Aaron Kong - Osmosis Labs | Adam Tucker @adamleetucker17 - Osmosis Labs backend

OGP Updates + 2 grantees:

— Scanworks: Andreas — @aesmonty | @scanworks_ | https://www.scanworks.org/

— Zodiac: JC @i_be_jc | @ZodiacProtocol | https://www.zodiacprotocol.xyz/ (socials available on website)

tl;dr

-Osmosis v14 coming next week

-IBC hooks for cross-chain swaps, which should be ready 2 or so weeks after that (audit period)

-geometric TWAP (more resistant to manipulation/volatility)

-downtime detector module (useful for apps building on Osmosis)

-Concentrated Liquidity is almost here! 2-3 weeks for the main work, plus more time for testing

-improved geometric tick spacing vs Uni v3 allows for legible tick sizing (e.g. 10 cents, vs. 9.9764899 cents)

-allows for better trading with far less liquidity, and allows incentives to be greatly reduced, since LPs will earn more fees (though managing the IL can be difficult)

-OGP: Batch 9 of grants, including a large deal with auditing firm Oakwood Security for priority audits at a discount

-OGP Grantee Showcase:

-Scanworks: building specialized, customizable monitoring/alert system for Osmosis at https://www.range.org/ — you can sign up for the Osmosis private beta testnet

-Zodiac: building primitives that split LP pools into Yield and Principal tokens, which allows for a much higher degree of control over an LP position’s IL and risk/return profile, as well as enabling new sorts of Defi games/bets

-Zodiac has also built an “eternal flashloan” contract that allows their single-pool system to work — this is open-source and can be used by any app

-and they have also built a simple cross-chain governance script in Python: the pybc relayer

Osmosis Updates

—Aaron: Robo McGobo pointed out a mistake in the Bankless promotion, since they messed up the Cosmos ecosystem terminology (i.e. we’re not building on the Hub)

-they’ll be issuing a public correction

-Axelar has also reduced their fees down to 25c as part of this promotion, but only for the next 3 days!

-Kado and Transak have also reduced their fees temporarily to zero

—-ICNS at over 38K names claimed!

-supported in Keplr and Mintscan

Beaker (CosmWasm contract builder) — being generalized to support ALL CosmWasm chains