NeuronPool: Stake your ICP, join the pool and win big rewards!

volibear · May 3, 2025, 3:30am

Mico, its your opinion because you’re complaining about tokenomics not the design.

Mico · May 3, 2025, 3:34am

You must understand that tokenomics of sns projects directly affect decentralization of the dao controlled canisters.

Like I said it is cool that the code can be forked and contributed to by outside sources but in the end it’s up to 3 people to allow for these upgrades and code changes for the dao.

Therefore the dao products are centralized and any project plugging into dao controlled canisters should understand it’s not under decentralized ownership.

Mico · May 3, 2025, 3:49am

Is there a trust assumption here that the centralized dao will not harm neuron pool users?

volibear · May 3, 2025, 3:51am

Centralized compared to what? Trust and Security assumptions same as ANY DAO on ICP

Design however.. decentralized from the ground up. And Open Source. Something that few are not familiar with.

Mico · May 3, 2025, 3:57am

You are doing your best to avoid admitting that the projects using ntn dao as controllers for “security and transparency” are handing over control to 3 people.

The only thing this offers is transparency but not the other things you mentioned

volibear · May 3, 2025, 4:06am

To other DAOs and serious developers,

If you want to spin up your own Pylons and Vectors, you can do so without having to rely on Neutrinite.

Just like DFINITY, we are moving forward constantly and innovating things. Neutrinite DAO tools and products are decentralized by design. Code is open source and the canisters or proposals can be verified by anyone (one of the main use of SNS)

Neutrinite DAO will also continue building decentralized cutting edge tools and infra.

A user or a DAO can have their own pylons/full suite DEXs using ICRC-55 Protocol

github.com/Neutrinomic/wg_defi

icrc-55/ICRC55.md

main

# ICRC-55: DeFi Vectors Protocol Specification


## Introduction


ICRC55 is a protocol designed for building advanced DeFi systems out of interoperable components on the Internet Computer. It is authored by Neutrinomic Foundation, funded by Neutrinite DAO and discussed inside the IC DeFi Working Group.

## Core Technology

ICRC55 is built around the __DeFi Vector__ concept, a "push" model that transfers tokens from a source to a destination address based on preset conditions. Unlike traditional "pull" models, where recipients initiate transfers in synchronous virtual machines, this approach enables direct token movements without constantly polling promises from the source in asynchronous environments. 

In asynchronous, multi-canister execution environments, a "pull" model cannot achieve atomicity without unfeasible costs and complexity, whereas a "push" model can. With a "push" model, tokens remain under the custody of a single canister, granting it exclusive authority to manage those tokens and maintain an internal ledger, thereby offloading work from the main ledger. In contrast, a "pull" model involves shared custody of tokens, preventing any single entity in async environments from independently maintaining such a ledger.

Additionally, ICRC55 separates the conditions guiding these transfers from the token transfer itself. This allows conditions to be defined once, before sending tokens, and reused for subsequent transfers.

This setup enhances efficiency and security, particularly in high-frequency or complex multi-contract systems, enabling streamlined, reliable token flows across decentralized finance applications on the Internet Computer.

Clients using ICRC55 can assemble lean, streamlined modules to build a graph of interconnected nodes. This design enables precise configurations, transforming simple elements into advanced systems tailored to meet specific business requirements.

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NeuronPool: Stake your ICP, join the pool and win big rewards!

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