Collaboration with CryptoCrew for guaranteed Relayer SLAs
Details
Description
Summary
CryptoCrew is proposing to guarantee IBC Relayer Service Level Agreements for major IBC channels on Persistence. This XPRT community spend proposal has been drafted with the objective of enhancing the reliability and performance of relevant ICA (InterChain Accounts) and IBC-transfer channels for a period of 3 months, as they are a crucial part of the core functionality of the pSTAKE and Dexter product suites.
Proposal
Following the feedback provided on the Persistence forum, the proposed term of the service mandate is 3 months, starting 1st January 2024. It has been voiced that the Persistence community strives to establish an Infrastructure Operations DAO, capable of overseeing service contracts with various providers in the long term.
Until such a DAO is formed, CryptoCrew proposes to deploy their efficient and reliable Relayer systems to secure enhanced throughput and service quality on major Persistence IBC channels in the interim.
Scope of service:
- IBC relaying for 6 chains (incl. Transfers & ICA): Channels may vary, but starting with CosmosHub, Osmosis, dYdX, Noble, Kava, and Neutron
SLAs offered:
- Uptime: 99% (within the last 30 days)
- Alert Response: Within 30min for pagerduty alerts
- Incident management: 24/7 incident response team
- Redeployment readiness: At any given day
Funding request amount calculation 2023/12/21:
| Amount in USD | 17,400 |
|---|---|
| XPRT 30d-TWAP (close) | 0.3009 USD |
| Amount in XPRT | 57,826.52 XPRT |
| 10% safety margin* | 5,782.65 XPRT* |
| Total funding request | 63,609.17 XPRT |
*any unused safety margin amount will be refunded.
Proposal Details on IPFS: https://ipfs.io/ipfs/QmTCFts9VQao58VjcDkFvUAa6yerheew5Mjh79e9MbuTHE
Persistence Forum post: https://forum.persistence.one/t/collaboration-with-cryptocrew-for-guaranteed-relayer-slas
Voting
- By voting YES, you agree with the proposed community pool spend for the guaranteed Relayer SLAs with CryptoCrew.
- By voting NO, you disagree with the proposed community pool spend for the guaranteed Relayer SLAs with CryptoCrew.
- By voting NO WITH VETO, you think this is a SPAM proposal or harmful in any way, and the proposal's creator should lose their deposit.
- By voting ABSTAIN, you choose not to participate in this proposal's voting; however, you contribute to the quorum.
Votes