DeFi Working Group

Thanks all for joining today’s session. Here are the slides.

Summary:

  • Two community members expressed concrete interest and would use the feature in their application if the feature was available.
  • Multiple people thought that the feature will be useful for launchpads, inscriptions, DEXes, and other applications both for boosting the messages and protecting against cycle draining attacks.
  • A feature to query the average fee in the last few blocks would be useful.
  • Consider a feature to allow spending cycles from someone else’s (sponsor’s) balance if the sponsor signs the approval. This would allow an off-chain service for users to boost their messages without talking to the cycles ledger canister and without maintaining their cycle balance on each subnet.

If I missed anything important, please add in comments.

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