PALOMA DAILY ANNOUNCEMENTS 06/19/2025
COO! COO! Coongratulations, Paloma upgrades today to v2.4.12 with new jailing features for RPC failing validators. Additionally, the Paloma Foundation has increased the delegation stake to validators that have historically attested to cross-chain logic calls and submitted batches. After the upgrade, Paloma Foundation will increase its stake in unjailed and high-performance validators. Other votes include new Paloma LightNode Vyper contracts. LightNode sales are back. Additionally, we have updated the nonce on Arbitrum as we test ETF token trading on PalomaDex this week. Let’s COO!
PALOMA FORKS TO PALOMA V2.4.12. 20 VALIDATORS ARE READY!
Paloma will chain halt and upgrade today to Paloma v2.4.12. This new release increases the jail time for validators that fail to attest to cross-chain messages. Jail time increases are as follows:
These are defaults and are set in governance. The community may vote to change them. This change is necessary to encourage validators to upgrade their RPC endpoints, ensuring fast and accurate attestation. The Volume and Paloma teams need to onboard more cross-chain token-launchers. This change ensures that the protocol can perform as needed.
PALOMA FOUNDATION INCREASES STAKE TO HIGH-PERFORMANCE VALIDATORS
The Paloma Foundations will start to delegate stake to validators that perform well under the new Paloma v2.4.12 jailing requirements for cross-chain logic calls and Skyway Batches. Increased jail times substitute for slashing, but will mean that validators with substantial stakes will need to wait 12 to 24 hours to rejoin the network. Thus, to avoid network relay consensus failure, Paloma will require that at least 60% ofthe total stake is performing cross-chain attestation. Thus, the Paloma Foundation has started to delegate increased stake to high-performing validators. Coongratulations validators!
PALOMADEX TESTING OF ETF TOKEN TRADING BEGINS AFTER PALOMA UPGRADE
Testing on
will restart once Paloma has upgraded to Paloma v2.4.12. This testing will focus on confirming that anyone can trade ETF tokens on Palomachain as well as create token portfolios consisting of two ETF tokens. In addition, we will be launching staking incentives on Palomadex to help users lock up liquidity and initiate the positive feedback loop for building an ecosystem of RWA assets on Paloma in the next few weeks. Let’s COO!
PALOMA CHAIN PARAMETERS
Chain-id name: `tumbler’
Latest versions: Paloma v2.4.12 & Pigeon v2.3.4 and Compass v2.0.1
Mainnest - tumbler; Testnet - paloma-testnet-17
Mainnest Chains: ETH, BNB, MATIC, OP, BASE, GNOSIS, ARBITRUM
Paloma Nest Wallet v 1.4.1 (beta)
JOIN THE VOLUME AND PALOMA TEAMS
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.