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Shutter Network Community Update - March 2024

Here is a recap of the events from the Shutter ecosystem during March 2024.
Shutter Network Community Update - March 2024

With the Shutter Network community growing rapidly, we will be providing monthly updates as to what has been happening and is currently active within the Shutter ecosystem.

Here is a recap of the events from March 2024.

Blog

Latest blog posts from March.

Shutter: Leveling the Playing Field

The Shutter ecosystem has reached a critical point in terms of technological readiness, ecosystem collaborations, and community participation.

As a core developer of Shutter, we would like to take this opportunity to share our vision for what Shutter is all about and explain why it matters.

Shutter: Leveling the Playing Field
As a core developer of Shutter, we would like to take this opportunity to share our vision for what Shutter is all about and why it matters.

Shutter Roadmap 2024 (And Beyond)

The year 2024 started with some significant progress in the Shutter ecosystem. We released the blueprint for a Shutter DAO, and shortly after, the community launched Shutter DAO 0x36. We also unveiled a Shutterized OP Stack testnet with a roadmap. In the past weeks, we made significant announcements regarding collaborations with EigenLayerMode, and Espresso.

This blog post details our plans and ideas for 2024 and beyond, as well as exciting developments and collaborations in progress.

Shutter Roadmap 2024 (And Beyond)
This blog post details our plans and ideas for 2024 and beyond, as well as exciting developments and collaborations in progress.

Shutterized OP Stack Testnet SHOP Now Live on Sepolia!

We are excited to announce the Shutterized Optimism testnet L2 launch on Sepolia. This launch marks the availability of a Shutterized encrypted mempool for the OP Stack, aiming to prevent front-running and provide a censorship-resistant trading environment.

There's still some work to do to make this a fully-fledged, seamless developer and user experience, but this is a super important milestone for Shutter and, more importantly, for base layer neutrality on L2s! 

Also, keep reading to learn how to try the Shutterized L2 via our demo app!

Shutterized OP Stack Testnet SHOP Now Live on Sepolia!
We are excited to announce the Shutterized Optimism testnet L2 launch on Sepolia.

Community

Community related updates from March 2024.

Shutter Discord Now Open

Hello, Shutter family! We're excited to announce that we're moving to Discord, which will upgrade our community's online experience. šŸš€

What's Happening?

The vibrant Shutter community on Telegram has been the hub of our chats. However, we have decided to start a new chapter by transitioning to a brand-new Shutter Discord server, which is now live! This move is a significant step forward in connecting, sharing, and growing together.

https://twitter.com/project_shutter/article/1770830931344986370

Join the Shutter Discord Server!
Shutter is a project to prevent front-running and malicious MEV on Ethereum by using threshold encryption. | 327 members

The second tier of the Shutter onboarding program is live

This tier is designed to seamlessly integrate new members into the ecosystem and offer an in-depth exploration of Shutter and MEV topics. Join the community onboarding program for a guided experience that will ramp up your knowledge.

If you've completed the Newbie tier, you can level up and access the Shutter Click Member level.

Embark on the quest hunt to earn 100 points and an exclusive OAT. Remember to mint your OATs as you progress.

Click Member šŸ“ø by Shutter | Galxe
Join Click Member šŸ“ø from Shutter on Galxe ā€” Your Web3 Community is Waiting. Collect NFT and OAT badges to build your Web3 digital identity.
Shutter Onboarding Program by Shutter | Galxe
Join Shutter Onboarding Program from Shutter on Galxe ā€” Your Web3 Community is Waiting. Earn rewards to build your Web3 digital identity.

[RFP] Request for Proposals: Develop a Keyper Incentive Mechanism and (delegated) Staking

Shutter DAO 0x36 members have voted to start a Request for Proposals process 12 for contributors to apply to develop the mentioned incentive and staking mechanism.

Shutter DAO 0x36 will disburse up to 50,000 SHU tokens and 25,000 USDC to the selected contributor of the RFP to develop the incentive and staking mechanism.

The proposals should only focus on the technical aspects of developing the necessary smart contracts and front end and ensuring hosting of the front end. They should be agnostic (and fully configurable by Shutter DAO 0x36) regarding the economics, e.g., staking amounts or the amount of ETH or SHU rewards over time.

[RFP] Request for Proposals: Develop a Keyper Incentive Mechanism and (delegated) Staking
[RFP] Request for Proposals: Develop a Keyper Incentive Mechanism and (delegated) Staking Shutter DAO 0x36 members have voted to start a Request for Proposals process for contributors to apply to develop the mentioned incentive and staking mechanism. Shutter DAO 0x36 will disburse up to 50,000 SHU tokens and 25,000 USDC to the selected contributor of the RFP to develop the incentive and staking mechanism. The proposals should only focus on the technical aspects of developing the necessary smarā€¦

Protecting Web3 userā€™s integrity by preventing malicious MEV ā€” Hereā€™s how - Cointelegraph

The blockchain community is emerging with fairer and more trustworthy ideas to prevent complex MEV challenges and front-running.

https://cointelegraph.com/news/protecting-web3-users-integrity-by-preventing-malicious-mev-heres-how

Shutter DAO Goes Live on Fractal, Securing $250M in Fully Diluted Value - Yahoo Finance

Fractal, the leading modular governance platform for onchain organizations to progressively decentralize, announces the onboarding of Shutter DAO 0x36, a community-launched decentralized autonomous organization for Shutter Network, a protocol combating frontrunning/malicious MEV utilizing threshold encryption.

Shutter DAO Goes Live on Fractal, Securing $250M in Fully Diluted Value
Fractal, the leading modular governance platform for onchain organizations to progressively decentralize, announces the onboarding of Shutter DAO 0x36, a community-launched decentralized autonomous organization for Shutter Network, a protocol combating frontrunning/malicious MEV utilizing threshold encryption.

How we help Shutter to integrate with Twentysix Cloud?

This collaboration leverages Twentysix Cloud to empower Shutterā€™s Keypers, the guardians of transaction fairness within the network. By harnessing aleph.imā€™s robust and user-friendly decentralized cloud solutions, Shutter unlocks a new era of accessibility and efficiency for its nodes Keypers.

How we help Shutter to integrate with Twentysix Cloud?
This collaboration leverages Twentysix Cloud to empower Shutterā€™s Keypers, the guardians of transaction fairness within the network.

Gnosis Chain Dencun Hard Fork Live Stream

Gnosis Chain Dencun Hard Fork Call
Gnosis Chain Dencun Hard Fork - LIVEGnosis Chain Mainnet will hard fork on 11 March 2024 at 18:30:20 UTC, Slot: 14237696 Timestamp: 1710181820The most importā€¦

Understanding the Role of Rollups in Tackling MEV šŸ‘¾ - X-Twitter Space

X-Twitter Space with Zeeve.io.

https://twitter.com/i/spaces/1vOxwjYzLkNJB?s=20

MEV & threshold encryption with Project Shutter - X-Twitter Space

X-Twitter Space with Espresso Systems.

https://twitter.com/i/spaces/1vOxwjRAwvVJB

How to build with a decentralised cloud? - X-Twitter Space

X-Twitter Space with Aleph.im Network.

https://twitter.com/i/spaces/1OdKrjgpWpvKX

Shutter DAO 0x36 Proposals and Discussions

A list of proposals and top discussions posted at the Shutter Forum for the Shutter DAO 0x36 members to review and discuss.

Proposals

Call for DApp Development on Shutterized OP Stack Testnet
Proposal Title Author(s) Phase Type Date Created RFP: Development of DApps on Shutterized OP Stack Testnet brainbot I Off-chain 18.03.2024 Call for DApp Development on Shutterized OP Stack Testnet Proposal Shutter DAO 0x36 is seeking innovative proposals from developers to build decentralized applications (DApps) on the Shutterized OP Stack testnet (SHOP). This initiative is designed to use encrypted transactions to enhance privacy, security, and fairness across DeFi and NFT domains,ā€¦
Create a subdao to manage Market Making/Liquidity Provision Activities
Proposal Title Author(s) Phase Type Date Created Create a subgroup to Manage Market Making/Liquidity Provision Activities han I Off-Chain 26.02.2024 Create a subgroup to manage Market Making/Liquidity Provision Activities Proposal Create a process to stay informed about the market maker process by selecting a 5-person subgroup to ensure there is accountability, transparency, and representation for the interests of Shutter 0x36 DAO. The members of the proposed subgroup should have cerā€¦
Shutter DAO 0x36 Proposal Deploy a DEX Pool on a Low Cost Chain (Part 1)
Proposal Title Author(s) Phase Type Date Created Proposal to Deploy a DEX Pool on a Low Cost Chain (Part 1) Cornelis Theodorus van der Klooster I On-chain 28.03.2024 Title Proposal to Deploy a SHU/USDC DEX Pool on a Low Cost Chain (Part 1) Proposal We propose Shutter DAO 0x36 deploy and fund a SHU/USDC pool on a DEX on a low cost chain. Note that anyone can deploy DEX pools, but we recommend Shutter DAO 0x36 focus on one chain to reduce liquidity fragmentation. Parts / Process Partā€¦

Discussions

Shutter Nouns DAO
Introduction Iā€™m opening a discussion about the possibility of creating a Shutter Nouns DAO, which could support the growth of the Shutter ecosystem as a complement to Shutter DAO 0x36. A Shutter Nouns DAO could: Enhance the Shutter brand Create cultural alignment between Shutter and its partners Create more opportunities for SHU holders to utilize their Shutter Tokens (SHU) Lock up SHU for significant periods of time Create an additional grants track for Shutter ecosystem projecā€¦
Artis x36 Weekly Reporting
We will be posting weekly updates on this forum to provide a part of our core offering to those whom it may concern. Additionally, Artis has consciously been holding off on active participation with the liquidity pool (i.e. market making). Upon further deliberation we deem it most relevant that Artis steps in and engages in active market making when it is most necessary. Until that time we find it fair to all involved to set the following deliverables (and caveats): Artis will report publicalā€¦
Aggressive $SHU emissions
I was advised by Loring that the community forum is the best place to start discussion with more sophisticated members of Shutter community so I want to bring you some discussion from Shutter discord channel. There is a concern amongst some participants of the community (including me) that vesting schedule for SPT holders and Early community members is too aggressive. Here is a quick breakdown of SHU supply amongst the holders: Max supply of SHU is 1B tokens. Shutter DAO Initial Allocations Dā€¦

Shutter DAO 0x36 Votes

A list of the Shutter DAO 0x36 votes that took place during March 2024.

Shutter DAO 0x36: [Off-chain] Proposal: Integrate oSnap v2 OR Kleros/Reality.eth to enable Shutter DAO 0x36ā€™s Keyper Set Management on Multiple Chains
An off-chain proposal vote for Shutter DAO 0x36 has been created at Snapshot by a community member 0x322f63e33b35cd227a51ae2b8b7ef9eb8ca8a238. Proposal: Integrate oSnap v2 OR Kleros/Reality.eth to enable Shutter DAO 0x36ā€™s Keyper Set Management on Multiple Chains https://snapshot.org/#/shutterdao0x36.eth/proposal/0xeb96472b123874877828999c3113edd254b32d033acb88ce5fc63f28b5c69510 Start Date: Feb 29, 2024, 10:01 AM CET [See your local time at Snapshot] End Date: Mar 3, 2024, 10:01 AM CET [Seeā€¦
Snapshot

Shutter DAO 0x36: [On-chain] #12 Proposal to Pay Previously Approved Grants
An on-chain proposal vote for Shutter DAO 0x36 has been created at Fractal by a community member nhan.eth. #12 Proposal to Pay Previously Approved Grants https://app.fractalframework.xyz/daos/0x36bD3044ab68f600f6d3e081056F34f2a58432c4/proposals/12 Start Date: Mar 05, 2024, 10:28 AM CET [See your local time at Fractal] End Date: Mar 08, 2024, 10:46 AM CET [See your local time at Fractal] See details at Fractal:
Fractal
Are you outgrowing your Multisig? Fractal extends Safe treasuries into on-chain hierarchies of permissions, token flows, and governance.

Shutter DAO 0x36: [Off-chain] Proposal to develop a Keyper Incentive Mechanism and (delegated) Staking
An off-chain proposal vote for Shutter DAO 0x36 has been created at Snapshot by a community member 0x322f63e33b35cd227a51ae2b8b7ef9eb8ca8a238. Proposal to develop a Keyper Incentive Mechanism and (delegated) Staking https://snapshot.org/#/shutterdao0x36.eth/proposal/0xfd5a02f36528d0d05267aa233b912eda0c7969b21b539b22f3806f01a6ed0158 Start Date: Mar 7, 2024, 9:40 AM CET [See your local time at Snapshot] End Date: Mar 10, 2024, 9:40 AM CET [See your local time at Snapshot] See details at Snaā€¦
Snapshot

Shutter DAO 0x36: [On-chain] #13 JDAC Capital SHU Allocation Adjustment Proposa
An on-chain proposal vote for Shutter DAO 0x36 has been created at Fractal by a community member parallverse.eth. #13 JDAC Capital SHU Allocation Adjustment Proposa https://app.fractalframework.xyz/daos/0x36bD3044ab68f600f6d3e081056F34f2a58432c4/proposals/13 Start Date: Mar 14, 2024, 1:30 PM CET [See your local time at Fractal] End Date: Mar 17, 2024, 2:28 PM CET [See your local time at Fractal] See details at Fractal: The on-chain proposal for Shutter DAO 0x36 has closed after passinā€¦
Fractal
Are you outgrowing your Multisig? Fractal extends Safe treasuries into on-chain hierarchies of permissions, token flows, and governance.

Shutter DAO 0x36: [On-chain] #14 Grant Proposal to execute technical roadmaps for Gnosis Chain Integration, OP Stack Development, and Espresso Collaboration | Brainbot GmbH
An on-chain proposal vote for Shutter DAO 0x36 has been created at Fractal by a community member 0xCDeefA17b571de21548A948A13a1f442431698d8. #14 Grant Proposal to execute technical roadmaps for Gnosis Chain Integration, OP Stack Development, and Espresso Collaboration | Brainbot GmbH https://app.fractalframework.xyz/daos/0x36bD3044ab68f600f6d3e081056F34f2a58432c4/proposals/14 Start Date: Mar 23, 2024, 8:10 PM CET [See your local time at Fractal] End Date: Mar 26, 2024, 9:11 PM CET [See yourā€¦
Fractal
Are you outgrowing your Multisig? Fractal extends Safe treasuries into on-chain hierarchies of permissions, token flows, and governance.

Stay tuned for more updates, follow Shutter on X, and join the Shutter Discord and the Shutter Forum! We look forward to more community discussions and feedback and growing Shutter together!

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