Tokenomics Update - September '23

Update 29/09/2023

  • Part 3 parameter discussion happening over the last two weeks, complete unless there are any further comments.

  • Chaos Labs have built a stable first iteration of the simulation environment, including system and open market characteristics. Next steps are fine-tuning it and iterating through a bunch of scenarios that have been put forward by Chaos and Nexus Mutual teams.

  • Engineering continuing with testing specs, code reviews and prepping for audit. Decided on a path forward for implementing a faster ratchet speed in the initial phase following launch.

  • Next week we’re meeting in person to split up testing between Engineering and R&D teams in more granular detail, and also plan for Stage 2.

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