In the coming days, we will propose two Runtime Upgrades - one on Centrifuge, and one on Altair.
Currently, we are testing the new Altair and Centrifuge versions, containing the asset registry, on Rococo (the Parachain Testnet). The most urgent use case for this release is to support Wormhole USDC from Acala to Centrifuge, which will be used as the currency for the initial pools on Centrifuge.
Altair has already been upgraded and we are testing the Wormhole USDC XCM transfers to verify that the integration is working as expected.
The concrete plan for the testing is as follows:
ALTAIR (Runtime Upgrade 1017 on Rococo)
Run Runtime Upgrade
Verify that the chain still produces blocks
Register Wormhole USDC in the asset registry
Verify that Wormhole USDC transfers from/to Karura work in Altair
CENTRIFUGE (Runtime Upgrade 1008 on Rococo)
Enact Runtime Upgrade
Verify that chain still produces blocks
Open HRMP channels with Karura
Register Wormhole USDC in the asset registry
Verify that Wormhole USDC transfers from/to Karura work on Centrifuge
Deploy the new Altair and Centrifuge to production
Cut releases for both runtimes
Work with ambassadors on the community posts
Follow the Runtime Upgrade process for both
Open HRMP channels Centrifuge <> Acala on Polkadot
NOTE: this will require Centrifuge’s account on the Polkadot Relay Chain to have enough DOT to cover the fees associated with the XCM execution + the deposit of opening these channels.
Hopefully early next week, we can start the process of upgrading both chains - we will announce it here on the Forum, once the Councils have initiated the motion(s) to start the democracy process.
If you have any questions, feel free to ask them