PIP-109: 7 Votes to set Paloma GRAIN ERC-20 on Target EVM Chains
Status: Proposed
Author(s): @BoweryKing
Type: EVM Proposal
Discussions-to: Governance - Paloma
Created: 10/28/2024
Simple Summary
Vote to set the Paloma GRAIN token address on the target EVM chains for Ethereum, Arbitrum, Optimism, Base, Polygon, BNB, and Gnosis with the verified contracts on each chain.
Abstract
The GRAIN token is ready to be activated on multiple target chains for Paloma Skyway Bridge testing of relay and transfer of ERC-20 tokens between Paloma and the supported EVMs. The objective will be to prepare the GRAIN token for listing on multiple DEXes on the target chains to ensure Paloma can execute token liquidity operations across numerous chains and multiple dexes.
Technical Specification
Paloma GRAIN token addresses on each chain
EVM_CHAIN=arbitrum-main
TOKEN_ADDRESS=0x14bf98912DE60F75E5d48E13256ED291366e25b4
EVM_CHAIN=base-main
TOKEN_ADDRESS=0xD6E2433eFeEA4b7711e6D98Ed108E40956E90e30
EVM_CHAIN=bnb-main
TOKEN_ADDRESS=0x8Ef5AED6abecda200CE7A0f2515ed5f77939394F
EVM_CHAIN=eth-main
TOKEN_ADDRESS=0x7587b472fD3d57aDB4cb402BD831b3d2A3F6e0E6
EVM_CHAIN=gnosis-main
TOKEN_ADDRESS=0x54b85b664C3E0a53d290EAB71e287693e5Dfe7c5
EVM_CHAIN=matic-main
TOKEN_ADDRESS=0x61835639c8468E6E081009e5Ae1CD1A7404882cb
EVM_CHAIN=op-main
TOKEN_ADDRESS=0x85c575B41F1F0Dd7712cB831489e0C2B3da0d343
How to submit the proposal
Run the following governance command for EACH CHAIN.
palomad tx gov submit-legacy-proposal skyway set-erc20-to-denom \
"$EVM_CHAIN" \
"ugrain" \
"$TOKEN_ADDRESS" \
--title "Link deployed ERC20 GRAIN token" \
--summary "Link the address of the deployed ERC20 GRAIN token against ugrain." \
--deposit 10000000ugrain \
--fees 3000ugrain \
--gas auto \
--from Volume \
--yes
How to Vote on Proposals 136, 137, 138, 139, 140, 141, 142
**Paloma Client:**
palomad tx gov vote 136 yes \
--chain-id tumbler \
--from <Your Paloma Address> \
--fees 400ugrain \
--node <Your node> \
-y
**Paloma LightNode Users of V2 Only:**
1. Windows
docker run --rm --pull=always -ti -v $env:USERPROFILE\paloma-lightnode\.paloma:/root/.Paloma palomachain/lightnode-client:v2 vote-proposal 136 yes
1. Mac, Linux & VPS
sh $HOME/Downloads/setup.sh vote-proposal 136 yes
Motivation
With this vote, Paloma will deploy the GRAIN token to the target chains and prepare testing of GRAINs across the EVMs.
Paloma wants to be the fastest relay chain in the world with the most decentralized network of validators that can attest to any transaction with the fastest possible execution. Paloma aims to make it easy for developers to control smart contracts on any Solana, Ethereum L1, L2, and L3 chain.
To learn more about Paloma, please visit https://palomachain.com
To follow the project on Github, please star the project GitHub - palomachain/paloma: The fast blockchain messenger protocol
To participate in the community, please join the Paloma Discord: Paloma