PALOMA DAILY ANNOUNCEMENTS 1/1/2025
COO! COO! Happy New Year, Pigeons! Don’t forget to vote your Grains! Paloma upgrade is coming tomorrow, January 2, 2025. Let’s COO!
HOW-TO VOTE WITH A PALOMA AI LIGHTNODE:
Vote on Governance Proposals on the Paloma Network
Paloma LightNodes makes it easy to vote on proposals from on-chain governance. Governance is how Paloma GRAIN holders influence changes in the protocol and its parameters.
To vote on a governance proposal, use the command
Mac & Linux:
sh ~/Downloads/setup.sh vote-proposal 156 yes
Windows
docker run --rm --pull=always -ti -v $env:USERPROFILE\\paloma-lightnode:/root/lightnode palomachain/lightnode-client:v2 vote-proposal 156 yes
PALOMA v2.4.1 UPGRADE VOTE IS OUT: COSWMASM HANDLERS FOR AUTOMATED TOKEN GENERATION ARE COMING
PIP 114 and Proposal 156 are published today. Please be sure to vote your GRAINs. Paloma is moving to automated token minting and bridging of tokens. Why? Paloma is targeting Web2 TikTok creators to launch tokens on Paloma’s Got Talent. Token creation MUST be automatic for bonding curve trading, AMM trading, as well as cross-chain bridging. Please vote your GRAINs. LightNode users can vote too. Please check your lightnode commands. PIP for the upgrade is here:
PALOMA UPGRADE CHAIN HALT SCHEDULE FOR JANUARY 2, 2025: VALIDATORS GET READY
Validators! Paloma will chain halt to upgrade on January 2 and 21:00UTC at block height
2963666
. To avoid failure to upgrade in a timely manner, please check your upgrade scripts and ensure that you validator is ready to upgrade at chain halt. View details on the Block height here:
. The latest version of Paloma Release is here:
PALOMA TRANSACTION FEES: PALOMA WILL BE REMOVING TRANSACTION FEES, BUT KEEP GAS.
Paloma GRAIN token requires massive usage in order for the chain to be competitive in the blockchain EVM and Cosmos space. Cosmos transaction fees, payable to validators, hurt the ability of the protocol to compete against low-gas fee L2s. Paloma protocol team will be moving towards creating a module to remove transaction fees via governance. This will also help validators suffering transaction fee consumption on relay transactions activity. Paloma will still keep gas as anti-spam feature for the chain.
GET FLYING WITH THE LATEST
Chain-id name: `tumbler’
Latest versions: Paloma v2.4.1 & Pigeon v2.3.3 and Compass v2.0
Mainnest - tumbler; Testnet - paloma-testnet-16
Mainnest Chains: ETH, BNB, MATIC, OP, BASE, GNOSIS, ARBITRUM
Paloma Nest Wallet v 1.4.1 (beta)
JOIN THE VOLUME AND PALOMA TEAMS
Volume & Paloma are hiring! See our job description live here:
https://volume.finance/careers/
REMINDER:
Paloma is open-source software. You are responsible for your private key security on Paloma Chain, Ethereum Mainnet, BNB Chain, Optimistic Ethereum, Base, Gnosis, and Polygon Mainnet. Please secure your keys and do not share any personally identifiable information in the chat when posting screenshots. Please do not ask the Volume team for tokens.