Proposal Details

Proposal #221

Passed

Proposal title

Stargaze Proposal: Deploying Interchain NFT Contracts (aka Outgoing Proxy and ICS721 Contracts)

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

99.69%

Proposal #221 description

Stargaze Proposal: Deploying Interchain NFT Contracts (aka Outgoing Proxy and ICS721 Contracts)

Introduction:

The ICS721 Super Team is on the brink of a transformative change within the Cosmos ecosystem, spearheading the drive for interchain NFT transfers. With this proposal, we aim to deploy the critical contracts essential for these transfers across Stargaze, Juno, and Terra.

Summary:

Central to this proposal is the deployment of interchain NFT (ICS721 and outgoing proxy) contracts. After their deployment, Ark Protocol will initiate these contracts, establishing the foundation of our managed infrastructure to serve the cross-chain NFT community. While the ecosystem permits individual instantiation, contracts and channels endorsed by Stargaze and Ark Protocol will be officially recognized, strengthening community trust and security.


Managed Interchain NFT Services (Condensed):

  • Infrastructure Mastery: Automated deployment of interchain NFT contracts on CosmWasm chains, enhanced by rigorous monitoring and fluid relayer setups.
  • Service Provisions:
    • Community Engagement: Proactive support, regular educational initiatives, and open dialogue sessions to foster a well-informed community.
    • Active Contribution: Direct involvement in shaping the specifications and building robust contracts, ensuring they align with community needs and technological advancements.
    • Safety Measures: Introduction of outgoing proxy contracts, meticulous whitelisting, transfer rate control, and emergency mechanisms.
  • DevOps Excellence: A harmonized approach, merging development and operations, to create a robust interchain NFT infrastructure.

Rollout Plan:

  1. Commence with the whitelisting of an initial collection.
  2. Gather invaluable feedback from our community.
  3. Refine and improve based on the feedback.
  4. Systematically expand the whitelist’s scope.
  5. Ultimate aspiration: Offer contracts accessibility to all collections.

Multisig Details:

  • Operations Multisig (Owner wallet: stars1tah0nyhr9avcue34wtl8w8gh0p6zwv0epklr3d): 6 signers (3 from Ark Protocol, 3 from Stargaze), threshold of 2.
  • Migration Multisig (Admin wallet: stars1a7esxnnl5cgv3j93g9flz7rkqtsqd9mgz78fvw): 6 signers (3 from Ark Protocol, 3 from Stargaze), threshold of 3, dedicated to potential contract migrations.

Foundation for Upcoming Endeavors:

Upon deployment, the stage is set for the next chapter: bridging interchain NFT transfers with Ethereum, expanding our interchain reach.


Reference to Key Publications:

  1. Interchain NFT Super Team Collaboration: A detailed look at the combined efforts to facilitate NFT transfers throughout the Cosmos. Showcasing collaborative roles, designated initial channels, and the strategy for phased implementation.

  2. Managed Interchain NFT Services: A deep dive into Ark Protocol’s holistic offerings, from innovative deployment methodologies to advanced emergency safety nets.

  3. Essence of Outgoing Proxy Contracts: Sheds light on the integral role outgoing proxy contracts play in ensuring the security of interchain NFT movements.


Embark with us on this game-changing expedition, connecting the cosmic dots of the NFT world.

Connect with Ark Protocol: Twitter: https://twitter.com/Ark_Protocol Discord: https://discord.gg/fVv6Mf9Wr8

Discussion here: https://commonwealth.im/stargaze/discussion/13290-stargaze-proposal-deploying-interchain-nft-contracts-aka-outgoing-proxy-and-ics721-contracts

Proposal #221 overview

Total votes
1,124
Voters
1,119
Total deposit
50,000 STARS