- Date: 7/24/23
- Address: axelar1vyg0gc7kh28ajvq2a4w3sdn33rc2txmkazks2v
→ Project Description:
Lava Protocol decentralizes RPC by pairing applications with an open network of node runners on any chain. While validators are excellent technical contributors to every web3 ecosystem, the problem we identified is the lack of incentives for RPC node runners to join, decentralize and amplify Axelar.
We thus propose “Decentralized Public RPC” (dpRPC). By using an incentive pool, Lava will attract node runners to power a decentralized RPC endpoint that will serve as a community-led, resilient to downtime, public good for any developer to use. This initiative will attract technical community members to not only run RPC nodes, but who will also amplify Axelar across Twitter, Github and contribute in many other ways to the ecosystem. We are seeking funding to sponsor the incentive pool, with the vast majority (80%) of it being distributed to node runners, while Lava will only take 20% to subsidize administrative and maintenance costs.
Just like how Validators are the most vocal voices across Web3, we believe RPC node runners, properly incentivized, have the technical expertise and motivation to become deep advocates of Axelar. A decentralized public RPC endpoint will be community-first and give node runners the initial entrypoint to help grow the Axelar ecosystem.
→ Funding Request:
We are requesting a $15000 in AXL Grant for integrating the Axelar RPC spec into the Lava protocol, maintaining the public endpoint and incentivizing the first cohort of node runners to join the decentralized RPC pool. The vast majority (80%) of the grant will be distributed by Axelar to node runners as rewards for bootstrapping the RPC pool, while Lava will only take 20% to subsidize administrative and maintenance costs. Axelar will be in a position to fund future campaigns to attract node runners.
Value to Axelar Community
We already have 100+ node runners who are ready to support this initiative, with the incentive pool we also aim to attract active members from the Axelar community, which will effectively strengthen Axelar’s ecosystem growth. By bringing together the community to create a Decentralized Public RPC endpoint, we will drive developer engagement on Axelar, attracting many more node runners to the ecosystem, the creation of new wallets to claim rewards and increased activity on Github and Twitter. We already see the high involvement of validators in every web3 ecosystem, and Decentralized Public RPC will encourage RPC node runners to be similarly vocal in and outside of the community. Upon success, the key benefits to Axelar are:
- The upcoming Axelar Virtual Machine will require robust and reliable RPC support to maintain good relayers and connections to Axelar, as well as other dApps deployed on it.
- Decentralized Public RPC access to Axelar;
- Lava RPC infrastructure will not just improve developer experience on Axelar but will also introduce better redundancy and high availability, performance optimization, censorship resistance, load balancing, greater scalability and privacy.
- Increased incentives for boosting Axelar node runner engagement
- Increase amplification of Axelar across Github and socials
→ Deliverables, Milestones, & Timeline:
We will maintain this project for at least six months.
- Milestone 1 - Integration & Set Up
- Define and launch onboarding flow for community node runners to join Lava
- Mutually define product features, monitoring skills, priorities for Axelar etc. for lightweight involvement by foundation resources going forward
- Milestone 2 – RPC live on Axelar Mainnet powered by Lava
- Create specs for Axelar mainnet JSON-RPC over Lava
- Adding Axelar support on Lava Gateway
- Deploy Public RPC endpoint as “axelar-mainnet.public.lavanet.xyz” working with Lava protocol, no registration needed.
- Enable support for Axelar on Lava SDK
- Deploy and announce RPCs with node runners
- Review and tune of performance, adoption and more with Axelar
- Milestone 3 – Maintenance and growth
- Monthly review and tune of performance, adoption and more with Axelar
- Provide access to existing Axelar node runners to join Lava as providers
- Create a dashboard to monitor all Axelar drRPC providers from this initiative
- Run co-marketing campaigns to attract node runners to join the dpRPC
- Review and tune of performance, adoption and more with Axelar
→ Bio & Past Work:
Gil is a distinguished expert in cybersecurity. After serving in the top cyber-warfare unit of the Israeli military, Gil founded Nautilus Intelligence (zero-day cybersecurity) acquired after just 3 years for which he raised capital, recruited and led top-tier engineering talent from Israel, Europe, and Asia. Gil came to understand the unique strengths and weaknesses of various blockchains by building high return MEV bots.
Yair is an accomplished serial entrepreneur having started his first company at age 21. Prior to focusing on crypto and co-founding Lava, he spent 6 years as the solo founder and CEO of [Supersmart]—the world’s first cashierless supermarket checkout technology. Supersmart processes $1.5B a year for top retailers in more than 9 countries. Other startups he’s co-founded include Ogmenti (Augmented Reality) and [Octopai] (Business Intelligence) for which he raised more than $50M, hired hundreds of employees and had 2 exits… Yair holds a B.Sc. in Computer Engineering from the Technion in Haifa, Israel.
Omer is an accomplished professional who currently serves as our Chief Architect Officer, demonstrating his expertise in RPC, consensus building, Layer 1 protocols, software design, and development. With a strong background in security research and zero-day cybersecurity, he has successfully led R&D teams, managed resources, and implemented various systems in the communications and digital signal processing domains. Omer holds an MBA from Tel Aviv University and a BE from the Technion in Haifa, Israel.