LikeCoin chain upgrade
- v3.0.0 Starferry
- Successfully upgraded as planned on 2022.07.21
- Cosmovisor worked smoothly
- roughly 53 mins down time
- supports NFT blindbox and marketplace features
- Roadmap (time table not fixed yet)
- upgrade to the cosmos-sdk version 0.46.x (0.46 was just released)
- Target to support x/authz to enable Writing NFT fully on-chain
dao.like.co upgrade
- deploying staage 1 as dao-beta.like.co
- feature set is roughly same as https://dao.like.co
- https://github.com/oursky/likedao
- demo:
Treasury
- bookkeeping always publicly available at (pinned in #techsubdao of Discord): https://docs.google.com/spreadsheets/d/1oefPBR3wtTaf_uQorQYmYA-fv6kpF6uOzRtGjILnSv0/edit?usp=sharing
- HKD 159,436 account payable to OurSky
- Proposal 51 which requests for 20,000,000 LIKE was rejected due to unreached quorum (39.x%/40%)
- Proposal 53 reduces the fund request to 15,000,000 LIKE. It is in voting period, has collected enough quorum and Yes votes and is expected to pass on 2022.08.04
- Since today, there is no further dev cost expected for a period of time. Tech subdao will take some time to collect opinions from the community.
Summary since inception
Since the inception in March and till 2022.08.01 (included), Tech Subdao has:
- requested from community pool:
- 2022.03.07 proposal 40: 2,000,000 LIKE
- 2022.04.20 proposal 45: 3,000,000 LIKE
- 2022.05.29 proposal 47: 20,000,000 LIKE
- 2022.07.12 proposal 51: 20,000,000 LIKE – rejected
- 2022.07.26 proposal 53: 15,000,000 LIKE – expected to pass
- total (assuming proposal 53 shall pass): 40,000,000 LIKE
- funded developments
- OurSky – LikeCoin chain: HKD 534,625 (94 man-days)
- LaiChiKok: like1 prefix, Cosmovisor – HKD 312,812.5 (55 man-days)
- StarFerry: NFT – HKD 221,812.5 (39 man-days)
- part of it was handed over from proposal 33 to Tech Subdao for management
- OurSky – DAO revamp: HKD 642,688 (113 man-day)
- Liker.Social – register ISCN: USD 545.28 (3 man-days)
- LikeCoin faucet – 10,000 LIKE (for new users)
- OurSky – LikeCoin chain: HKD 534,625 (94 man-days)
Evaluation
- chain development
- both LaiChiKok and StarFerry upgrades are cost efficient
- being the most fundamental piece of infrastructure, totally reasonable to be taken care of by Tech Subdao and community pool
- dao.like.co revamp
- under-estimated the cost and time needed. “Cost-performance ratio” is lower than chain development.
- only managed to launch phase 1 with features on par with the existing dao.like.co, though with better interface and minor feature enhancements
- whenever possible, better leverage on partnership with parties like Mintscan and Big Dipper
- with the expected support of LikeCoin chain from Mintscan and Cosmostation, revamp of dao.like.co is suspended for now
- further maintenance will be taken up by Liker Land (limited resources due to voluntary nature)
- Liker.Social ISCN registration
- very cost efficient