PIP Name: PIP-37: Paloma Messenger Support for BASE
Status: Proposed
Author(s): @LARRY
Type: EVM Proposal
Discussions-to: PIP-37: Paloma Messenger Support for BASE
Created: 08/10/2023
Simple Summary
Activate BASE deployment of the Paloma Compass-EVM vyper contract via the Paloma validator set. Direct the Pigeons to initiate valset updates on Coinbase ETH L2 BASE from the Paloma Messenger Mainnet to launch the newest Paloma bots for executing secure, remote trades on the BASE network and the decentralized exchanges launching there.
Abstract
This will be the first time that Paloma mainnet will be deployed to BASE. This effort will allow the current Paloma validators to add or reconfirm the endpoints for chains that we believe will have liquidity and demand for secure cross-chain messaging. Our proposal for the governance vote is as follows:
Motivation
Paloma is meant to monitor and deliver messages across multiple blockchains that host the most liquidity transactions. The BASE chain hosts the BaseSwap and Paloma’s validators aim to land their flock of pigeons to monitor and secure transactions on its first Ethereum L2.
Specification Overview
Pigeons will need to update their .pigeon/config.yaml with the details for the Base Mainnet and Pigeons will need to ensure that they have 0.01 ETH available on their Base wallets and 0.01 ETH in the Ethereum wallets, which are already provisioned supporting the Ethereum mainnet.
Technical Specification
- For the BASE blockchain, we will run the governance command to propose governance for the new EVM chain using the block height 2430000 and at block hash 0x8db2ec3713f3e1e3db3357232840b9059dcec3a73b84bf97ca29fe6c60812e37 from Base Explorer at https://basescan.org/
- The BASE ChainID is 8453.
palomad tx gov submit-legacy-proposal evm propose-new-chain base-main 8453 1000000 2430000 0x8db2ec3713f3e1e3db3357232840b9059dcec3a73b84bf97ca29fe6c60812e37 \
--title "PIP 37 - Paloma Mainnet Support for Base EVM blockchain." \
--description "Add Paloma mainnet messenger-client support for the Base mainnet EVM for pigeons to send smart contract control messages via the Paloma blockchain." \
--deposit 10000000ugrain \
--fees 400ugrain \
--gas 400000 \
--from=<Paloma Address> \
--chain-id=messenger \
--yes
- Pigeons will also have to update their ~/.pigeon/config.yaml file to add the new EVM-chain, information for Base.
Pigeons query the Base chain and query for the submitted block height and block hash sent by Paloma and compare them to confirm they are on the right chain for Pigeon.
If someone misconfigured their files, it would throw an error that the block height and hash are not matched.
base-main:
chain-id: 8453
base-rpc-url: ${BASE_RPC_URL}
keyring-pass-env-name: BASE_PASSWORD
signing-key: ${BASE_SIGNING_KEY}
keyring-dir: ~/.pigeon/keys/evm/base-main
gas-adjustment: 1.2
tx-type: 2
- Pigeons will need to set up up their Base EVM Keys. Don’t forget your passwords!
pigeon evm keys generate-new ~/.pigeon/keys/evm/base-main
or import existing you existing Base EVM private keys
pigeon evm keys import ~/.pigeon/keys/evm/base-main
Wallet Funding Requirement
BASE-MAIN: This wallet will require 0.001 ETH for funding. Volume will provide 0.01 BASE-ETH to all Paloma Validators on their accounts to help them get ready for BASE deployment of Compass-EVM . Paloma Foundation will refund payments daily based on balances spent from Paloma main chain use.
Rationale
The newly launched Coinbase network, Base, has untapped potential for automation of trades. We look forward to bring Paloma to Base mainnets from the Paloma messenger mainnet.
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
About Paloma
Paloma Protocol is a Cosmos-SDK blockchain protocol custom-built for omnichain communication that allows permissionless controls of any contract on any chain. Built by Volume, Paloma delivers the world’s first intelligently scheduled and automated smart contract transaction execution for the Cosmos ecosystem. The protocol enables developers to remotely control the transmission of value without the need to wrap, bridge tokens, or trust validators with their digital assets. Led by founding members of Sommelier, Paloma is building the primary
communication layer of Web3.
