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Symbiosis DAOSymbiosis DAOby0x04fDE790D26Da69AA9178249EAD6863977684e9D0x04fD…4e9D

[SIP-14] Symbiosis Meets Scroll: The Next Big Step in Ethereum Scaling

Voting ended over 2 years agoSucceeded

Context

Scroll is an avant-garde EVM-equivalent L2 scaling solution for Ethereum. Utilizing ZK technology, Scroll offers a swifter and more efficient transaction process while upholding the robust security inherent to the Ethereum blockchain.

The recent collaborative marketing campaign between Symbiosis and Scroll, focusing on the Scroll Testnet, has garnered significant user interest, highlighting the potential of this network. The Scroll Mainnet deployment is in progress, and an official launch announcement is anticipated shortly.

Proposal

  • Add Scroll to the Symbiosis protocol. The integration includes the following: The stablecoin on Scroll to operate will be USDC.
  • Incorporate support for the new blockchain within the Symbiosis protocol. This entails adding the new stablecoin and WETH 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 Scroll.
  • Implement routing via existing DEXes on Scroll.

Key points

  • The launch of Scroll Mainet is highly anticipated. Its support will bring high waves of transactions and assets to the Symbiosis protocol.
  • Symbiosis will be the first among the bridges for this network.
  • Scroll is an EVM-compatible chain, so its integration into the Symbiosis protocol can be done quickly.

Off-Chain Vote

Yes
25.34K veSIS78.3%
No
7.01K veSIS21.7%
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Timeline

Oct 16, 2023Proposal created
Oct 16, 2023Proposal vote started
Oct 17, 2023Proposal vote ended
Oct 26, 2023Proposal updated