PIP-55 Reward Mechanism Automation, WakeUp Labs Update Thread

Rewards for Epoch 29 are now claimable! Distribution has been automatically executed.

Thank you all for your patience.

As part of collecting the fees for the first automated distribution of Rewards validated by the DAO, here is WakeUp’s ETH mainnet wallet to receive the corresponding fees:

0x9d2821293Af4e3522659f8cF3FE1Be190af7Ff26

Please note that this is a multisig wallet, so the transfer must be made on that network.

Going forward, the fee for future distributions will be automatically processed along with the distribution transaction.

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Following the successful Gas Refund distribution for Epoch 29, we’re now moving forward with the next distribution: Epoch 30.

The Snapshot proposal is now live:
https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x5946001e1305b1a39609df7db912437a4f8cc317bb26677e6e9f99340661d164

Total rewards: 44.78 wETH, distributed between sePSP1 and sePSP2 stakers

  • Mainnet Merkle root: 0x23a6c1775dde2ddeb1c2c718f636f055f401caea14cdf6718d86b92f627cfe87
  • Optimism Merkle root: 0xf3b64ec51d9e9c7e48eb37323a2626012a1fd3be0976d191f79eea8a7f7d5601
  • WakeUp Labs’ distribution fee: 0.33 wETH

What’s new in this epoch?
We’ve launched a public Verification Tool that lets anyone validate the integrity of the distribution.

You can check it here: https://velora-verifier.wakeuplabs.link/

Let us know if you have any questions.

4 Likes

We’ve tested the new verification tool and think it’s a great addition when it comes to voting. It makes analysis easier and adds transparency to the process. Great contribution!

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Thanks for setting up this checker file! Would you be able to share with us/post the json and files for uploading?

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I couldn’t find it either. I’d appreciate it if you @WakeUpLabs could also include the JSON file links in your GitHub for easier access.

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The json files can be found in the link provided in the snapshot proposal under the title:

Distribution files:
IPFS Folder for Epoch 30 Rewards
Note: Rewards Epoch is equal to 29 due to first PSP 2.0 Epoch being Epoch 0 and communicated externally as Epoch 1’.

This is the link.

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Thanks @PGov @Mehdi @SEEDGov for trying it out and for the explanation!

We’re glad to hear it’s useful! :slight_smile:

2 Likes

Epoch 30: Gas Refund distribution is now live on Snapshot

https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x41775e873c5f4763583e785b7c2137f63a7ef2c9d741262b30bb595cb0112ef4

Total Gas Refunds: 109,357 sePSP1

ETH Mainnet Merkle root:
0x59d350f14c74a6e079c03b448f6efd9d51402889a296a95332fe99578a517a33

Optimism Merkle root:
0xa8cde7619464b6159f523de1189ebc05394491d56d8460f6c5705356e9b0b425

Distribution files:

:magnifying_glass_tilted_left: Reminder: We’ve launched a public Verification Tool that lets anyone validate the integrity of the distribution.

Check it out: https://velora-verifier.wakeuplabs.io/

Let us know if you have any questions — thanks!

2 Likes

To all Velora stakeholders,

As we reach the halfway point of the third epoch, with WakeUp Labs managing reward distributions using the tools and processes we’ve developed, we believe it’s the right time to request the second half of the development payment, as outlined in PIP-55 over four months ago.

The system is running more smoothly with each round, requiring less manual oversight.

  • In the first distribution, there was a minor delay.
  • For the second, we avoided delays entirely and introduced a verification tool.
  • Although we’ve still relied a bit on the Laita Labs team, by our third distribution (assuming everything continues as planned), we expect to be fully autonomous in handling the rewards and aim to be autonomous with the gas refund by the next one at the latest.

This will allow WakeUp to operate independently and free up Laita to focus on other priorities as outlined in PIP-64.

We’re grateful for the DAO’s continued trust and support throughout this process.

The payment can be sent to WakeUp’s ETH mainnet multisig wallet:

0x9d2821293Af4e3522659f8cF3FE1Be190af7Ff26

We’ve been open with the community from the start, and we believe it’s time to aim higher.
We’re bullish on Velora and ready to keep pushing it forward, with new initiatives funded by the DAO.
From our side at WakeUp, we’re keen to start conversations around new product ideas right away.
The whole WakeUp team is here to support you.

We’re excited to keep building and growing Velora together.

5 Likes

Hi WakeUp Team,
We have just finished facilitating the payment for the requested second half, the hash is as follows: 0x939879e3eb2890af061a31517b4bd314ba20b0dd8c311a76dae64f80b0c2ae0e

Thank you for your work and enthusiasm for the DAO, and we look forward to seeing all future proposed initiatives.

1 Like

Epoch 31: Rewards Refund distribution is now live on Snapshot

https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x35c7db999d5f3b9072791039a5ce489bc9bd40ecbffe9233355f7e2b4c3c5dba

Total rewards: 23.95 wETH
→ Ethereum Merkle root: 0x2dad544313382656147992f55bfa2f0f35c733a7acbeb6f60be0ed80d6eb1dc1
→ Optimism Merkle root: 0x58c67a1c8629cb6245bf6709051902ccd71c673202bee3d84cddedca9e45fe5b
→ WakeUp Labs distribution fee: 0.18 wETH (separate tx on Mainnet)

Distribution files: IPFS Folder

You can validate the distribution using the IPFS files here: https://velora-verifier.wakeuplabs.io/

Let us know if you have any questions, thanks!

4 Likes

Epoch 31: Gas Refunds distribution proposal is now live on Snapshot

https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x3b8fb30db82e6640f6b174dd738b523516032dbdca734c91d8079154002b6749

Total Gas Refunds: 113561.21 sePSP1
→ ETH Mainnet Merkle root:
0xc32991c1d00e3cc825107a4e0407efb1574f973c77f10b93b7cf21e1f2ed4355
→ Optimism Merkle root:
0xb97b69d951109575d5196509d6e301ce8e39c91a55d6b065fd25f8d8fbc26543

Distribution files: IPFS Folder

Check the distribution here: https://velora-verifier.wakeuplabs.io/

Let us know if you have any questions — thanks!

1 Like

Epoch 32: Rewards Refund distribution is now live on Snapshot

https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x6a22530bbe8ebe0a7e1ae662785a8934cea5abf139bef629c107a8b86c6a4dba

Total rewards: 28.26 wETH

→ Ethereum Merkle root:
0x9cc2626b1f683f01defd196fd3ded3d1cedce0927c2168ac16fd89c46cd36329
→ Optimism Merkle root: 0xbb5f48e39f271922338ce15dab0ee1163d02ba5648c22b72b54ec2bdbcf61ed8
→ WakeUp Labs distribution fee: 0.21 wETH (separate tx on Mainnet)

Distribution files: IPFS Folder

You can validate the distribution using the IPFS files here: https://velora-verifier.wakeuplabs.io/

Thanks!

Epoch 32: Gas Refunds distribution proposal is now live on Snapshot

https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x200ecaea91ae928009f8522e5a348feadb89d14b73eda6abd388a9e84b5ddeb6

Total Gas Refunds: 107762.19 sePSP1

ETH Mainnet Merkle root:
0xcc08ace9f89deaf57bb401b863185a773f8538d3263a09738e363f1abe7b0bad

Optimism Merkle root:
0x351317d0d259f32e4c64628b904954225f0b062f3d42948a4c32123b547ba0a4

Note:
A minor display bug was introduced in grp-refunds-details-epoch-62.csv where totalPspRefundedOptimism and totalPspRefundedEthereum were mixed but final results remain correct and verifiable via the Merkle tree. No issues with the onchain data and calculations.

-Distribution files here.
-Fixed Distribution files here.

Check the distribution here: https://velora-verifier.wakeuplabs.io/

Thanks!

1 Like