Saturn 2 Research and RPIP Work
Who is the proposed retrospective award recipient?
Knoshua
What specific project or work is the retrospective award in recognition of? Please detail what the project or work entailed and the duration over which it took place.
Work started in early March and is ongoing. So far it involved:
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Participation in Saturn 2 scoping discussion, including review of original RPIP-49 scope for Saturn 2.
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Research, discussion and drafting of a proposal for a faster withdrawal credential exploit check to potentially include in Saturn 2.
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Research, discussion and drafting of a proposal for bad performer exits. Empirical Analaysis of potential exit criteria emerging from the discussion.
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Research, discussion and drafting of a proposal for rETH withdrawal liquidity.
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Discord #research-thread to discuss ways and potential of increasing megapool bond requirement.
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Collecting new guardrails introduced in Saturn 1 audits.
Are the subjects of this award entirely open source (MIT, GPL, Apache, CC BY license or similar)? If not, which parts will not be, why, and under what license will they be published?
Yes, everything should be open source.
Benefit
| Group | Benefits |
|---|---|
| Potential rETH holders | Improving rETH yield by exiting bad performers and a guaranteed withdrawal mechanism are the consensus best ways we can make rETH more attractive for new holders. |
| rETH holders | see above |
| Potential NOs | Improved withdrawal credential check would improve queue time by avoiding double beacon chain queue. |
| NOs | see above |
| Community | N/A |
| RPL holders | Indirectly, by benefiting potential users of the protocol. |
Costs
How much USD $ is the applicant requesting be awarded to the recipient?
$5000
I propose that this retro award should be counted as already paid for any potential future grant payments related to Saturn 2 (Tokenomics Rework Milestone 2) and/or rETH improvement.
Conflict of Interest
Does the person or persons requesting the retrospective award have any conflicts of interest to disclose? (Please disclose here if you are a member of the GMC or if you have nominated a member of the GMC for this retrospective award).
No.