PIP-112: 7 Votes to Upgrade Paloma GRAIN ERC-20 on Target EVM Chains to fix Balances
Status: Proposed
Author(s): @BoweryKing
Type: EVM Proposal
Discussions-to: Governance - Paloma
Created: 11/15/2024
Simple Summary
Vote to upgrade the Paloma GRAIN token addresses on the target EVM chains for Ethereum, Arbitrum, Optimism, Base, Polygon, BNB, and Gnosis with the verified contracts on each chain to fix issues with token balances in the current versions of the ERC-20 contracts.
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 multiple chains and multiple dexes. This vote will upgrade the Paloma GRAIN token addresses on the target EVM chains for Ethereum, Arbitrum, Optimism, Base, Polygon, BNB, and Gnosis with the verified contracts on each chain to fix issues with token balances in the current versions.
Technical Specification
Paloma GRAIN token addresses on each chain
EVM_CHAIN=arbitrum-main
TOKEN_ADDRESS=0xAA923553a48dCfb9582Df8A777d9b1872A73640B
EVM_CHAIN=base-main
TOKEN_ADDRESS=0x1eD7d3c06190048CF9DCCd578Ca6B84B93BCa543
EVM_CHAIN=bnb-main
TOKEN_ADDRESS=0x20b48A4Be1430C2A32AD8090d5C6019A2f17A634
EVM_CHAIN=eth-main
TOKEN_ADDRESS=0x0214cBFffc85B6A856aF4945a5c468F06bCBE492
EVM_CHAIN=gnosis-main
TOKEN_ADDRESS=0xf5F9A1af90C85b7D28De336e9a728027e1E1C179
EVM_CHAIN=matic-main
TOKEN_ADDRESS=0xB79B1FC72dbD9E2F840B4a008bcc44F5d7956226
EVM_CHAIN=op-main
TOKEN_ADDRESS=0xeC4fAF01497d63CedbAbF75EcbE649a421d28Fd8
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 146, 147, 148, 149, 152, 153, 154
**Paloma Client:**
palomad tx gov vote 146 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 146 yes
1. Mac, Linux & VPS
sh $HOME/Downloads/setup.sh vote-proposal 146 yes
Motivation
With this vote, Paloma will deploy the upugrade ERC-20 GRAIN token contracts to the target chains and prepare testing of GRAINs across the EVMs as well as to Solana.
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