Upgrading Dexter Smart Contracts for Enhanced Functionality
passed
Expected result
—
Turnout / Quorum
77.01% / 40.00%
Voting start 2024.04.30 at 09:04:42
Voting end 2024.05.05 at 09:05:42
95.64%
101 719 224 xprt
Yes
0%
0 xprt
No
0.00%
98 xprt
Veto
4.36%
4 638 214 xprt
Abstain
Details
Proposer
persistence1eld9dngat...
Total deposit
3 500 xprt
Submit time
2024.04.30 at 09:04:42
Deposit end time
2024.05.01 at 09:05:42
Description
This proposal outlines the upgrade of Dexter smart contracts on the Persistence chain to improve functionality and user experience.
Upgrade Details
The upgrade focuses on four key areas:
-
Improved Stableswap Math:
- Integrates integer-based calculations for stableswap functions.
- Enhances handling of smaller inputs and ensures closer alignment with the curve's stableswap math.
-
Spot Price Methods for SKIP Integration:
- Introduces spot price methods to facilitate integration with the SKIP to power ibc.fun token swaps using Dexter.
- This integration will be crucial for future functionalities and expansion of the Persistence ecosystem.
-
Simplified Slippage Parameters:
- Removes unnecessary max-spread checks from the Stableswap function.
- Streamlines slippage parameter configuration, improving usability for external integrations.
-
Cosmwasm Security Enhancements:
- Upgrades the underlying Cosmwasm standard library to incorporate the latest security patches.
- This upgrade strengthens the overall security posture of Dexter smart contracts.
Impact on Existing Pools
This upgrade encompasses a comprehensive overhaul, affecting all existing pools, the router contract, and the vault contract. To ensure a smooth transition, the proposal outlines the following:
- Code Version Updates: Contracts on the current version will be updated to the new version as highlighted below:
| Code Name | Existing Code ID | Existing Code Version | New Code ID | New Code Version |
|---|---|---|---|---|
| Dexter Vault | 3 | v1.0.0 | 15 | v1.1.0 |
| Dexter Router | 6 | v1.0.0 | 16 | v1.1.0 |
| Stableswap Pool | 8 | v1.0.0 | 18 | v1.1.1 |
| Weighted Pool | 7 | v1.0.0 | 17 | v1.1.1 |
- Upgrade Process: The upgrade will seamlessly migrate existing pool configurations. It will also ensure that new pools are created with the new code ID.
| Contract | Address | New Code ID |
|---|---|---|
| Dexter Vault | persistence1k8re7jwz6rnnwrktnejdwkwnncte7ek7gt29gvnl3sdrg9mtnqkstujtpg | 15 |
| Dexter Router | persistence132xmxm33vwjlur2pszl4hu9r32lqmqagvunnuc5hq4htps7rr3kqsf4dsk | 16 |
The summary of pool contract upgrades are:
| Pool ID | Pool | Type | New Code ID | Contract Address |
|---|---|---|---|---|
| 1 | stkATOM-ATOM | Stableswap | 18 | persistence1335rlmhujm0gj5e9gh7at9jpqvqckz0mpe4v284ar4lw5mlkryzszkpfrs |
| 2 | ATOM-XPRT | Weighted | 17 | persistence14ph4e660eyqz0j36zlkaey4zgzexm5twkmjlqaequxr2cjm9eprqsnnszg |
| 3 | PSTAKE-XPRT | Weighted | 17 | persistence1g3acw7aumaj3r348cqn4kazrehlmn822w9p46sqwztnke27h3lyshald7p |
| 4 | USDC-USDT | Stableswap | 18 | persistence1gd54cnu80s8qdqcyhyvn06m87vlmch2uf4wvz4z08svawvc2rhysgvav55 |
| 5 | USDT-XPRT | Weighted | 17 | persistence1e0cwfmla7exa578xddl87paxexw9ymwrzysfjms8c2mstxjkldlqz67jnl |
| 6 | USDC-DYDX | Weighted | 17 | persistence1gzuv84xrwwhxhf0f62av279vfyrfrm7x58fcnadlr5m90gnx223sglqscd |
| 7 | stkDYDX-DYDX | Stableswap | 18 | persistence1tq22yqsgl8y4ds930m0gha2yjkgju8rh8f2a0suv60vpwx8hqy2q82u47m |
| 8 | SHD-XPRT | Weighted | 17 | persistence18x5w425dccrkuwk46u9yqrwmka2ef0lmnvsx439dm09hf5qqfvjq6lwxhf |
| 9 | stkSTARS-STARS | Stableswap | 18 | persistence1u0ehv853npcmu9m4jexampykq6yeuf6nlnxpvm5m8w73g2vrv9wqzj8h9h |
| 10 | STARS-XPRT | Weighted | 17 | persistence1av3qg7rrtwu2anudw8u7d2ncv4f0826yxrndw9esvrp4jdnsmyjqzlqcg9 |
| 11 | stkHUAHUA-HUAHUA | Stableswap | 18 | persistence1ny5q57qzkt9cn64mf7grc58tjqx37czxe85nx8aujw8md3hlyruqrspvtc |
| 12 | stkXPRT-XPRT | Stableswap | 18 | persistence1v2efcqkp2qtev06t0ksjnx6trxdd0f7fxg2zdrtzr8cr9wdpjkyq8r0cyc |
Conclusion
Upgrading Dexter smart contracts delivers a multitude of improvements. Improved accuracy, expanded functionality, and enhanced security solidify Dexter's position as a reliable and secure DEX on the Persistence chain.
Voting Options
- YES: Vote in favor of upgrading Dexter smart contracts according to the outlined details.
- NO: Vote against the proposed upgrade.
- NO WITH VETO: If you believe this is a spam proposal and the proposer should lose their deposit, vote NO WITH VETO.
- ABSTAIN: Choose to abstain from voting but still contribute to quorum requirements.
Votes
Voter
Answer