PALOMA DAILY ANNOUNCEMENTS 1/9/2025
COO! COO! Paloma upgraded again this week, with Paloma v2.4.2 out. Now, Paloma has Cosmwasm bindings for legacy scheduled jobs as well as new jobs. Paloma also now has smart contract support for token bridging to the EVM via Skwyay.
PALOMA V2.4.2 RELEASE IS OUT WITH VOTE FOR MONDAY UPGRADE & CHAIN HALT
Paloma v2.4.2 release is out. This upgrade includes refactoring the Cosmwasm handlers for scheduling jobs and minting and burning tokens from the token factory. This release also fixes bugs related to that feature introduced in v2.4.1. Validators are encouraged to vote and prepare for the upgrade on Monday.
HOW-TO VOTE WITH A PALOMA AI LIGHTNODE FOR PROPOSAL 157
To vote on a governance proposal, use the command
Mac & Linux
sh ~/Downloads/setup.sh vote-proposal 157 yes
Windows
docker run --rm --pull=always -ti -v $env:USERPROFILE\\paloma-lightnode:/root/lightnode palomachain/lightnode-client:v2 vote-proposal 157 yes
PALOMA TRANSACTION FEES: PALOMA WILL BE REMOVING TRANSACTION FEES, BUT KEEP GAS.
The specification for removal of transaction fees 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.