Testnet Incentives Program Report #2
Introduction In November 2023, Hypha established the Testnet Incentives Program with funding from AADAO. This program has evolved over many months to reward validators for consistently showing up to participate in educational events, changelog reviews, upgrade drills, and performance improvement research opportunities. This program has now run for 1.5 years and has distributed $200k worth of incentives to power the largest and most well-established public testnet in the interchain. Looking back at TIP over the last 6 months The provider testnet’s primary mission has been supporting the adoption of the Hub’s major product offering in the last two years: Interchain Security. In the last six months, that priority has shifted to running several non-mainnet upgrade paths to facilitate the development of IBC Eureka, and training validators in upgrade drills. Non-governance coordinated upgrades are far riskier than governance upgrades as operators need to manually set a halt height and swap the binary at the appropriate time before restarting their node. With the rapid pace of development, many stack security patches, and migrations required to adjust security issues in smart…
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Sounds great. Looking forward to these new events!
Hello, thank you for this report. However, Interchain security remains a premium feature of the hub and must be considered as such. The hub offers this service, which works, and which should still be improved, supported and marketed! ICS is still in the forefront with new chains that are likely to join (EVM, institutions, banks, etc.)
Guinch
Hi! intersting update, thanks a lot!