On the community call earlier this week, we chatted about some possible paths forward.
It seems pretty clear that we would like to migrate to the first rollup solution that is:
- production ready
- has similar trust assumptions to mainnet
- has the infrastructure we rely on (Gnosis Safe, BrightID, and TCR support)
There is a good chance that Arbitrum or Optimisim will satisfy this, however neither are likely to be ready to use in production prior to march 2021. So what do we do in the mean time?
clr.fund has $20k in Ethereum Foundation grant funding that is currently earmarked for the first two “production rounds” of clr.fund. I propose that rather than jumping from $1k per round to $10k per round, as we had originally planned, we “double-up-to-rollup”. Meaning we start running month long rounds where the funding pool doubles each round until we are ready to deploy to a rollup.
With $20k in EF funds, along with ~$4k from the most recent Gitcoin Grants round, we could get three months worth of rounds out of this scheme ($2k round 3, $4k round 4, and $8k round 5). This will give us some time to do a little fund raising for a $16k round round 6, that would hopefully be on a rollup at that point (otherwise we’ll have enough to run round 6 at $8k).
I’ll need to doublecheck with the EF if they are ok with this change, but it seems very reasonable.
In the mean time, we should be:
- improving the UX
- hunting bugs/vulnerabilities
- growing the community and fundrasing
- preparing for migration to a rollup
- Finding a suitable TCR solution for xDai and wherever we migrate (so we can remove dependency on the multisig)
Keen to hear your thoughts on this plan. (nothing set in stone yet, obviously)