Main points from the monthly Centrifuge & Altair Governance Call
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We have received a sufficient number of votes for the Altair - approx 1 million per Councilor on average - which is by far the most in the ecosystem, and definitely enough to move on with Runtime Upgrade 4
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Before Runtime Upgrade 4 takes places, we will give an additional week for Altair contributors who used Bifrost to claim who weren’t able to initially
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Runtime Upgrade for should occur sometime within January 17th - 23rd if everything goes as planned. This will include the removal of the Sudo Key and the enabling of balance transfers for AIR holders
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Collators will replace Validators as Parachains go live for Centrifuge and Altair. One implication of this is that the security will be handled by the Relay Chain (Polkadot) and staking will no longer be a necessity. It also means that rewards for staking with Collators for example will be drastically decreased, compared to the current rewards for staking with Validators
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The topic of the Treasury was briefly covered. The Altair Treasury is managed by the Council, and there are many options for how it can be managed. One of which could be connecting projects like Moonriver and the ERC-20 bridge to outside liquidity that it provides. Another being getting CFG listed on the Karura DEX, and enabling cross-chain transfers between Karura and Altair. Once XCM (which allows for more cross-chain functionality) is enabled, more of these options will become available
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CFG liquidity rewards - TIN/DROP. Issuers are also Junior Investors (TIN), and take on more risk, but receive roughly the same CFG rewards as the Senior Investors (DROP). Potential changes to this model are being explored