Proposal to Deploy CarbonDeFi on the Upcoming COTI V2

LEVEL 1 Under Review
1

Proposal to Deploy CarbonDeFi on the Upcoming COTI V2

Expected on Snapshot on November 31, 2024

TLDR

  • COTI V2 is an EVM-compatible L2 expected to go live shortly.
  • COTI V2 provides a developer-friendly ecosystem that provides the fastest and lightest solution for privacy on a public blockchain in a way that provides scalable access to Ethereum.
  • As with every deployment of CarbonDeFi, the Arb Fast Lane framework will be deployed as well.
  • Fees will be used in the same way they are in the Ethereum, SEI and CELO deployments.

Summary

  • COTI Explained: How Garbled Circuits Enhance Web3 Privacy

  • We have already seen CarbonDeFi’s performance on inexpensive fast chains is impressive.

  • COTI is very interested in this CarbonDeFi deployment and will work to ensure there is deep liquidity on CarbonDeFi.

  • As with every deployment of CarbonDeFi, the Arb Fast Lane framework will be deployed as well.

  • Fees generated by the deployment will be used exactly the same as fees generated by the Ethereum, SEI and CELO deployments.

  • This proposal suggests setting the taker fee at 20 basis points

    • This is a parameter that can be adjusted by the DAO.

  • Upon deployment, this proposal does not suggest any custom fee for stable to stable trades. While the author of this proposal would like to have something similar to what was done on mainnet (link), it might make more sense to see which stables people are interested in using and then creating the special fee tier.

FOR

Deploy on COTI V2 with a taker fee of 20 BP

AGAINST

Take no action

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