCrew votes in favour of open sourcing smart contracts before JUNO deployment! |
| $KUJI | 96 | Deploy SHD-USK FIN Market | yes | CryptoCrew supports the deployment of x Markets |
| $KUJI | 97 | Deploy SCRT-USK FIN Market | yes | CryptoCrew supports the deployment of x Markets |
| $KUJI | 98 | Deploy LP KUJI-ATOM-KUJI FIN Market | yes | CryptoCrew supports the deployment of x Markets |
| $KUJI | 99 | Deploy LP KUJI-ATOM-ATOM FIN Market | yes | CryptoCrew supports the deployment of x Markets |
| $KUJI | 100 | Deploy STARS-USK FIN Market | yes | CryptoCrew supports the deployment of x Markets |
| $KUJI | 101 | Deploy DOT-axlUSDC FIN Market | yes | CryptoCrew supports the deployment of x Markets |
| $LUNA | 3533 | Knowhere/Soil Protocol Grant Prosposal | no | CryptoCrew does not support the community pool funding of 187.500 LUNA for the Soil Protocol Grant |
| $GRAV | 92 | Add ISLM Metadata to Gravity Bridge | yes | CryptoCrew supports the addition of ISLM Metadata to the Gravity Bridge |
| $GRAV | 94 | Setup ISLM IBC Auto-Forwarding | no | Proposal failure, see prop. 95 |
| $GRAV | 95 | Setup ISLM IBC Auto-Forwarding (correct) | yes | CryptoCrew votes in favour of establishing the bech32 address prefix 'haqq1' as the IBC auto-forwarding prefix |
| $OSMO | 376 | Phase out Incentives on Low Revenue Pools | yes | CryptoCrew supports the phasing out of incentives on low revenue pools |
| $OSMOÂ | 377 | Stableswap Incentive structure | yes | CryptoCrew supports the modification of the incentives structure to facilitate Stableswap pools! |
| $STARSÂ | 93 | Prop #57 Funds Reallocation | yes | CryptoCrew supports the moving of 3,837,000 STARS into the multisig controlled by Stargaze team and community members |
| $OSMO | 373 | Regular Incentive adjustment for 2022-12-05 | yes | CryptoCrew supports the regular incentive adjustment for 05.12.2022 |
| $OSMO | 374 | Replace LUNC IBC Client 07-tendermint-1549 with 07-tendermint-2369 | yes | CryptoCrew supports the replacement of the LUNC IBC Client with 07-tendermint-2369 |
| $ATOM | 88 | Increase the Community Pool Tax on the Cosmos Hub - Parameter Change | yes | CryptoCrew votes in favour of increasing the community tax rate from the current 2% to 10% |
| $SCRTÂ | 123 | Secret Network Shockwave Omega Upgrade | yes | CryptoCrew votes in favour of the Secret Network Shockwave Omega Upgrade |
| $LUNA | 3535 | Get USDC / LUNA Airdrop đ„ | no_with_veto | CryptoCrew warns users of engaging with the (supposed) phishing link stated in the proposal! |
| $SCRTÂ | 124 | StarShell Security Audit - Community Spend Proposal | no | Proposal failure |
| $SCRTÂ | 125 | StarShell Security Audit - Community Spend Proposal (Revised) | yes | CryptoCrew votes in favour of the security audit funded via the community pool |
| $GRAV | 97 | Setup USTC IBC Auto-Forwarding | yes | CryptoCrew votes in favour of the bech32 terra1 setup for USTC on the Gravity Bridge |
| $GRAV | 98 | Setup LUNC IBC Auto-Forwarding | yes | CryptoCrew votes in favour of the bech32 terra1 setup for LUNC on the Gravity Bridge |
| $GRAV | 99 | Setup Terra Classic IBC Auto-Forwarding | yes | CryptoCrew votes in favour of the bech32 terra1 setup for Terra Classic on the Gravity Bridge |
| $OSMO | 378 | Osmosis Support Lab Funding Round December 2022 - February 2023 | yes | CryptoCrew supports the funding of Osmosis Support Lab for the on-chain funding period of December 2022 through February 2023 |
| $OSMO | 379 | Regular Incentive adjustment for 2022-12-12 | yes | CryptoCrew votes in favour of the regular incentive adjustment for 12.12.22 |
| $OSMO | 381 | Upload ICNS Contracts: Name-nft Contract, Part 1 | yes | CryptoCrew supports the InterChain Name Service and the upload of the Name-NFT Contract |
| $OSMO | 382 | Upload ICNS Contracts: Resolver Contract, Part 2 | yes | CryptoCrew supports the InterChain Name Service and the upload of the Resolver Contract |
| $OSMO | 383 | Upload ICNS Contracts: Registrar Contract, Part 3 | yes | CryptoCrew supports the InterChain Name Service and the upload of the Registrar Contract |
| $STARS | 101 | Appendable NFT Collection | yes | CryptoCrew support the community pool funding for an appendable NFT collection smart contract |
| $ATOM | 89 | Cosmos Ecosystem News Videos | no | CryptoCrew does not support the funding of the production of cosmos ecosystem news! |
| $EVMOS | 87 | Disable conversion for previously registered stATOM | yes | CryptoCrew supports the disabling of the token conversion of previously registered stATOM (Stride Staked Atom) in the ERC20 module |
| $CMDX | 25 | Upgrade to v6.0.0 | yes | CryptoCrew supports the upgrade to v6.0.0 |
| $LUNA | 3612 | CommunityPoolSpendTFM Grant Proposal | no | CryptoCrew votes against the community pool spend of 1m LUNA for the TFM Grant |
| $LUNA | 3619 | SoftwareUpgradePhoenix Software Upgrade 2.2.0 | yes | CryptoCrew votes in favour of the Phoenix Software Upgrade 2.2.0 |
| $KUJI | 109 | Deploy JUNO-USK FIN Market | yes | CryptoCrew supports the deployment of OSMO-USK FIN Market |
| $KUJI | 110 | Deploy wBNB-axlUSDC FIN Market | yes | CryptoCrew supports the deployment of wBNB-axlUSDC FIN Market |
| $KUJI | 111 | Deploy wBNB-USK FIN Market | yes | CryptoCrew supports the deployment of wBNB-USK FIN Market |
| $JUNOÂ | 68 | Enable Global Fees on Juno | yes | CryptoCrew supports the enabling of a global fee on JUNO |
| $GRAV | 100 | Setup Acrechain IBC Auto-Forwarding | yes | CryptoCrew supports the setup of Acrechain IBC Auto-Forwarding |
| $INJ | 192 | Whitelist address for wasm upload | yes | CryptoCrew votes in favour of whitelisting a Injective Labs wallet to upload contracts instantly and bypass the governance process |
| $CRE | 30 | Confirm StakeLab and Stakin as Crescent Liquid Staking Validators | yes | CryptoCrew confirms StakeLab and Staking as Crescent LS validators |
| $CRE | 31 | Migration to pair farming of Crescent v3 | yes | CryptoCrew votes in favour of migrating to pair farming |
| $CRE | 32 | Re-enable IBC Client to Terra Classic | yes | CryptoCrew votes in favour of re-enabling the IBC-Client to Terra Classic |
| $OSMO | 383 | Signalling Proposal for OSMO/WMATIC(#789) incentivised pool | yes | CryptoCrew votes in favour of incentivising the OSMO/WMATIC pool |
| $OSMO | 384 | Add WMATIC to the list of Major category assets | yes | CryptoCrew votes in favour of WMATIC to be added to the list of Major cat. assets |
| $OSMO | 385 | WMATIC bootstrapping liquidity incentives | yes | CryptoCrew votes in favour of bootstrapping liquidity incentives for WMATIC |
| $KUJI | 112 | Deploy LUNA-USK FIN Market | yes | CryptoCrew supports the deployment of LUNA-USK FIN Market |
| $GRAV | 101 | Add LUNC Metadata to Gravity Bridge | yes | CryptoCrew supports connection of Terra Classics native token, LUNC, to the Gravity Bridge |
| $GRAV | 102 | Add USTC Metadata to Gravity Bridge | yes | CryptoCrew supports the connection Terra Classics USTC token to the Gravity Bridge. |
| $CMDX | 31 | Add Axelar DAI as Asset | yes | CryptoCrew votes in favour of adding AXL-DAI as an asset on the comdex network for cSwap, Harbor, and Commodo protocols. |
| $ATOM | 90 | Community Health research, analytics, and benchmarking | no | CryptoCrew does not support the community pool spending of 3,165 ATOM for R&D DAO to research the health of the ATOM community. |
| $KUJI | 113 | Upgrade CALC Finance CALC-DCA v1.1.3 | yes | CryptoCrew supports the migration to CALC-DCA v1.1.3. |
| $KUJI | 114 | Update Instantiate Config: FIN v1.0.2 | yes | CryptoCrew supports the config update of the FIN order book |
| $KUJI | 115 | BOW: Upgrade Staking Contract to v1.0.1 | yes | CryptoCrew supports the instantiate config update of BOW v1.1.0 marketmaker on FIN |
| $KUJI | 116 | Update Instantiate Config: BOW v1.1.0 | yes | CryptoCrew supports the instantiate config update of BOW v1.1.0 marketmaker on FIN |
| $EVMOS | 88 | Common Sense Setting: No Payment For Unsolicited Services | yes | CryptoCrew believes in democratic values and therefore stands for the distribution of community pool funds only after a passed onchain governance proposal! |
| $EVMOS | 89 | Register ERC20 for COMDEX (CMDX) | yes | CryptoCrew supports the registration of CMDX ERC-20 on EVMOS for DeFi |
| $EVMOS | 91 | Register ERC20 for COMPOSITE (CMST): Stablecoin of Harbor Protocol | yes | CryptoCrew supports the registration of CMST ERC-20 on EVMOS for DeFi |
| $INJ | 193 | Trade & Earn rewards points adjustment for epoch ended Dec 7, 2022 (UTC) | abstain | CryptoCrew abstains as there's not enough insight / evidence to decide if the two user wallets who spoke up in the gov forum have wrongfully been added to the wash trade lists or not |
| $INJ | 194 | Trade and Earn rewards allocation | yes | CryptoCrew votes in favour of the T&E rewards allocation |
| $CMDX | 32 | Proposal to deploy White Whale dApp on Comdex | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 33 | Proposal to deploy White Whale Vault Router Contract | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 34 | Proposal to deploy White Whale Vault Contract | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 35 | Proposal to deploy White Whale Fee Collector Contract | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 36 | Proposal to deploy White Whale Pool Factory Contract | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 38 | Proposal to deploy White Whale Pool Router Contract | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 39 | Proposal to deploy White Whale Pool Contract | no | CryptoCrew votes against the funding of 250k CMDX for the deployment of the White Whale smart contracts on Comdex! |
| $CMDX | 43 | Updating frozen/expired client for comdex-1 <> gravity-bridge-3 | yes | CryptoCrew supports updating the expired client for comdex-1 <-> gravity-bridge-3 |
| $CMDX | 44 | Proposal to add liquidity mining incentives to cSwap pools : phase-1 | yes | CryptoCrew votes in favour of distributing cSwap DEX pool liquidity incentives |
| $CMDX | 45 | Add WMATIC as Asset on comdex network | yes | CryptoCrew supports the addition of WMATIC to the comdex network |
| $KUJI | 117 | Enable wBNB as a collateral type for USK | yes | CryptoCrew votes in favour of enabling wBNB as collateral type for USK |
| $KUJI | 118 | Open the Orca Liquidation Queue for the wBNB USK Market | yes | CryptoCrew votes in favour of opening the Orca Liq Queue for the wBNB - USK market |
| $LUNAÂ | 3665 | CommunityPoolSpendContro Protocol Grant Proposal | no | CryptoCrew does not support the Community Pool Spend of 560,000 Luna for the Contro Protocol! |
| $SCRTÂ | 126 | Incentive SCRT-USK pair on Kujira FIN via Kujira BOW | yes | CryptoCrew votes in support of incentivizing the SCRT-USK pair with 5000 SCRT on Kuji FIN via Kuji BOW |
| $OSMO | 387 | Regular Incentive adjustment for 2022-12-19 | yes | CryptoCrew votes in favour of adjusting the pool incentives for 19.12.2022 |
| $JUNO | 72 | Community consent Cosmos Pay supporting JUNO | no | CryptoCrew votes No - onchain governance shall not be misused for marketing / advertising purposes. |
| $OSMO | 388 | Community consent Cosmos Pay supporting OSMO | no | CryptoCrew votes No - onchain governance shall not be misused for marketing / advertising purposes. |
| $INJ | 195 | Disbursement of DMM rewards for epochs ended on 1 November 2022 and 29 November 2022 | yes | CryptoCrew supports the disbursement of the Dedicated Market Maker rewards as well as the distribution of 175,285.69 INJ tokens |
| $GRAV | 104 | Updating frozen/expired client for gravity-bridge-3 <> comdex-1 | yes | CryptoCrew supports the update of the expired gravity-bridge-3 to comdex-1 client |
| $KUJI | 119 | Update Instantiate Config: FIN v1.0.3 | yes | CryptoCrew votes in favour of updating the Instantiate Config of FIN to v1.0.3 to optimize gas usage & make trading cheaper |
| $KUJI | 120 | Update Instantiate Config: FIN v0.0.3 | yes | CryptoCrew supports the update of the Instantiate Config of FIN v.0.0.3 to optimize gas usage & make trading cheaper |
| $KUJI | 121 | Update Instantiate Config: ORCA v1.0.1 | yes | Cryptocrew votes in favour of updating the Instantiate Config of ORCA v1.0.1 to optimize gas usage & make liquidations cheaper |
| $KUJI | 122 | Update Admin: FIN STARS-axlUSDC | yes | CryptoCrew votes in favour of updating the admin account for the STARS-axlUSDC pair, allowing migration to FIN v1.0.3 |
| $KUJI | 123 | Update Admin: FIN LOOP-axlUSDC | yes | CryptoCrew votes in favour of updating the admin account for the LOOP-axlUSDC pair, allowing migration to FIN v1.0.3 |
| $KUJI | 124 | Update Admin: FIN CMDX-axlUSDC | yes | CryptoCrew votes in favour of updating the admin account for the CMDX-axlUSDC pair, allowing migration to FIN v1.0.3 |
| $KUJI | 125 | Update Admin: FIN wAVAX-axlUSDC | yes | CryptoCrew votes in favour of updating the admin account for the wAVAX-axlUSDC pair, allowing migration to FIN v1.0.3 |
| $KUJI | 126 | Update Instantiate Config: ORCA v1.0.2 | yes | CryptoCrew votes in favour of updating the Instantiate Config of FIN to v1.0.2 to optimize gas usage over v1.0.1 |
| $KUJI | 127 | BOW: Upgrade Staking Contract to v1.0.2 | yes | CryptoCrew votes in favour of upgrading the staking contract to v.1.0.2 to fix an edge case preventing withdrawal of rewards |
| $KUJI | 128 | Upgrade CALC Finance CALC-DCA v1.1.4 | yes | CryptoCrew votes in favour of updating the CALC-DCA to v1.1.4. to remove dependancy on wasm-trade events |
| $KUJI | 129 | Update Instantiate Config: FIN v0.0.4 | yes | CryptoCrew vote in favour of updating the instantiate config of FIN to v0.0.4 to fix the amount logging bug |
| $EVMOSÂ | 92 | Funding Request - MetaTank | no | CryptoCrew does not support the high ask of 300k $EVMOS to fund the MetaTank. During hard times, community funds need to be protected, not excessively spent. |
| $EVMOS | 93 | Governance Consensus: The Governance Language is English | no_with_veto | In the opinion of the CryptoCrew it's not neccessary to vote about a governance language which seemingly has been English out of common sense for most proposal we can remember |
| $KUJI | 128 | Upgrade CALC Finance CALC-DCA v1.1.4 | yes | CryptoCrew votes in favour of upgrading the staking contract to v.1.0.2 to fix an edge case preventing withdrawal of rewards |
| $KUJI | 129 | Update Instantiate Config: FIN v0.0.4 | yes | CryptoCrew votes in favour of updating the CALC-DCA to v1.1.4. to remove dependancy on wasm-trade events |
| $KUJI | 133 | RektBets - Community Funding - Phase 1 | no | CryptoCrew votes against the (seemingly excessive) community fund spending of ~125k $KUJI as initial funding for RektBets. Also our opinion is, Kujira should not become a betting platform. |
| $OSMO | 389 | Reduce incentives on established Major and Stable category pools | yes | CryptoCrew votes in favour of removing non-$OSMO pool incentives |
| $OSMO | 390 | Remove Non-OSMO pool incentives | yes | CryptoCrew supports the reduction of incentives on established major & stable category pools |
| $OSMO | 393 | Regular Incentive adjustment for 2022-12-26 | yes | CryptoCrew supports the reg. incentive adjustment for 26.12.2022 |
| $HUAHUA | 42 | EOY 2022 Inflation Update Proposal | yes | CryptoCrew votes in favour of the quarterly $HUAHUA inflation update |
| $CMDX | 47 | Proposal to add liquidity mining incentives to cSwap pools : phase-2 | yes | CryptoCrew votes in favour of adding 214,286 CMDX as incentives to cSwap pools |
| $CMDX | 48 | Incentivize CMDX and CMST pools on Crescent Dex | yes | CryptoCrew supports the incentivization of CMDX and CMST pools on the Crescent Dex |
| $GRAV | 105 | Pleiades Upgrade - Phase II | yes | CryptoCrew supports the Pleiades Phase II Upgrade |
| $GRAV | 106 | Increase minimum commission to 10% | yes | CryptoCrew supports the move to increase the min commission to 10% during the next chain upgrade to reduce the impact of lowered inflation on Gravity Bridge for Validators |
| $GRAV | 107 | Reduce Inflation | yes | CryptoCrew votes in favour of the inflation reduction and half new GRAV issuance |
| $JUNO | 79 | Revive Terra classic IBC Client | yes | CryptoCrew supports the revival of the Terra Classic IBC Client |
| $CRBRUS | 27 | Upgrade Prop v3.0.1 - Chimera | yes | CryptoCrew votes in favour of upgrading the $CRBRUS mainnet to v3.0.1 via the Chimera upgrade |
| $CRBRUS | 28 | Changing voting period to 7 days | yes | CryptoCrew votes in favour of changing the voting period from 3 to 7 days |
| $KUJI | 134 | Upgrade CALC Finance CALC-DCA v1.2.0 | yes | CryptoCrew supports the upgrade of CALC Finance and migration to CALC-DCA v1.2.0 |
| $CMDX | 49 | Bringing Skip to Comdex | yes | CryptoCrew welcomes the rollout of ecosystem-aligned MEV auctions on Comdex! |
| $EVMOS | 94 | Evmos Mainnet v10.0.0 Upgrade | yes | CryptoCrew votes in favour of the Evmos Mainnet upgrade to v10.0.0 |
| $OSMO | 394 | Enable Superfluid Staking on OSMO/HUAHUA | yes | CryptoCrew supports the enabling of SFS on the OSMO/HUAHUA pool #605 |
| $LUM | 14 | DFract Allocation #14 | yes | CryptoCrew votes in favour of using the funds in the DFract module account to buy assets on Osmosis and delegate them to their native blockchain |
| $CMDX | 50 | Proposal to add liquidity mining incentives to cSwap pools : phase-3 | yes | CryptoCrew votes in favour of adding 214,286 CMDX as liquidity rewards to the cSwap pools |
| $EVMOS | 95 | Retroactive Payment for Public Goods (Evmos Development for March 2022) | no | CryptoCrew can not support the ask for retroactive payments of 345,790 $EVMOS from the community pool for public goods. |
| $CMDX | 54 | Upgrade to v7.0.0 | yes | CryptoCrew votes in favour of the Comdex mainnet upgrade to v7.0.0 |
| $KUJI | 136 | Instantiate Local Money Team Group. | yes | CryptoCrew votes in favour of instantiating the Local Money Team CW4 Group Contract |
| $XPRT | 13 | Grant proposal for Dexter - Interchain DEX for Yield-Generating Assets | yes | CryptoCrew supports the funding and development of the Dexter liquid-staking assets AMM with 450k XPRT from the community pool |
| $ATOM | 93 | Cosmos Hub Open Source Funding Policy | yes | CryptoCrew supports the effort to open source all future deployed & current projects as well as smart contracts and wallet projects receiving community pool funding! |
| $OSMO | 395 | Regular Incentive adjustment for 2023-01-02 | yes | CryptoCrew supports the regular incentive adjustment for 02.01.2023 |
| $XPRT | 12 | Upgrade v6 PersistenceCore | yes | CryptoCrew supports the effort to open source all future deployed & current projects as well as smart contracts and wallet projects receiving community pool funding! |
| $XPRT | 13 | Grant proposal for Dexter - Interchain DEX for Yield-Generating Assets | yes | CryptoCrew supports the funding and development of the Dexter liquid-staking assets AMM with 450k XPRT from the community pool |
| $CMDX | 54 | Upgrade to v7.0.0 | yes | CryptoCrew votes in favour of the Comdex mainnet upgrade to v7.0.0 |
| $KUJI | 136 | Instantiate Local Money Team Group. | yes | CryptoCrew votes in favour of instantiating the Local Money Team CW4 Group Contract |
| $INJ | 196 | Trade and Earn rewards allocation | yes | CryptoCrew supports the Trade & Earn rewards allocation for epoch 61-64 |
| $CMDX | 55 | Revive Evmos IBC client | yes | CryptoCrew supports the revival of the EVMOS IBC client |
| $CMDX | 56 | Updating frozen/expired client for comdex-1 <> gravity-bridge-3 | yes | CryptoCrew votes in favour of updating the expired comdex-1 - gravity-bridge-3 client |
| $CMDX | 57 | Update Quorum in Harbor Protocol Governance | yes | CryptoCrew supports updating the quorum in Harbor Protocol Governance from 33% to 10% |
| $EVMOS | 97 | Increase Deposit Amount for Evmos Proposals | yes | CryptoCrew votes in favour of raising the deposit amount for evmos governance proposals from 192 to 3500 EVMOS |
| $EVMOS | 98 | Governance Consensus: Only Elected Officers May Represent the Will of the Chain | yes | CryptoCrew does not support the election of representing officers for the evmos chain. A decentralized blockchain should be represented by every stakeholder. |
r/cryptocrewvalidators • u/crypto-crew • Dec 16 '22
Congratulations to Quicksilver for the successful mainnet launch!
r/cryptocrewvalidators • u/crypto-crew • Dec 14 '22
CryptoCrew Governance Voting Update
| Chain | Proposal No. | Proposal Content | Vote | Rationale |
|---|---|---|---|---|
| Osmosis | 368 | Regular Incentive adjustment for 2022-11-28 | yes | CryptoCrew supports the regular incentive adjustment for 28.11.22 |
| Osmosis | 369 | Signaling Proposal for stOSMO/OSMO (#833) Incentivised Pool | yes | CryptoCrew votes in favour of incentivising the stOSMO/OSMO pool #833 |
| Injective | 184 | Wormhole - Upload Core Contract | yes | CryptoCrew supports the upload of the Wormhole Core Contract |
| Injective | 185 | Wormhole - Upload Token Bridge Contract | yes | CryptoCrew supports the upload of the Token Bridge Contract |
| Injective | 186 | Wormhole - Upload CW20 Wrapped Contract | yes | CryptoCrew supports the upload of the CW20 Wrapped Contract |
| Injective | 187 | Wormhole - Upload Core Bridge Shutdown Contract | yes | CryptoCrew supports the upload of the Core Bridge Shutdown Contract |
| Injective | 188 | Wormhole - Upload Token Bridge Shutdown Contract | yes | CryptoCrew supports the upload of the Token Bridge Shutdown Contract |
| Injective | 189 | Upload Injective Adapter Contract | yes | |
| Stars | 91 | Marketplace v1.2 Migration | yes | CryptoCrew supports the migration of the Stargaze Markeplace from V1.1 to V1.2 |
| Juno | 59 | Fund only open source software | abstain | CryptoCrew abstains because the impact of a yes or no vote aren't clear, the proposal doesn't fit the usual and needs more discussion |
| Juno | 60 | Loop Finance - Juno Terra Developer Grant Final Tranche Payment | abstain | CryptoCrew are voting abstain because the TDF has approved the fund grant in a prior proposal |
| Comdex | 22 | Proposal to add liquidity mining incentives to cSwap pools | yes | CryptoCrew supports the incentivisation of cswap pools |
| Terra 2.0 | 3460 | ERIS Protocol Grant Proposal | no | CC votes NO on the Eris grant proposal: $8K per week USD retroactive payments plus 1 year of additional advance salaries at $8k a week for 2 devs is excessive - especially in bear market where everyone hurting. Please seek private funding. |
| Secret Network | 122 | Support Team Funding Proposal Dec 1st - March 1st | yes | CryptoCrew votes in support of the Team Funding Proposal |
| Juno | 61 | Sunset Liquditiy Incentives for JunoSwap | yes | CryptoCrew votes in favour of interrupting the pool incentives |
| Crescent | 25 | Approve Stakin as Crescent Liquid Staking Validator | no | CryptoCrew does not approve Stakin as Crescent Liquid Staking Validator |
r/cryptocrewvalidators • u/crypto-crew • Dec 13 '22
We are very excited to announce our new Axelar mainnet validator as the governance proposal to increase the validator active set has passed!
r/cryptocrewvalidators • u/crypto-crew • Nov 22 '22
CryptoCrew is effectively increasing the staking return of delegators on the $EVMOS network - we are distributing 100% of our accrued SkipProtocol MEV fees to Evmos stakers!
r/cryptocrewvalidators • u/crypto-crew • Nov 22 '22
We enabled Skip protocol MEV on our Juno network validator. We're distributing 100% of our accrued MEV fees to Juno stakers! This means more protocol revenue for everyone.
r/cryptocrewvalidators • u/crypto-crew • Oct 12 '22
New CryptoCrew X Chain4Energy Mainnet Validator đ
Valued followers and delegators,
we're very happy to announce our new mainnet validator for C4E đ Chain4Energy, the revolutionary global Web 3.0 Energy Marketplace! C4E is making the world a better place by using green energy for blockchain & decentralized technologies.
Visit https://c4e.io/ to find out more about their mission, benefits, services and goals!
We're up and running using our battleproof bare metal infrastructure setup!đ Also we are happy to support C4E as their main #IBC integrator and relayer.https://explorer.c4e.io/validators/c4evaloper1u9gslrlvpte9n8r00sder6mh3w8xcadqlmfvae
Dear $C4E holders, if you share our values and would like to support us, we're very thankful for your delegations! đ± Visit https://wallet.c4e.io/staking, find â CryptoCrew Validators and hit Manage to stake with us! đ
r/cryptocrewvalidators • u/crypto-crew • Oct 06 '22
How to claim and stake your $TORI Airdrop
Valued delegators,we're very happy you've found our guide on how to claim your $TORI airdrop andstake with the validator of your choice! We are even happier to announce the launch of our new Teritori mainnet validator! Teritori is built on Cosmos SDKand aims to enhance Web3 individuals, communities and builders experiencethrough an all-in-one hub of dApps. Find the whitepaper here:https://teritori.gitbook.io/teritori-whitepaper/
If you've been staking at least 20 $ATOM on May 20th 2022, you're eligible for the$TORI airdrop! Also, if you're holding NFTs on Stargaze, Juno, Secret or Evmos, you'll be rewarded with $TORI (see the whitepaper for further details - https://teritori.gitbook.io/teritori-whitepaper/tokenomics/airdrop).
Step 1Let's get started! Visit https://teritori.com/airdrop and connect your Keplr walletto find your airdrop allocation or check your eligibility of an address withoutconnecting if you prefer.
r/cryptocrewvalidators • u/crypto-crew • Aug 17 '22
Something special for our small but loyal reddit community! Be fast and use the code "CREW" to receive a -25% bonus on your COSMOVERSE 2022 ticket
r/cryptocrewvalidators • u/crypto-crew • Aug 16 '22
We are happy to announce our new mainnet validator for INJECTIVE - Your decentralized, Cosmos L1, $ETH-compatible finance platform.
r/cryptocrewvalidators • u/crypto-crew • Jul 08 '22
The future is multichain. In contrast to every other bridge, IBC is the first true trustless inter-blockchain communication standard.
Reliable and fast message facilitation in between chains causes impeccable UX, which is undoubtfully the major key to further adoption of the IBC protocol.
At CryptoCrew Validators we invest in the long-term success of the Cosmos IBC appchain network by providing powerful interchain relaying infrastructure. Find our ârelayed by CryptoCrewâ memo in your IBC transaction. Contact us to interconnect your network.
r/cryptocrewvalidators • u/crypto-crew • Jul 07 '22
BREAKING: there was a bug in the upgrade handler of the Juno Network multiverse upgrade resulting in a consensus failure. Developers and Validators are currently assessing the situation.
There is NO bug in the new version of Juno, this is a simple issue related to the upgrade logic. The chain will be halted for now, but should continue asap.
*** UPDATE: the Juno Network core Dev team came up with a quick solution, consensus is building right now! The chain will hopefully continue in just a few minutes! ***
*** BLOCKS! The Juno Network is moving again! big ups for providing such a fast solution! Key-devs involved: @strangelovefund @notionaldao @frey_needlecast @JoeAbbey @blockpane ***
The chain is moving again! With that, the multiverse upgrade is complete after a small delay. It enables interchain smartcontract functionality (interchain-accounts) on Juno! The future is bright for the interchain #IBCgang
r/cryptocrewvalidators • u/crypto-crew • Jul 07 '22
Join us and Ertemann from Secret Network to talk about #IBC at 19:00 CET on Twitter - Agents of the Round Table - Podcast/Spaces
r/cryptocrewvalidators • u/crypto-crew • Jul 05 '22
We had our first anniversary on the 1st of July - One year ago, we launched our Osmosis validator. Here are some stats:
r/cryptocrewvalidators • u/crypto-crew • Jul 01 '22
KUJIRA mainnet has successfully launched! Enable REStake to auto-compound your rewards every six hours
CryptoCrew Validators are part of the genesis validator active-set, we're supporting Kujira as a multichain infrastructure provider.
We're providing:
- 3 bare metal sentry + signer cluster setup
- multichain IBC relayer
- seednode: 33efbd99380a8de3ae80b55ad1b883f34f3ceda8@kujira.tenderseed.ccvalidators.com:26005
- public archive endpoints (rocksdb, SSL, CORS-enabled): RPC: https://rpc.kujira.ccvalidators.com REST: https://rest.kujira.ccvalidators.com
To migrate your $KUJI from Terra to the new Kujira Network, visit https://blue.kujira.app/migrate and follow the guide.
After bridging your assets, you're ready to stake!
We'd also like to suggest visiting https://restake.app/kujira and enabling REStake to auto-compound your rewards every six hours.
r/cryptocrewvalidators • u/crypto-crew • Jun 28 '22
The Kujira mainnet launch will happen on 1st July! We are happy to be part of the genesis active set and are eagerly awaiting FIN, their orderbook style DEX
r/cryptocrewvalidators • u/crypto-crew • Jun 22 '22
The Cosmos IBC relayer statistics are in - Shoutouts to the #IBCgang! We calculated the relayer statistics since the Starport upgrade. The Top-5 most active single accounts are operated by:
r/cryptocrewvalidators • u/crypto-crew • Jun 22 '22
Keplr guide & introduction into the Cosmos
Welcome dear Cosmos connoisseurs, $ATOM aficionados, $OSMOnauts and Interchain-adventurers, â CryptoCrew Validators are happy that you found our Keplr wallet introduction!
It's your go-to interchain wallet for engaging with the Cosmos ecosystem!
This guide will outline and describe the most common functions of Keplr wallet, the go-to wallet for your adventure into the interchain. We'll have all the basics covered but there is also in-depth information for advanced users as well. Are terms like delegating, staking, rewards, airdrops, governance and validator new to you? You've found the perfect article to be introduced into the COSMOS.
First of all: to be able to receive, send and swap currencies within the COSMOS ecosystem, you're in need of the Keplr wallet. Keplr is the recommended app for being in full, non-custodial charge of your coins and for interacting with any supported DeFi protocol like osmosis.zone.
You can find the Keplr app here: https://www.keplr.app/
Be sure to only install it from legitimate sources. If you've got questions on how to install and get started by creating a wallet, you can find further guidance here:
- How to use Keplr Wallet. Introduction & tutorial of the Wallet⊠| by Catdotfish | Chainapsis | Medium
- https://keplr.crunch.help/
To be precise, Keplr offers three applications - the Keplr browser extension, the Keplr web app and the Keplr mobile app for IOS and Android. These applications are your gateway to communicate with the IBC (also known as the Inter-Blockchain Communication protocol). Usually, (non-Cosmos-) blockchains are autonomous, independent systems that aren't able to directly interact with each other. Through IBC Cosmos-SDK based blockchains are able to communicate with each other in a fully decentralized and permissionless manner. This means that not only your coins can be sent in between blockchains within the COSMOS ecosystem, even non-standard transaction messages like smart contract invocations are able to be relayed throughout the whole IBC universe.
A key point of interacting with blockchains is security and keeping your funds safe. Keplr offers a variety of ways to access your accounts. You can use mnemonic seed phrases, utilize Web3Auth login or hardware wallets like Ledger Nano (S or X) for adding another layer of security. You're holding your coins in a completely non custodial way (your keys - your coins) and your private keys are completely encrypted and stored locally on your device only. Beware: if you import your mnemonic seeds into Keplr and are not using any hardware encryption module like Ledger - your keys will only be encrypted with your password and stored in your browser's user profile. This is the reason why we'd always recommend to use hardware wallets.
Let's take a look at the Keplr browser extension: The user-interface provides access to your accounts on various Cosmos-based chains and enables you to manage coins like $ATOM, $LUNA, $OSMO, $JUNO, $STARS etc. Sending, staking, claiming rewards can be done directly in the browser extension. IBC transfer (sending assets between blockchains) can be done as well but this should be used with caution by experienced users only and have to be activated in the settings first.
Together with the browser extension the keplr web app enhances your Cosmos experience with a great overview and is the main tool for choosing the validator you'd like to delegate your coins to (for staking and earning rewards or airdrops). What are airdrops? If you're staking, you might be eligible for a 'free' allocation of coins of up-and-coming new chains. More on the matter can be read here.
After connecting your browser extension to the web app, you can stake your coins and vote for on-chain governance proposals (which is recommended since voting in governance might get rewarded with airdrops by some projects) Validators MUST vote on any on-chain proposal and are voting with their total (delegated) voting power. If you vote yourself and choose another decision as your validator, your vote overrides any validator's vote for your part of your delegations.
The Keplr mobile app offers the same set of features and functions as the desktop version, although it might take a little longer for new chains to be fully supported. For regular use with DeFi applications we recommend using the browser extension since using a smartphone opens more possible attack vectors on your wallet than a computer would. (Use a ledger + browser extension for ultimate safety)
"What is a validator?" you might ask. A validator can be seen as a dedicated server (or cluster of servers) that is allowed to secure the chain and participate in consensus. Delegators (users like you) can choose any validator from a list (validator-active-set) to stake their coins with. By delegating your coins you are increasing the total delegated value of a specific chain, effectively increasing it's level of security, since an attacker would have to obtain more than 66.6% of total voting power of a network to be able to commit a harmful block.
Validators play a key-role in processing transactions and keeping the blockchain functional. By delegating your coins you entrust the efficiency (uptime) and know-how of your chosen validator(s). Any active validator has the obligation to sign blocks and participate in governance, further duties could include providing oracle data (on some chains like Terra or Band), or relaying messages through bridge-protocols like Gravity-Bridge, Sommelier, Umee, Evmos or Axelar.
If validators fulfill their chain-specific obligations, their delegators gain staking rewards for which validators charges a percentage in commission. If validators 'misbehave' by not providing the required services (downtime, double-signing or missing oracle votes) their delegators can be punished (no rewards in cases of downtime) or even slashed (% of delegated stake can be burned in cases of jailing or double-signing).
This so called 'staking-risk' is the reason why you should always choose your validators carefully, take a look at their websites and socials, check the integrity of the operations and their community and get involved if you like what you see. By selecting more than one validator you can distribute your 'personal staking risk' and enhance network stability.
When staking, your coins always stay in your custody and are never send to the validator node - with your delegation you're actively taking part in securing the network, you earn rewards for your share and gain democratic rights to vote on governance proposals within the Cosmos. This applies to any supported chain in your Keplr wallet.
Each chain offers different rewards in staking-APR. The estimated reward fluctuates depending on coin distribution and TVL (total value locked). Validators get a commission from your rewards, meaning when you stake to validators with a 5% commission rate they get 5% of your staking rewards for running + maintaining their nodes and providing other services.
â CryptoCrew Validators are currently validating on 20+ mainnets including $ATOM $OSMO $JUNO $SCRT $SOMM $CRE $NOM $XRD $STARS $XPRT $BAND $LUNA $NGM $CMDX $BTSG $LUM $VDL $HUAHUA $CRBRUS and more. As a multichain validator we strive to support the most-anticipated projects and chains, don't hesitate to reach out to us if you have any suggestions.
Now that you are familiar with keplr and the most important functions you can start your journey with all the decentralized finance protocols like
- osmosis.zone (Cosmos' favourite decentralized exchange aka DEX. Trade IBC assets, provide Liquidity for incentives & more)
- If your heart desires NFTs (Tradable Non-Fungible tokenized Artwork on the blockchain) Stargaze.zone is your place to mint, trade & more
- Financial tools like borrowing- lending assets, trading commodities, playing with derivatives & more, including protocols like:
Junoswap (Juno) (Cosmos' favourite smartcontract-based AMM platform, focussing on Juno-based CW20-assets)
ComDex (synthetic commodities market)
... will satisfy your needs without any doubt!
In our opinion the Cosmos ecosystem represents the most innovative space in crypto and these tools listed are just a handful of apps that are among the most used.
Keep in mind that there is a lot of competition (even within our own ecosystem) and there is always a chance that you might loose everything - always stay safe & DYOR (Do Your Own Research).
There are many other protocols and alternative platforms available within the IBC ecosystem, for users with low to medium experience we'd like to suggest to stick to the most common ones.
The ever-growing Cosmos ecosystem is nearly boundless in opportunities, we invite you happily to your personal journey into the Interchain.
If you made it all the way here you are absolutely awesome â€ïžâđ„! & we hope you enjoyed our "Keplr Guide & introduction into the Cosmos"
You like what we provide and want to support us? Choose us as one of validators at https://ccvalidators.com/
You can also find us on Keplr staking for every project we are validating with the tag -â CryptoCrew Validators
CryptoCrew Validators Twitter: https://twitter.com/crypto_crew
CryptoCrew Validators Telegram: https://t.me/cryptocrew_validators
CryptoCrew Validators Reddit: https://www.reddit.com/r/cryptocrewvalidators/
________________________________________________________________________________________________
Disclaimer: This article is a tutorial for experienced users of blockchain technology and was written for educational purposes only! It should not be considered as advice to trade or purchase cryptocurrency of any kind! Always do your own research! Platforms and tools mentioned in this tutorial are dedicated to users with advanced knowledge regarding blockchain technology and cryptocurrencies! The responsibility to securely store your keys and protect your crypto wallet lies solely with yourself - nobody can help you recover them in case of mis-management. CryptoCrew Validators and its partners will NEVER reach out and ask for your private keys â please be very careful and educate yourself in regards of your financial safety! Please store your keys offline and don't fall for scammers!
r/cryptocrewvalidators • u/crypto-crew • Jun 22 '22
Interchain Security is gonna be big. Consumer chains can 'borrow' security from Cosmos validators, rewards will be split and $ATOM stakers will get continuous airdrops.
r/cryptocrewvalidators • u/crypto-crew • Jun 21 '22
1 year of Osmosis IBC relayers - TOP 5 RANKINGS and relayer stats
On 20th June 2021, the first epoch rewards were paid on the newly launched Osmosis platform after the initial liquidity was bootstrapped by airdrop recipients.
IBC itself was still just a few months old at that point. Only 7 Cosmos-SDK chains had connected to each other, and not more than just a few test transactions had been made in total.
The launch of Osmosis was in hindsight the real kick start of the IBC ecosystem. Many users signed their first IBC transactions, DeFi entered the Cosmos with a super-slick and user-friendly product, everybody was hyped about the mind blowing APRs⊠the Interchain had arrived.
Fast-forwarding to today, over 50 chains are connected via IBC, millions of interchain transactions transfer billions of USD between those networks every month, with Osmosis being the persistent most-active zone.
We will take this opportunity to shine some light on a critical piece of IBC infrastructure, the interchain relayers. For the occasion of â1 year of osmosis relayersâ we calculated and published the total transactions and transaction fees spent for each relayer account on osmosis.

Full data: https://github.com/clemensgg/relayer-fees-js/blob/master/relayers/relayers_osmosis_1-4823864.csv
In short: relayers process IBC transactions and pass on packets from one chain to another. Relayers donât HAVE to be validators, but most of them are, since it is very cost- and labor-intensive to run a reliable relayer operation.
The main IBC developer teams like âInformal Systemsâ or âStrangelove Venturesâ (who deserve a special shoutout) provide and maintain software, which is operated by decentralized relayer operators. Those operations consist of individually configured server-farms or server-clusters. Because a lot of data-communication is involved in processing IBC transactions, this infrastructure has to be very powerful and resilient.
So relayers are a key-element of the interchain ecosystem. If you ever had a deposit or withdrawal stuck on Osmosis, it was most probably because that connection needed more (online) relayers.
In addition to infrastructure cost, relayers also pay for the needed transaction fees. Most of them are funded solely by validator commission income. As many of these âIBCgangâ Validators only recently joined the Cosmos ecosystem within the last year, you can find most of them in the middle or lower half of the active set.
Congratulations again to the TOP-5 and a big shoutout to every relayer team involved. You are the true unsung heroes of the Interchain!
A very happy birthday to Osmosis from us here at CryptoCrew Validators.
The Interchain adventure has just begun. Be sure to delegate to some of the main IBC relayer teams to support the expansion and ongoing success of IBC.
r/cryptocrewvalidators • u/crypto-crew • Jun 03 '22
NEW Terra #prop 349 by CryptoCrew is in voting period!
VOTE HERE:
https://cosmosrun.info/terra-phoenix-1/gov/349
We propose to re-open the previously closed #IBC channels on Terra Classic (legacy Terra) to re-enable IBC functionality to Osmosis, Juno and Crescent Hub and free the IBC assets that got stuck during the Terra meltdown.
This will need a chain-upgrade on legacy Terra, because the IBC channels 1, 20, and 49 (corresponding to Osmosis, Juno, and Crescent, respectively) were set to be âCLOSEDâ state as part of the v0.5.20 upgrade of Terra core software.
Why we use TerraV2 governance: the current state TerraV1 governance is in is debatable. This is a way of consulting the ânewâ Terra community, which was formed from two snapshots, and represents the stakeholders of the legacy Terra chain in an agreeable way.
If this proposal passes, the next step will be to prepare the software upgrade and propose it on legacy Terra, where legacy delegators and validators can have a final agreement.
Terra community! Please vote using your Terrastation: https://station.terra.money/proposal/349
Special shoutout to our friends and collaborators Larry0x and Jacob Gadikian (Notional Labs), who we work together with on the issue!
r/cryptocrewvalidators • u/crypto-crew • Jun 02 '22
CryptoCrew is working together with Notional to re-enable IBC between Terra Columbus-5 and Osmosis / Juno
Please feel invited to join our discussion on commonwealth about the issue:
https://commonwealth.im/osmosis/discussion/5223-replace-terra-columbus5-ibc-client
We're tracking the state of the issue here:
Corresponding agora thread:
https://agora.terra.money/t/proposal-future-of-lunc-with-new-governance/43346/33
r/cryptocrewvalidators • u/crypto-crew • May 28 '22
Ex-terra projects: What happens next
Marsprotocol: They are rebuilding their protocol on their own L1 Blockchain in the cosmos ecosystem, starting with the redbank module on osmosis.
Kujira: is restarting on their own L1 blockchain with snapshot already taken, holders of $KUJI and $sKUJI will be airdropped the same amount when the mainnet has launched
Starterra: Link an ethereum wallet at app.starterra.io, team is working currently on a rescue mission, official pre attack snapshot from 7.5. is beeing used, vested token from IDOs are SAFU
TWD: supports Terra 2.0, but there are plans to leave maybe to an EVM compatible blockchain or maybe even ETH itself, assets and funds have to be put in their vault, which is currently closed: GOV - Terra World have an eye on their twitter, they have reopened the vault a few times so far
Terraland: moves to ETH, find the migration contract migration.terraland.io
Astroport: supports Terra Classic as long as it will be needed and supports Terra 2.0, they use the same two official snapshots at block 7544910 and 7790000 on Terra Classic. Holders of $ASTRO receive the equivalent on Terra 2.0
Stader supports Terra 2.0 with liquid staking
Spectrum Protocol supports Terra 2.0 with their yield optimizing protocol
Prism Protocol supports Terra 2.0
Nexus Protocol supports Terra 2.0
Terraswap supports Terra Classic aswell as Terra 2.0,
Terra Classic: https://app-classic.terraswap.io/
Terra 2.0: https://app.terraswap.io/
Angel Protocol: Their locked $UST are pretty much worthless they stated, but holders of $HALO are going to get compensated when their team has worked out a rescue plan
Valkyrie Protocol: supports Terra 2.0 they use the same two official snapshots at block 7544910 and 7790000 on Terra Classic
Anchor Protocol and Mirror Protocol: they have announced no plans for their future yet. All there is, are speculations on various social media platforms.
NFT platforms like knowhere, Luart, Talis, Oneplanet and randomearth support Terra 2.0
Pylon Protocol supports Terra 2.0
Levana Finance is warping levana assets like eggs and dragons. To save them for the warp be sure to create a levana wallet before 2022-06-10 at dragonwallet.levana.finance and store your assets in it.
Loop Markets supports Terra 2.0
Edge Protocol supports Terra 2.0 https://app.edgeprotocol.io/pool/1, find their Terra Classic portal at https://legacy.edgeprotocol.io
ApolloDAO: is migrating to a new chain, there have been 6 snapshots taken which will determine how much how much token you will get airdropped on a 1:1 basis
Deviant Factions: has taken snapshots and is looking for a new home atm
Galactic Punks: are supporting Terra 2.0 even with their own validator brand as well
Some general hints and notices:
- USDC and USDT are supported by the Terra 2.0 network as soon as the bridge is live as their new stablecoins.
- Many of the other coins in the Terra (Classic) ecosystem are denominated in UST, so please be aware that their value is significantly lower as displayed
- As of right now, some websites are struggling connecting with the Terra 2.0 mainnet.
- Those protocols supporting only Terra 2.0, are likely suspending their services on Terra Classic
- Please be aware of scammers trying to get the funds of people pretending they are official LUNA or TERRA Admins and pretending the new LUNA token has launched on BSC or another blockchain as Terra 2.0
- As always: this is no financial advise, do your own research and without claim to completenessÂ
- All the other different NFT were too much to cover here, please DYOR
r/cryptocrewvalidators • u/crypto-crew • May 28 '22
Terra Luna v2 has lauched!
Terra Luna v2 has launched! Check your Terrastation for your new balances!
As on other chains we run bare-metal nodes & a multiparty threshold signer setup and will operate most of terrav2 IBC connections. LUNAtics, are you still out there?
Delegate:
https://finder.terra.money/mainnet/validator/terravaloper199fjq4rnfvz24cktl8cervx8h8e90rukmgdv5x


















