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Symbiosis DAOSymbiosis DAOby0x5221FE845a6eb381AF787196D70cDA5Cda6DECE4bafomed.eth

Proposals

Voting ended over 2 years agoSucceeded

Context Astar Network is Japan's most popular smart contract platform, supporting both EVM and WebAssembly (Wasm) environments, and interoperability between them using a Cross-Virtual Machine. Astar Network is friendly to all kinds of developers, and the tools and languages they already know. Backed by the shared security of Polkadot, Astar shines brilliantly on its own within a vibrant and healthy ecosystem, and in the blockchain industry overall driving international corporate adoption, and consumer interest in Web3 technologies. Astar zkEVM is a zero-knowledge scaling solution for Ethereum that offers an EVM-equivalent environment on which existing EVM smart contracts, developer tools, and wallets can work seamlessly. Astar zkEVM harnesses the power of zero-knowledge proofs to reduce transaction costs and increase throughput, while inheriting the security of Ethereum. Solidity developers are right at home on Astar zkEVM. Simply switch to the zkEVM RPC, and start building!

Proposal Integrate Astar zkEVM into the Symbiosis protocol. The integration includes the following: The stablecoin on Astar zkEVM to operate will be USDT. Incorporate support for the new blockchain within the Symbiosis protocol. This entails adding the new stablecoin and ASTR token to the Symbiosis AMM DEX on the host chain. Concurrently, the Symbiosis relayer network should begin interfacing with the newly integrated blockchain. Deploy and tune Symbiosis contracts on Astar zkEVM.

Key points Developers can deploy existing contracts from other EVM chains to the zkEVM, and users are able to deposit assets from Ethereum to transact on the zkEVM in batches, which are ultimately finalized through novel use of zero-knowledge proofs. Native account abstraction means developers can craft user interfaces that are more intuitive and web2-like, that eliminate complexity and drastically simplify the onboarding process. The competitive gas fees offered by Manta Pacific could attract DeFi users. As an L2 EVM chain, Astar zkEVM can be seamlessly integrated into the Symbiosis protocol.

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Off-Chain Vote

Yes
18.27K veSIS100%
No
0 veSIS0%
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Timeline

Oct 31, 2023Proposal created
Oct 31, 2023Proposal vote started
Nov 03, 2023Proposal vote ended
Sep 30, 2025Proposal updated