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Kwenta Kwenta by0x0c4EA5F0219fbC4Decf9536463524953Cd75F0cB0x0c4E…F0cB

KIP-96: Kwenta deployment on new chains

Voting ended over 2 years agoSucceeded

Simple Summary

Kwenta can automatically launch on any network supported by the Synthetix protocol.

Abstract

This KIP outlines the potential for Kwenta to launch on any blockchain that Synthetix supports. As the multi-chain ecosystem evolves and Synthetix diversifies its presence, it becomes paramount to ensure Kwenta's compatibility and seamless operation on these chains.

Motivation

As Synthetix broadens its multi-chain presence, it's imperative for Kwenta to deploy on these supported networks seamlessly. This strategy elevates the user experience regardless of blockchain choice, ensuring continuous service and tapping into the richness of diverse communities. Still, it also bolsters scalability, security, and the protocol's innovative stature. By diversifying across various networks, Kwenta reduces reliance on a single platform's stability, harnesses the distinctive features of each chain, and fortifies its position in the ever-evolving DeFi landscape.

Specification

For more information, visit the: Kwenta State Log

Off-Chain Vote

Pass
4 EC-NFT80%
Reject
1 EC-NFT20%
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Timeline

Sep 12, 2023Proposal created
Sep 12, 2023Proposal vote started
Sep 26, 2023Proposal vote ended
Oct 26, 2023Proposal updated