Volume AMA: Pigeon Feed Updates & Cosmos SDK 50.5 Progress Report

In this week’s AMA episode, Taariq Lewis @LewisTaariq, CEO of VolumeFi (


) talks about Paloma’s upgrade to Cosmos-SDK 0.50.0, the progress on Pigeon Feed, new Palomabots in the brew, and exploring opportunities in AI space.

The network’s upgrade to the latest version of Cosmos-SDK 0.50.0 is now in final testing bringing Paloma up to new levels of speed and capability at par with leading blockchains in the Cosmos ecosystem. Known to be the best version of Cosmos SDK, Paloma will be enabled for optimistic execution to expand throughput and process even faster bots.

The work on Pigeon Feed continues alongside the Compass EVM upgrade that will allow validators to claim their rewards on-chain for successful message relaying. New security measures will be put in place to eliminate a potential security risk of front-running claim transactions identified during testing.

Palomabots usage peaked at $300K in TVL in the past week alone. Volume is gearing up to launch more bots focused on LRTs and AVSs. Riding the wave of leveraging liquid restaking tokens and in partnership with Renzo Protocol, Paloma will be launching the Renzo ezETH bot for Curve.

In anticipation of EigenLayer’s debut to mainnet, plans are underway to build bots that work in conjunction with EigenLayer’s AVS features and releases.

Taariq welcomes everyone to Volume’s Twitter Spaces. He shares a reminder about Volume.

He underscores the importance of Pigeon Feed, Paloma’s online messaging marketplace, and despite the long road to bring it to life, it is all finally coming together.

Taariq congratulates all Pigeons as the network gears up to upgrade to Cosmos-SDK 0.50.0, bringing Paloma up to the speed and capabilities of leading blockchains such as Bera Chain, Injective, and Sei Protocol.

He thanks the Vitwit team for helping with end-to-end testing as the Paloma team takes over to begin test deployments across target chains and the upgrade to both testnet and mainnet.

Taariq notes that while the upgrade allows the network to be as fast as the speed of light, other factors need to be considered, such as the speed of network connections, the distance between data centers, and the compute capacity, RAM, and CPU used by validators.

After the completion of Pigeon Feed architecture last week, the work to upgrade Compass EVM begins to allow validators to claim their fees on-chain.

Compass EVM needs to be functional as it works on Pigeon Feed to keep track of what messages have been relayed, what tasks are successful, and the fees that need to be paid. This will ensure that Pigeons can claim their rewards for successful relaying without issue. A potential security risk of front-running claim transactions in the mempool was identified during testing. This will be swiftly addressed by refactoring the consensus code against the new Cosmos SDK 50.5 so that the relayer’s address becomes part of the consensus for a successful message relay. Taariq explains that once Paloma confirms a message was relayed successfully, validators will receive a deposit on their EVM address for the GRAIN rewards for that chain.

This will cause some delay on Pigeon Feed while Cosmos-SDK 0.50.0 undergoes more work and testing. Pigeon will include new security measures allowing validators to collect their rewards and immediately get paid upon confirmation of relay success.

Volume is preparing to launch more bots as Palomabots continue to get more usage. In partnership with Renzo Protocol, plans are underway to launch a new bot with Curve. Riding the wave of leveraging liquid restaking tokens, the Curve Renzo ezETH bot will be a Llamalend bot to be launched on Ethereum.

EigenLayer is coming to mainnet in the next quarter and once Pigeon Feed is upgraded, Taariq announces plans to build bots that work in conjunction with EigenLayer’s AVS features and releases.

Once Pigeon Feed comes online, validators can set their fees. Paloma will assign tasks to validators based on their execution and fee level. In essence, Palomabots will be paying validators for that execution.

Pools will be created on all target chains after Pigeon Feed goes live so that validators will be paid in GRAINS. There will be a market for GRAINS because Palomabot users will have to buy grains in the open market on the DEXs and then pay for execution with those GRAINS. Taariq assures that GRAIN prices will have movement as bots come online.

Taariq explains that the goal is to chase a perpetual growing revenue stream from this as well as new use cases for Paloma on the target chains.

He reports that Palomabots peaked at $300k in TVL, and not just volume, across the Paloma Chain during last week alone. He emphasizes that TVL is value-locked and that TVL will continue to grow with all the bots.

Where does Paloma stand in the AI narrative? Taariq states that people are launching big data collections for external GPU compute. Paloma is exploring ways for letting people use Paloma to automatically move their GPU compute from one external GPU compute, for example, from a Kash to



Renzo ezETH bot will be the leading bot for the launch of the Paloma EVM.

He adds that if Paloma can automate AI interactions it will be a win for Paloma validators. There will be more use cases around AI and integrating into the AI stack for infrastructure automation.

Taariq thanks everyone for tuning in to today’s AMA episode. He looks forward to the coming big upgrade and bringing Pigeon Feed online. He assures that once Pigeon Feed is out, it will be a full market. If Pigeon Feed has pools on the target chains, there will be price discovery and demand.

Stay tuned for the next AMA!

To find out more about Volume, check out Volume Finance (


), join the Discord (

), and follow us on Twitter (@Volumefi). Check out Paloma Chain on




), follow them on Twitter (@palomachain), and join the flock on Discord (

). Coo!