CIP 0047 Featured App Activity Markers
- Hello Super Validator Node Operators,Digital Asset - SV Sponsor
SVN (SBI) - SV Endorser
All other operators vote please via a reply of:
<SV Name> votes <in favor | not in favor> - toggle quoted message Show quoted text
C7/7RIDGE votes in favor
V E R O N I C A A U G U S T S S O N
/
P A R T N E R
7RIDGE IS A PRIVATE MARKETS ASSET MANAGER INVESTED IN TRANSFORMATIVE TECHNOLOGY FOR FINANCIAL SERVICES TO POWER THE GLOBAL ECONOMY
Signature for V e r o n i c a A u g u s t s s o n
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, 17 March 2025 16:27
To: cip-vote@...
Subject: [cip-votes] CIP-0047 Featured App Activity MarkersHello Super Validator Node Operators,
Please find the CIP-0047: Featured App Activity Markers ready for vote
Digital Asset - SV Sponsor
SVN (SBI) - SV Endorser
All other operators vote please via a reply of:
<SV Name> votes <in favor | not in favor> - toggle quoted message Show quoted text
Tradeweb votes in favor
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, March 17, 2025 11:27 AM
To: cip-vote@...
Subject: [cip-votes] CIP-0047 Featured App Activity MarkersCAUTION:This email originated from outside of Tradeweb. Do not open attachments or click on links if you do not recognize the sender or if the content appears unsafe/you cannot verify the content is safe.
Hello Super Validator Node Operators,
Please find the CIP-0047: Featured App Activity Markers ready for vote
Digital Asset - SV Sponsor
SVN (SBI) - SV Endorser
All other operators vote please via a reply of:
<SV Name> votes <in favor | not in favor>
________________________________________________________________________
The information in this email is confidential and may be legally privileged. It is intended solely for the addressee. Access to this email by anyone else is unauthorized. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it, is prohibited and may be unlawful.
Tradeweb reserves the right to monitor and review the content of all messages sent to or from this e-mail address. Messages sent to or from this e-mail address may be stored on the Tradeweb e-mail system. - toggle quoted message Show quoted text
MPCH is in favor
From: cip-vote@... <cip-vote@...> on behalf of Justin Peterson via lists.sync.global <justin.peterson=tradeweb.com@...>
Date: Monday, March 24, 2025 at 10:53 AM
To: cip-vote@... <cip-vote@...>
Subject: Re: [cip-votes] CIP-0047 Featured App Activity MarkersTradeweb votes in favor
From: cip-vote@... <cip-vote@...> On Behalf Of DrAmandaLMartin via lists.sync.global
Sent: Monday, March 17, 2025 11:27 AM
To: cip-vote@...
Subject: [cip-votes] CIP-0047 Featured App Activity MarkersCAUTION:This email originated from outside of Tradeweb. Do not open attachments or click on links if you do not recognize the sender or if the content appears unsafe/you cannot verify the content is safe.
Hello Super Validator Node Operators,
Please find the CIP-0047: Featured App Activity Markers ready for vote
Digital Asset - SV Sponsor
SVN (SBI) - SV Endorser
All other operators vote please via a reply of:
<SV Name> votes <in favor | not in favor>
________________________________________________________________________
The information in this email is confidential and may be legally privileged. It is intended solely for the addressee. Access to this email by anyone else is unauthorized. If you are not the intended recipient, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it, is prohibited and may be unlawful.
Tradeweb reserves the right to monitor and review the content of all messages sent to or from this e-mail address. Messages sent to or from this e-mail address may be stored on the Tradeweb e-mail system. - Orb1 votes in favor.
- toggle quoted message Show quoted text
Cumberland/DRW votes in favor.
I realize this has already passed, but think a follow up discussion is merited.
I’d like to reiterate a concern we raised previously about the need to introduce a process to review the associated featured app activity regularly. The CIP itself recognizes there is a risk for misuse of the activity markers as well (“…FA providers are expected to created FA activity markets only for transactions that correspond to a transfer of an asset…”). I worry there is a chance that during the engineering process they don’t differentiate the transaction types and, as a result, include non-eligible transactions (either by mistake or intentionally).
If we need a subsequent CIP to introduce a workflow, I am happy to draft it. But here are the steps I suggest:
- As part of the FA status request require the app developer to provide:
- A list of each TX type it will conduct on the network, including which they would designate as FA eligible and which aren't FA eligible. Include with that an expected distribution.
- A report from test net activity that highlights these tx types and a reasonable alignment with the expected distribution.
- Post app launch (maybe 2 weeks) - The app developer provides a production report of activity breakdown to reconcile txs/FA awards based on expected activity. After the first 2 week check in, a similar report is provided for review on a regular cadence (monthly or quarterly)
- Tokenomics Committee creates a working group to review these reports and take corrective active as necessary.
This does create more work, but it would add more determinism to the FA designation/review and, I think, it is important for network health. Thoughts?
Thanks
Chris
From: cip-vote@... <cip-vote@...> On Behalf Of bodhi via lists.sync.global
Sent: Monday, March 24, 2025 10:38 AM
To: cip-vote@...
Subject: [ext] Re: [cip-votes] CIP-0047 Featured App Activity MarkersOrb1 votes in favor. _. _,_. _,_ Links: You receive all messages sent to this group. View/Reply Online (#129) | Reply to Group | Reply to Sender | Mute This Topic | New Topic Your Subscription | Contact Group Owner | Unsubscribe [czuehlke@ drwholdings. com]
Orb1 votes in favor.
This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects. - As part of the FA status request require the app developer to provide:
- toggle quoted message Show quoted textYes please on (maybe not a CIP) but let's document exactly how we are going to approve this behavior for App rewardsI think we can go even further than this and think about how to actively monitor this type of activity via partners in the network who do data analysisOn Mon, Mar 24, 2025 at 2:03 PM Chris Zuehlke via lists.sync.global <czuehlke=drwholdings.com@...> wrote:This e-mail and any attachments may contain information that is confidential and proprietary and otherwise protected from disclosure. If you are not the intended recipient of this e-mail, do not read, duplicate or redistribute it by any means. Please immediately delete it and any attachments and notify the sender that you have received it by mistake. Unintended recipients are prohibited from taking action on the basis of information in this e-mail or any attachments. The DRW Companies make no representations that this e-mail or any attachments are free of computer viruses or other defects.
Cumberland/DRW votes in favor.
I realize this has already passed, but think a follow up discussion is merited.
I’d like to reiterate a concern we raised previously about the need to introduce a process to review the associated featured app activity regularly. The CIP itself recognizes there is a risk for misuse of the activity markers as well (“…FA providers are expected to created FA activity markets only for transactions that correspond to a transfer of an asset…”). I worry there is a chance that during the engineering process they don’t differentiate the transaction types and, as a result, include non-eligible transactions (either by mistake or intentionally).
If we need a subsequent CIP to introduce a workflow, I am happy to draft it. But here are the steps I suggest:
- As part of the FA status request require the app developer to provide:
- A list of each TX type it will conduct on the network, including which they would designate as FA eligible and which aren't FA eligible. Include with that an expected distribution.
- A report from test net activity that highlights these tx types and a reasonable alignment with the expected distribution.
- Post app launch (maybe 2 weeks) - The app developer provides a production report of activity breakdown to reconcile txs/FA awards based on expected activity. After the first 2 week check in, a similar report is provided for review on a regular cadence (monthly or quarterly)
- Tokenomics Committee creates a working group to review these reports and take corrective active as necessary.
This does create more work, but it would add more determinism to the FA designation/review and, I think, it is important for network health. Thoughts?
Thanks
Chris
From: cip-vote@... <cip-vote@...> On Behalf Of bodhi via lists.sync.global
Sent: Monday, March 24, 2025 10:38 AM
To: cip-vote@...
Subject: [ext] Re: [cip-votes] CIP-0047 Featured App Activity MarkersOrb1 votes in favor. _. _,_. _,_ Links: You receive all messages sent to this group. View/Reply Online (#129) | Reply to Group | Reply to Sender | Mute This Topic | New Topic Your Subscription | Contact Group Owner | Unsubscribe [czuehlke@ drwholdings. com]
Orb1 votes in favor.
--
This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and conditions available at http://www.digitalasset.com/emaildisclaimer.html. If you are not the intended recipient, please delete this message. - As part of the FA status request require the app developer to provide:
