This category is used for technical discussion about Centrifuge Chain and the Altair network, including running a Collator

Engineering

This category is used for updates, announcements and latest news about Centrifuge

Announcements

This category is used for broader discussions around Real World Assets (Decentralized underwriting, financial markets, tokenized assets) and financing, including introductions, POPs plus announcements and updates from Pools

Real World Assets

This category is used for discussion around investing in Tinlake pools, the RWAmarket and Maker as well to inform about product updates

Product

The community category is a space to ask and discuss anything about Centrifuge and Altair. Anyone can answer questions and add to the discussion

Community

This category is used for governance-related discussions, to post ‘request for comments’ and governance proposals.

Centrifuge Governance

This category is used for the governance process, discussion around Altair, to post ‘request for comments’ and proposals.

Altair Governance

<p>Council Motion 100 passed in the council and has now become Referendum 62 for all CFG token holders to vote on.</p>
<p>This referendum, if passed, will grant the Treasury Advisory Group (TAG) their mandate to pursue their stated objectives as defined <a href="https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464">here</a> <strong>and</strong> approve a treasury proposal of 47,000 CFG to fund the TAG the first 6 months.</p>
<p><img src="https://emoji.discourse-cdn.com/twitter/ballot_box.png?v=12" title=":ballot_box:" class="emoji" alt=":ballot_box:" loading="lazy" width="20" height="20"> Vote in the portal: <a href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc-centrifuge.luckyfriday.io#/democracy">CP117: Give a mandate to form the Treasury Advisory Group</a></p>
<p>or</p>
<p><img src="https://emoji.discourse-cdn.com/twitter/ballot_box.png?v=12" title=":ballot_box:" class="emoji" alt=":ballot_box:" loading="lazy" width="20" height="20"> Vote on SubSquare: <a href="https://centrifuge.subsquare.io/democracy/referenda/62"> CP117: Give a mandate to form the Treasury Advisory Group</a></p>

Orhan

CP117: Give a mandate to form the Treasury Advisory Group

Governance Facilitator / Active Contributor

<p>The proposal was approved/whitelisted by the Technical Committee and has now been submitted via the Whitelisted Caller track (please ignore the two other referenda that were submitted via the Root track).</p>
<p><a href="https://altair.subscan.io/referenda_v2/2">Referendum 2</a> is now live for all AIR token holders to vote on.</p>
<p>The total duration of the Decision Period is 3½ days.</p>
<p><img src="https://emoji.discourse-cdn.com/twitter/ballot_box.png?v=12" title=":ballot_box:" class="emoji" alt=":ballot_box:" loading="lazy" width="20" height="20"> Please vote here: <a href="https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Faltair.api.onfinality.io%2Fpublic-ws#/referenda">Runtime Upgrade 1300</a></p>

Runtime Upgrade 1300

<p><img src="https://emoji.discourse-cdn.com/twitter/x.png?v=12" title=":x:" class="emoji" alt=":x:" loading="lazy" width="20" height="20"> <a href="https://centrifuge.subsquare.io/democracy/referenda/61">Referendum 61</a> did not pass the onchain vote.</p>
<p><div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/a/a66fdfa669d56c2073ce35c83d220e851086f1e8.png" data-download-href="/uploads/short-url/nKmWN40SdZDTnnrkbsmX0ikPq2s.png?dl=1" title="image"><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/a/a66fdfa669d56c2073ce35c83d220e851086f1e8_2_371x500.png" alt="image" data-base62-sha1="nKmWN40SdZDTnnrkbsmX0ikPq2s" width="371" height="500" srcset="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/a/a66fdfa669d56c2073ce35c83d220e851086f1e8_2_371x500.png, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/a/a66fdfa669d56c2073ce35c83d220e851086f1e8.png 1.5x, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/a/a66fdfa669d56c2073ce35c83d220e851086f1e8.png 2x" data-dominant-color="F9F5F5"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename">image</span><span class="informations">445×599 24.1 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></p>
<p>CP120: Fix incorrect Protocol Fees for Anemoy DeFi Yield Fund 1 was rejected.</p>

CP120: Fix incorrect Protocol Fees for Anemoy DeFi Yield Fund 1

<p>Hi <a class="mention" href="/u/eshwar">@Eshwar</a></p>
<p>Thanks for suggesting this! The NFT Paris Summit Organizers have contacted the marketing team and I think it’s being considered cc <a class="mention" href="/u/christiechapman2">@christiechapman2</a></p>
<p>However, I personally had some concern about the depth and quality of the event. Other than the benefits about it being a more broad audience than just Web3 builders, can you share more about why you think it’s a good event?</p>
<p><img src="https://emoji.discourse-cdn.com/twitter/raised_hands.png?v=12" title=":raised_hands:" class="emoji only-emoji" alt=":raised_hands:" loading="lazy" width="20" height="20"></p>

Kate

Participation in RWA Paris Summit 2025

Active Contributor

<p><div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/c/c6c0a81c17c931155904e5a4ad1837270d94c55f.png" data-download-href="/uploads/short-url/smfiRgrvAktBcSaqiaIE9zBWZkP.png?dl=1" title="image"><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/c/c6c0a81c17c931155904e5a4ad1837270d94c55f.png" alt="image" data-base62-sha1="smfiRgrvAktBcSaqiaIE9zBWZkP" width="690" height="231" data-dominant-color="F1F1F1"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename">image</span><span class="informations">919×308 6.17 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></p>
<p>We are thrilled to announce that Centrifuge Token holders can now deposit, and withdraw CFG tokens on Ledger!</p>
<p><img src="https://emoji.discourse-cdn.com/twitter/shamrock.png?v=12" title=":shamrock:" class="emoji" alt=":shamrock:" loading="lazy" width="20" height="20"> A big shoutout to our Dev team for quickly enabling  Polkadot’s new Generic Ledger app!</p>
<p>Alongside Manta Network, we’re the only two (out of 39) parachains that have enabled this so far.</p>
<p>Supported wallets:<br>
• Subwallet<br>
• Talisman<br>
• NovaWalletApp<br>
• <a href="http://Polkadot.js.org">Polkadot.js.org</a> (Soon)</p>
<p>You can find the tutorial on how to store your CFG Tokens on Ledger on the website of the supported wallets!</p>
<ul>
<li>Discussion : <a href="https://forum.polkadot.network/t/new-polkadot-ledger-app/8817">Generic Ledger App on Polkadot Forum</a></li>
</ul>
<p><img src="https://emoji.discourse-cdn.com/twitter/link.png?v=12" title=":link:" class="emoji only-emoji" alt=":link:" loading="lazy" width="20" height="20"><a href="https://dashboards.data.paritytech.io/metadata.html" class="inline-onebox">Parity Data Dashboards - Parachain Metadata</a><br>
<div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/6/642b2d29f625730a3bbd76e4788727ddc803cdbe.png" data-download-href="/uploads/short-url/ei8fD4P7hgE0CBarceik0oxvcaa.png?dl=1" title="image"><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/6/642b2d29f625730a3bbd76e4788727ddc803cdbe.png" alt="image" data-base62-sha1="ei8fD4P7hgE0CBarceik0oxvcaa" width="690" height="440" data-dominant-color="F3F3F4"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename">image</span><span class="informations">1492×953 43.8 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></p>

CFG can now be stored on your Ledger

Centrifuge Governance Call #29 | 2024-07-17

<p>Greetings Centrifuge DAO!</p>
<p>Q2 was another busy quarter for GCG. Several proposals have been submitted to the DAO, and as usual, we made sure that all proposals followed our process and announced them extensively across our communication channels to ensure high (quality) participation from our DAO members.</p>
<p>We have also put the “<em>Coordination</em>” in the “Governance &amp; <em>Coordination</em> Group” to a test as we have connected several potential collaborators with the relevant people in our DAO and also attended various events across Europe. We participated in panel talks about DAO and Governance in both ETHBratislava and ETHDublin.</p>
<p>Also, we recently participated in events in Brussels: RWA Brussels (co-hosted by Centrifuge), EthCC[7] and Polkadot Decoded, in addition to some side events in Brussels that we also went to.</p>
<p>It has been very fruitful to go all these places in order to gain more experience, learn from other projects/DAOs and also expand our professional network.</p>
<p>If you want to read our previous status reports, you can do that <a href="https://gov.centrifuge.io/tag/gcg">here</a>.</p>
<hr>
<h2><a name="raising_hand_man-proposals-made-by-gcg-1" class="anchor" href="#raising_hand_man-proposals-made-by-gcg-1"></a><img src="https://emoji.discourse-cdn.com/twitter/raising_hand_man.png?v=12" title=":raising_hand_man:" class="emoji" alt=":raising_hand_man:" loading="lazy" width="20" height="20"> Proposals made by GCG</h2>
<ul>
<li><a href="https://gov.centrifuge.io/t/cp103-launch-an-rwa-lending-market/6346">CP103: Launch an RWA Lending Market</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp108-centrifuge-migration-to-opengov/5984">CP108: Centrifuge Migration to OpenGov</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp116-rwa-lending-market-liquidity-bootstrap/6467">CP116: RWA Lending Market Liquidity Bootstrap</a> (passed)</li>
</ul>
<h2><a name="handshake-proposals-facilitatedassisted-by-gcg-2" class="anchor" href="#handshake-proposals-facilitatedassisted-by-gcg-2"></a><img src="https://emoji.discourse-cdn.com/twitter/handshake.png?v=12" title=":handshake:" class="emoji" alt=":handshake:" loading="lazy" width="20" height="20"> Proposals Facilitated/Assisted by GCG</h2>
<ul>
<li><a href="https://gov.centrifuge.io/t/cp102-deposit-additional-cfg-into-hydradx-omnipool/6326">CP102: Deposit additional CFG into HydraDX Omnipool</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp104-financial-reporting/6351">CP104: Financial Reporting</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp105-data-protocol-technical-proposal/6344">CP105: Data Protocol (Technical Proposal)</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp107-updated-treasury-spending-agreement/6290">CP107: Updated Treasury Spending Agreement</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp110-pop-anemoy-defi-yield-fund-1/6400">CP110: (POP) Anemoy DeFi Yield Fund 1</a> (passed)</li>
<li><a href="https://gov.centrifuge.io/t/cp112-integration-of-the-network-into-tangem-and-production-of-500-branded-centrifuge-wallets-2-card-sets/6332">CP112: Integration of the network into tangem and production of 500 branded centrifuge wallets (2-card sets)</a> (rejected)</li>
<li><a href="https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464">CP117: Give a mandate to form the Treasury Advisory Group</a> (ongoing)</li>
<li><a href="https://gov.centrifuge.io/t/cp118-runtime-upgrade-1103/6477">CP118: Runtime Upgrade 1103</a> (passed)</li>
</ul>
<hr>
<h2><a name="phone-hosting-monthly-governance-call-3" class="anchor" href="#phone-hosting-monthly-governance-call-3"></a><img src="https://emoji.discourse-cdn.com/twitter/phone.png?v=12" title=":phone:" class="emoji" alt=":phone:" loading="lazy" width="20" height="20"> Hosting Monthly Governance Call</h2>
<p>Governance Calls hosted and moderated by the GCG in Q1 2024:</p>
<ul>
<li><a href="https://gov.centrifuge.io/t/centrifuge-governance-call-26-2024-04-17/6333">Governance Call #26</a></li>
<li><a href="https://gov.centrifuge.io/t/centrifuge-governance-call-27-2024-05-15/6401">Governance Call #27</a></li>
<li><a href="https://gov.centrifuge.io/t/centrifuge-governance-call-28-2024-06-26/6465">Governance Call #28</a></li>
</ul>
<hr>
<h2><a name="white_check_mark-other-deliverables-4" class="anchor" href="#white_check_mark-other-deliverables-4"></a><img src="https://emoji.discourse-cdn.com/twitter/white_check_mark.png?v=12" title=":white_check_mark:" class="emoji" alt=":white_check_mark:" loading="lazy" width="20" height="20"> Other Deliverables</h2>
<h4><a name="managing-partnership-tickets-on-discord-5" class="anchor" href="#managing-partnership-tickets-on-discord-5"></a>Managing Partnership Tickets on Discord</h4>
<ul>
<li>We screen all partnership tickets we get on Discord and follow up with a call with those proposals that could be interesting for our DAO to explore or facilitate the contact to the relevant person in the DAO.</li>
</ul>
<h4><a name="testing-and-providing-feedback-on-the-centrifuge-app-6" class="anchor" href="#testing-and-providing-feedback-on-the-centrifuge-app-6"></a>Testing and Providing Feedback on the Centrifuge App</h4>
<ul>
<li><a class="mention" href="/u/imdior">@ImdioR</a> has spent a lot of time testing the <a href="https://app.centrifuge.io/pools">Centrifuge App</a> and suggesting feedback to improve the user experience and fixing bugs.</li>
</ul>
<h4><a name="assisting-with-our-documentation-7" class="anchor" href="#assisting-with-our-documentation-7"></a>Assisting With our Documentation</h4>
<ul>
<li>Whenever changes are made to our governance process, we are responsible for updating our documentation accordingly. This quarter, we have also assisted with the documentation in general by suggesting improvements to the structure and content.</li>
</ul>
<h4><a name="assisting-with-dao-slack-8" class="anchor" href="#assisting-with-dao-slack-8"></a>Assisting With DAO Slack</h4>
<ul>
<li>Regular updates about ongoing governance events for Active Contributors and also helping with onboarding and inviting new members to Centrifuge DAO Slack.</li>
</ul>
<h4><a name="moderating-our-communication-channels-9" class="anchor" href="#moderating-our-communication-channels-9"></a>Moderating Our Communication Channels</h4>
<ul>
<li>We are constantly present and keep an eye on all our channels to both assist the community with their issues/questions and make sure that it is a safe and pleasant environment for everyone to be in, and moderate if needed. We have taken some security precautions on Discord to mitigate the risks of scammer attacks (disabling link posting and DMs) which has had a very positive effect so far. Unused bots have also been removed.</li>
</ul>
<h2><a name="face_with_monocle-main-focus-areas-q3-2024-10" class="anchor" href="#face_with_monocle-main-focus-areas-q3-2024-10"></a><img src="https://emoji.discourse-cdn.com/twitter/face_with_monocle.png?v=12" title=":face_with_monocle:" class="emoji" alt=":face_with_monocle:" loading="lazy" width="20" height="20"> Main Focus Areas Q3 2024</h2>
<h4><a name="migration-to-opengov-11" class="anchor" href="#migration-to-opengov-11"></a>Migration To OpenGov</h4>
<p>The migration to OpenGov will be voted on by token holders within the next couple of months. It already has launched on Altair first to test the tracks and parameters. After a period of time of testing, it will also be launched on Centrifuge. GCG will assist the devs with the testing of the setup, to ensure things will work as intended, and update relevant documentation where needed.</p>
<h4><a name="intro-course-for-new-ambassadorsactive-contributors-12" class="anchor" href="#intro-course-for-new-ambassadorsactive-contributors-12"></a>Intro course for new Ambassadors/Active Contributors</h4>
<p>We are working on an intro course for Centrifuge so people who want to start contributing (or people who already are contributing) can get a comprehensive overview of our protocol, products and governance. The goal is to have this finished once transitioned to OpenGov on Centrifuge and start the first course for some of our newest ambassadors and Active Contributors.</p>
<h4><a name="participate-in-blockchain-eventsconferences-13" class="anchor" href="#participate-in-blockchain-eventsconferences-13"></a>Participate in blockchain events/conferences</h4>
<p>The GCG will be present at some of the events around in Europe to attend relevant talks/discussions. One of the main goals is to network and hopefully find more Active Contributors/experts to join our DAO.</p>
<h4><a name="token-utility-dashboard-14" class="anchor" href="#token-utility-dashboard-14"></a>Token Utility Dashboard</h4>
<p>We will be looking into a dashboard to display information about our treasury, spending, block rewards, tokens used to vote in governance, transactions on Centrifuge chain and much more. GCG will be assisting in this process with the design and content of the dashboard. It still hasn’t been decided where this dashboard will be.</p>
<h4><a name="delegation-dashboard-delegation-programme-15" class="anchor" href="#delegation-dashboard-delegation-programme-15"></a>Delegation Dashboard + Delegation programme</h4>
<p>This dashboard will be built in the existing UI on SubSquare and display information about delegates (their background, voting/commenting history etc.) and token holders can delegate their tokens to them. More information about the delegation programme will be shared once it is ready.</p>
<h4><a name="planning-and-hosting-active-contributors-call-16" class="anchor" href="#planning-and-hosting-active-contributors-call-16"></a>Planning and hosting Active Contributors call</h4>
<p>Starting from Q3, GCG will also host our quarterly call for Active Contributors to the Centrifuge DAO. In these calls, alpha is usually shared from the different areas of our DAO (marketing, development, business development etc.).</p>
<hr>
<p>We are proud to be part of shaping our governance, protocol and tools going forward and are going into the challenges of Q3 with open arms!</p>
<p>All the best,</p>
<p>GCG (<a class="mention" href="/u/imdior">@ImdioR</a> and <a class="mention" href="/u/rhano">@Rhano</a>)</p>

GCG Status Q2 2024

<p><a href="https://altair.subsquare.io/democracy/referenda/27?tab=call">Referendum 27</a> for authorizing Runtime Upgrade 1200 passed at block <span class="hashtag-raw">#5831596</span> and was enacted today!</p>
<p><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/2/2c1d6046df0e5e9646eeeb78d1ac820a65c7aa43.png" alt="image" data-base62-sha1="6ifWGYw3U49VLAsYfHneQHrzrDJ" width="324" height="428"></p>
<p>OpenGov is now live on Altair!</p>
<p>Thank you for voting!</p>

Council Motion 106: Runtime Upgrade 1200

RFC: Altair Migration to OpenGov

<p><a href="https://centrifuge.subsquare.io/democracy/referenda/60">Referendum 60</a> for CP119: Runtime Upgrade 1300 passed at block <span class="hashtag-raw">#5856321</span> (9th July 2024) and has been enacted.</p>
<p><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/5/5e88020f66ec0f388307f9781f8745370c6f5874.png" alt="image" data-base62-sha1="dughf5OdqIDSdrKEmOG8lhaSTPK" width="287" height="369"></p>
<p>The Ledger issue should how be resolved!</p>
<p>Thank you for voting!</p>

CP119: Runtime Upgrade 1300

<p><a href="https://centrifuge.subsquare.io/democracy/referenda/59?tab=call">Referendum 59</a> for CP116: RWA Lending Market Liquidity Bootstrap passed at block <span class="hashtag-raw">#5841125</span> (7th July 2024 at 6.51 am CET) and the funds were already transferred to the Morpho Rewards Distributor Contract (4eEqmbQMbFfNUg6bQnqi9zgUvQvSpNbUgstEM64Xq9FW58Xv).</p>
<p><div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/5/51c9dc74d88df84a66150cc5e5b6e0e20d53710d.png" data-download-href="/uploads/short-url/bFx9XvDtVpsIyFErPm4WiD9Jp3D.png?dl=1" title="image"><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/5/51c9dc74d88df84a66150cc5e5b6e0e20d53710d_2_690x211.png" alt="image" data-base62-sha1="bFx9XvDtVpsIyFErPm4WiD9Jp3D" width="690" height="211" srcset="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/5/51c9dc74d88df84a66150cc5e5b6e0e20d53710d_2_690x211.png, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/5/51c9dc74d88df84a66150cc5e5b6e0e20d53710d_2_1035x316.png 1.5x, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/5/51c9dc74d88df84a66150cc5e5b6e0e20d53710d_2_1380x422.png 2x" data-dominant-color="F5F6F6"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename">image</span><span class="informations">1930×591 66 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></p>
<p>Thank you for voting everyone!</p>

CP116: RWA Lending Market Liquidity Bootstrap

<p>Yeah, <a class="mention" href="/u/equainton">@equainton</a> can’t be serious if he is really suggesting to write to mo@1754.finance He is the first to know that it is a dead address and complete waste of time to ask any questions there.</p>

rogerio

hepp

1754 Factory: Proposed Legal Review and Report to Centrifuge Community

<h1><a name="h-2024-june-centrifuge-dao-monthly-summary-1" class="anchor" href="#h-2024-june-centrifuge-dao-monthly-summary-1"></a>2024-June Centrifuge DAO: Monthly Summary</h1>
<p>Welcome to our monthly summary* of news, events and governance updates from the Centrifuge DAO for June!<br>
*Please <a href="https://mirror.xyz/0xa8790B92Dd3D969aF269294bF52128119Fe9A083">subscribe</a> to the newsletter to receive the latest updates directly to your inbox!</p>
<p><div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/2/2abeecec621c079aea96e650cb2ed322ca2e1c7c.png" data-download-href="/uploads/short-url/6696NKIakDikSKrCO7nr5WMOZLS.png?dl=1" title=""><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/2/2abeecec621c079aea96e650cb2ed322ca2e1c7c_2_624x351.png" alt="" data-base62-sha1="6696NKIakDikSKrCO7nr5WMOZLS" width="624" height="351" role="presentation" srcset="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/2/2abeecec621c079aea96e650cb2ed322ca2e1c7c_2_624x351.png, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/2/2abeecec621c079aea96e650cb2ed322ca2e1c7c_2_936x526.png 1.5x, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/2/2abeecec621c079aea96e650cb2ed322ca2e1c7c_2_1248x702.png 2x" data-dominant-color="D7D1C1"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename"></span><span class="informations">1600×900 48.5 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></p>
<p>Real World Assets - Are the institutions coming? This was the title of one of the events Centrifuge attended this month and is a good teaser of the most important happenings in June because Centrifuge and RWAs - combined with the topic of regulation in Crypto - are omnipresent! This, and much more, can be found in this newsletter!</p>
<p><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/c/c16b8e3c00cf8ff23c9996b1225d579c8764a968.png" alt="" data-base62-sha1="rB4AuD4KSf153N2MSPy8NIBrCU8" width="138" height="111" role="presentation"></p>
<ul>
<li><a href="https://x.com/centrifuge/status/1806031243668054468">ERC-7540 Token Vault Standard</a> <img src="https://emoji.discourse-cdn.com/twitter/clinking_glasses.png?v=12" title=":clinking_glasses:" class="emoji" alt=":clinking_glasses:" loading="lazy" width="20" height="20"></li>
<li>The <a href="https://centrifuge.mirror.xyz/55xAwYhUBB9jHNFytS4u3jsG6HEkDzBljl253oEojBs">Importance of Token Standards for RWA tokenization</a> <img src="https://emoji.discourse-cdn.com/twitter/open_book.png?v=12" title=":open_book:" class="emoji" alt=":open_book:" loading="lazy" width="20" height="20"></li>
<li>Mandate to form the <a href="https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464">Treasury Advisory Group</a> <img src="https://emoji.discourse-cdn.com/twitter/classical_building.png?v=12" title=":classical_building:" class="emoji" alt=":classical_building:" loading="lazy" width="20" height="20"></li>
<li>New Active Contributors to the DAO <img src="https://emoji.discourse-cdn.com/twitter/people_holding_hands.png?v=12" title=":people_holding_hands:" class="emoji" alt=":people_holding_hands:" loading="lazy" width="20" height="20"></li>
<li><a href="https://app.centrifuge.io/pools/4139607887/reporting/balance-sheet">Reporting in Pools</a> <img src="https://emoji.discourse-cdn.com/twitter/abacus.png?v=12" title=":abacus:" class="emoji" alt=":abacus:" loading="lazy" width="20" height="20"></li>
<li><a href="https://blockworks.co/news/crypto-regulators-us-global-legislation">Regulatory frameworks in Crypto</a> need to be flexible <img src="https://emoji.discourse-cdn.com/twitter/open_book.png?v=12" title=":open_book:" class="emoji" alt=":open_book:" loading="lazy" width="20" height="20"></li>
</ul>
<h2><a name="key-metrics-2" class="anchor" href="#key-metrics-2"></a>Key Metrics</h2>
<ul>
<li>Total Value Locked (07/01/24): $290.8M (MakerDAO: $166M)</li>
<li>Total Assets Originated: $607M (+19M)</li>
<li>Assets Tokenized: 1494</li>
<li>Token Holders: 53,975 Wallets (+246)</li>
</ul>
<h1><a name="ecosystem-3" class="anchor" href="#ecosystem-3"></a>Ecosystem</h1>
<p>The Ecosystem is focused on educating the world about Centrifuge, creating visibility and opportunity for RWAs, and sharing the narrative of how the world’s credit will be financed through DeFi.</p>
<p>June highlights include:</p>
<ul>
<li>
<p>Centrifuge on the stage: <img src="https://emoji.discourse-cdn.com/twitter/ticket.png?v=12" title=":ticket:" class="emoji" alt=":ticket:" loading="lazy" width="20" height="20"></p>
<ul>
<li>For the ones who missed it, the <a href="https://x.com/rwasummit/status/1806721091282592204">RWA Austin highlight reel</a> is live</li>
<li>The future of asset management is onchain: Twitter Spaces, June 18. A fireside chat with Centrifuge, Plume Network, Polytrade and Credbull to discuss the future of asset management.<img src="https://emoji.discourse-cdn.com/twitter/studio_microphone.png?v=12" title=":studio_microphone:" class="emoji" alt=":studio_microphone:" loading="lazy" width="20" height="20"></li>
<li><a href="https://www.tokenfuture.io/">TOKENFUTURE</a>: The Next Generation of Financial Markets, June 18 in Frankfurt with Martin.<img src="https://emoji.discourse-cdn.com/twitter/studio_microphone.png?v=12" title=":studio_microphone:" class="emoji" alt=":studio_microphone:" loading="lazy" width="20" height="20"></li>
<li>Transparency in RWA: Twitter Spaces, June 26 with Eli <img src="https://emoji.discourse-cdn.com/twitter/studio_microphone.png?v=12" title=":studio_microphone:" class="emoji" alt=":studio_microphone:" loading="lazy" width="20" height="20"></li>
<li>Real World Assets: Are the institutions coming? How close are we to the institutional adoption of real world assets? Lucas spoke on this subject in a Meetup in Zurich, June 24</li>
</ul>
</li>
<li>
<p>Centrifuge Features &amp; Media: <img src="https://emoji.discourse-cdn.com/twitter/newspaper.png?v=12" title=":newspaper:" class="emoji" alt=":newspaper:" loading="lazy" width="20" height="20"></p>
<ul>
<li><a href="https://superstate.co/blog/rwa-summit-consensus-2024-recap">RWA Summit 2024: Tokenization Insights, Innovations, and Future Considerations Take Center Stage</a> (Superstate)</li>
<li><a href="https://financefeeds.com/benefits-challenges-and-the-future-of-real-world-asset-tokenization/">Benefits, Challenges, and the Future of Real-World Asset Tokenization</a> (FinanceFeeds)</li>
<li><a href="https://cryptonews.com/news/real-world-assets-may-overtake-blockchain-sector-due-to-tradfi-interest.htm">Real-World Assets May Overtake Blockchain Sector Due To TradFi Interest</a> (Cryptonews)</li>
<li><a href="https://www.ledgerinsights.com/congressional-hearing-on-rwa-tokenization-shows-confusion-about-public-blockchain-securities/">Congressional hearing on RWA tokenization shows confusion about public blockchain securities</a> (Ledger Insights)</li>
<li><a href="https://blockworks.co/news/crypto-regulators-us-global-legislation">Hey regulators, here’s how to get crypto right</a> (Blockworks)</li>
<li><a href="https://beincrypto.com/polkadot-potential-real-world-asset-tokenization/">Polkadot Makes Significant Strides Into Real-World Asset Tokenization</a> (Beincrypto)</li>
<li><a href="https://cryptoslate.com/congress-to-discuss-real-world-asset-tokenization-in-june/">Congress to discuss potential benefits of RWA tokenization in June hearing</a> (CryptoSlate)</li>
<li><a href="https://www.inc.com/entrepreneurs-organization/how-blockchain-technology-is-shaping-future-of-real-estate.html">How Blockchain Technology Is Shaping the Future of Real Estate</a> (<a href="http://Inc.com">Inc.com</a>)</li>
</ul>
</li>
<li>
<p>Research:</p>
<ul>
<li><a href="https://slack-files.com/files-pri-safe/T04HD8KGZHP-F079TK8A22Y/mapping_out_the_real-world-asset__rwa__ecosystem.pdf?c=1719739591-d061af016af9dc61">Mapping Out The Real-World-Asset (RWA) Ecosystem</a> (The Block)</li>
<li><a href="https://cdn.prod.website-files.com/65f28017eaba8cd1f912fa9f/66620cac0c974554aba4846e_Institutional%20Interoperability%20White%20Paper.pdf">Institutional Interoperability: How Financial Institutions Navigate a Multichain World<br>
</a> (Axelar Foundation)</li>
<li><a href="https://www.mckinsey.com/industries/financial-services/our-insights/from-ripples-to-waves-the-transformational-power-of-tokenizing-assets">From ripples to waves: The transformational power of tokenizing assets</a> (McKinsey &amp; Company)</li>
</ul>
</li>
</ul>
<h1><a name="community-4" class="anchor" href="#community-4"></a>Community</h1>
<p>The Community is represented primarily by individuals and organizations that are actively participating in governance, contributing to processes and discourse, and are economically tied to the success of Centrifuge.</p>
<ul>
<li>Welcome new Active Contributors to the Centrifuge DAO! Michael Lukasevicz, who is working on growing socials/marketing! His mission is to get anyone who is interested more involved in marketing. As well Andrew Liffey, who has been working in and around Polkadot for several years. Feel free to reach out to Michael and Andrew if you have any ideas or just want to connect! <img src="https://emoji.discourse-cdn.com/twitter/clap.png?v=12" title=":clap:" class="emoji" alt=":clap:" loading="lazy" width="20" height="20"></li>
<li>K/Factory has two more roles to fill. If you are interested, submit your application <a href="https://jobs.lever.co/centrifuge">here</a>.</li>
<li>Anemoy, which leverages the Centrifuge infrastructure to tokenize and distribute assets <a href="https://www.anemoy.io/blog/anemoy-acquires-nbrhd-capital">acquires Neighbourhood Capital</a> This acquisition supports Anemoy’s mission to build financial markets for the onchain era.</li>
</ul>
<p>More community news and Social media coverage:</p>
<p><a href="https://x.com/Polkadot/status/1799793494204227713">@Polkadot: How can DeFi users, DAO treasuries, and institutional investors benefit from real-world assets on chain?</a> <img src="https://emoji.discourse-cdn.com/twitter/arrow_down.png?v=12" title=":arrow_down:" class="emoji" alt=":arrow_down:" loading="lazy" width="20" height="20"><br>
<div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/c/cbf40fd2028e33f8f666bc095c1c6a9ac41ab0ad.jpeg" data-download-href="/uploads/short-url/t6fPf2g9nU41E6KFFsyFlaAGoMZ.jpeg?dl=1" title=""><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/c/cbf40fd2028e33f8f666bc095c1c6a9ac41ab0ad_2_500x500.jpeg" alt="" data-base62-sha1="t6fPf2g9nU41E6KFFsyFlaAGoMZ" width="500" height="500" role="presentation" srcset="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/c/cbf40fd2028e33f8f666bc095c1c6a9ac41ab0ad_2_500x500.jpeg, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/c/cbf40fd2028e33f8f666bc095c1c6a9ac41ab0ad_2_750x750.jpeg 1.5x, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/c/cbf40fd2028e33f8f666bc095c1c6a9ac41ab0ad_2_1000x1000.jpeg 2x" data-dominant-color="564854"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename"></span><span class="informations">1200×1200 149 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></p>
<p><a href="https://x.com/nobrainflip/status/1797562841228001671">https://x.com/nobrainflip/status/1797562841228001671<br>
</a><a href="https://x.com/TheCryptoLark/status/1799079855125901420">https://x.com/TheCryptoLark/status/1799079855125901420<br>
</a><a href="https://www.youtube.com/watch?v=xqsT2L9H6xo">https://www.youtube.com/watch?v=xqsT2L9H6xo<br>
</a><br>
News from our ambassadors…<br>
<a href="https://www.youtube.com/live/c-7FtW8S1go">https://www.youtube.com/live/c-7FtW8S1go<br>
</a></p>
<p>Save the date: <img src="https://emoji.discourse-cdn.com/twitter/date.png?v=12" title=":date:" class="emoji" alt=":date:" loading="lazy" width="20" height="20"><br>
July 9 (Brussels): <a href="https://www.rwasummit.io/brussels-2024">Real-World Asset Summit</a> <img src="https://emoji.discourse-cdn.com/twitter/tickets.png?v=12" title=":tickets:" class="emoji" alt=":tickets:" loading="lazy" width="20" height="20"><br>
July 16 Community call: Twitter space</p>
<h3><a name="governance-5" class="anchor" href="#governance-5"></a>Governance</h3>
<ul>
<li>To get an overview and to start with see the monthly <a href="https://mirror.xyz/0x5395508aF41C2408692E06d16Ef8ca55AA193d9e">governance updates</a> provided by the Governance &amp; Coordination Group.</li>
<li>In the <a href="https://gov.centrifuge.io/t/centrifuge-governance-call-28-2024-06-26/6465">Governance Call 28</a>* on June 26 topics such as the mandate for the Treasury Advisory Group (see below), Goals and Objectives of Resource Allocation and the next steps for the RWA lending market were presented and discussed. The call was <a href="https://youtu.be/jue-QZjxSEQ">recorded </a>as always.<br>
*Reminder: If you haven’t joined a gov call previously, you can register in the forum post.</li>
<li>Governance proposal to give a mandate from the Centrifuge DAO to set up and legitimize <a href="https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464">‘The Treasury Advisory Group’ (TAG)</a> to facilitate, coordinate, formalize and advise on treasury activity and resource processes. As always, please leave your comments and remarks in the post.</li>
</ul>
<p><img src="https://emoji.discourse-cdn.com/twitter/exclamation.png?v=12" title=":exclamation:" class="emoji" alt=":exclamation:" loading="lazy" width="20" height="20">Please actively participate in the governance process, leave your comments and remarks in the RFCs and vote on proposals <img src="https://emoji.discourse-cdn.com/twitter/exclamation.png?v=12" title=":exclamation:" class="emoji" alt=":exclamation:" loading="lazy" width="20" height="20"> <img src="https://emoji.discourse-cdn.com/twitter/ballot_box.png?v=12" title=":ballot_box:" class="emoji" alt=":ballot_box:" loading="lazy" width="20" height="20"><img src="https://emoji.discourse-cdn.com/twitter/writing_hand.png?v=12" title=":writing_hand:" class="emoji" alt=":writing_hand:" loading="lazy" width="20" height="20"><br>
<img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/3/3c9d151ea14d04c40331a3fe296a6358eb050d1b.png" alt="" data-base62-sha1="8Edc999CjwdATaSYqvhkVXdEvxN" width="620" height="348" role="presentation"></p>
<h1><a name="protocol-6" class="anchor" href="#protocol-6"></a>Protocol</h1>
<p>The Protocol is represented primarily by organizations that are actively using Centrifuge’s technology to facilitate the underwriting, structuring, and financing of RWAs.</p>
<h3><a name="product-engineering-7" class="anchor" href="#product-engineering-7"></a>Product &amp; Engineering</h3>
<ul>
<li>Tokenized Vaults: We are thrilled to announce that after over several months of discussions that evolved the standard ERC-4626 by adding support for asynchronous deposit and redemption flows, the <a href="https://eips.ethereum.org/EIPS/eip-7540">ERC-7540 token vault</a> is officially finalized! <img src="https://emoji.discourse-cdn.com/twitter/partying_face.png?v=12" title=":partying_face:" class="emoji" alt=":partying_face:" loading="lazy" width="20" height="20"> A very good explanation what this means is explained in the<a href="https://centrifuge.mirror.xyz/55xAwYhUBB9jHNFytS4u3jsG6HEkDzBljl253oEojBs"> Medium blog</a>.<br>
<div class="lightbox-wrapper"><a class="lightbox" href="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/e/e7e0fdefdff3c5197966f081f4d7e9ac2125da70.jpeg" data-download-href="/uploads/short-url/x5ikZU9f4yx8N7OXZ2MCwq4fYsM.jpeg?dl=1" title=""><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/e/e7e0fdefdff3c5197966f081f4d7e9ac2125da70_2_624x312.jpeg" alt="" data-base62-sha1="x5ikZU9f4yx8N7OXZ2MCwq4fYsM" width="624" height="312" role="presentation" srcset="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/e/e7e0fdefdff3c5197966f081f4d7e9ac2125da70_2_624x312.jpeg, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/e/e7e0fdefdff3c5197966f081f4d7e9ac2125da70_2_936x468.jpeg 1.5x, https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/optimized/2X/e/e7e0fdefdff3c5197966f081f4d7e9ac2125da70_2_1248x624.jpeg 2x" data-dominant-color="BEBBB1"><div class="meta"><svg class="fa d-icon d-icon-far-image svg-icon" aria-hidden="true"><use href="#far-image"></use></svg><span class="filename"></span><span class="informations">1600×800 158 KB</span><svg class="fa d-icon d-icon-discourse-expand svg-icon" aria-hidden="true"><use href="#discourse-expand"></use></svg></div></a></div></li>
<li>If you are into numbers, check out the new functionality called<a href="https://app.centrifuge.io/pools/4139607887/reporting"> Reporting in Pools</a>, where different metrics such as the Pool’s balance sheet, fees transactions, Cash flow statement and much more can be extracted.</li>
<li><a href="https://gov.centrifuge.io/t/issuer-alt-1-0-spv-llc/3506/5">Pool update Alternative Finance</a>: if you are an investor always make sure to stay up to date and follow the latest news and updates given by the Issues in the Forum or other official channels.</li>
</ul>
<p><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/5/51c5e0e536186bf298feaed6c3d9efeb50dcf694.png" alt="" data-base62-sha1="bFoCVnWrfZKPMQMMlHQHX3sTFcw" width="284" height="177" role="presentation"></p>
<p>Stay tuned for the next monthly update with more news, governance updates and developments from the ecosystem!</p>
<p>Connect with us as a reply to this post or you can get in touch with the team, ambassadors or moderators in <a href="https://discord.com/invite/yEzyUq5gxF">Discord</a>!</p>

Christian

2024-June Centrifuge DAO: Monthly Summary

<p>Referendum 58 has passed and Runtime Upgrade 1103 has been authorized and is ready to be enacted.</p>
<p><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/b/bf0fddb7109c6f6be3389b04d988701b890694c3.png" alt="image" data-base62-sha1="rgdbLs20miK1saVtyQ2zGWqLpPt" width="333" height="429"></p>
<p>Thank you for voting everyone.</p>

CP118: Runtime Upgrade 1103

<p>I am not aware of the exact issue but there can be several reasons for Delisting in general so before people coming up with their option than the real reason.</p>
<p>On other side EU is much better place with respect to regulation and MiCA in comparison to US markets and with a good compliance team this would be a doable job if it is related MiCA and I hope this is only a temporary delisting for Kraken.</p>

Eshwar

Investor Concerns Regarding CFG Delisting on Kraken Germany

<p>The Governance &amp; Coordination Group will provide a monthly update about all ended and on-going proposals so the DAO can stay updated.</p>
<p><img src="https://europe1.discourse-cdn.com/business20/uploads/centrifuge1/original/2X/d/de1eec5f6eaee06d1ab92f5cbe3ffd5ad35c5ae4.png" alt="image" data-base62-sha1="vGYfAgNcjxnwPZVndVF3mDLePHe" width="213" height="86"></p>
<h2><a name="ended-proposals-1st-june-30th-june-1" class="anchor" href="#ended-proposals-1st-june-30th-june-1"></a>Ended proposals (1st June - 30th June)</h2>
<div class="md-table">
<table>
<thead>
<tr>
<th>CP#</th>
<th>Proposal</th>
<th>Status</th>
<th>Ended</th>
</tr>
</thead>
<tbody>
<tr>
<td>102</td>
<td><a href="https://gov.centrifuge.io/t/rfc-deposit-additional-cfg-into-hydradx-omnipool/6326">Deposit additional CFG into HydraDX Omnipool</a></td>
<td>passed</td>
<td>9/6/2024</td>
</tr>
<tr>
<td>103</td>
<td><a href="https://gov.centrifuge.io/t/rfc-launch-an-rwa-lending-market/6346">Launch an RWA Lending Market</a></td>
<td>passed</td>
<td>9/6/2024</td>
</tr>
<tr>
<td>112</td>
<td><a href="https://gov.centrifuge.io/t/rfc-integration-of-the-network-into-tangem-and-production-of-500-branded-centrifuge-wallets-2-card-sets/6332">Integration of the network into tangem and production of 500 branded centrifuge wallets (2-card sets)</a></td>
<td>rejected</td>
<td>9/6/2024</td>
</tr>
</tbody>
</table>
</div><h2><a name="on-going-proposals-2" class="anchor" href="#on-going-proposals-2"></a>On-going proposals</h2>
<div class="md-table">
<table>
<thead>
<tr>
<th>CP#</th>
<th>Proposal</th>
<th>Status</th>
<th>Ending</th>
</tr>
</thead>
<tbody>
<tr>
<td>116</td>
<td><a href="https://gov.centrifuge.io/t/cp116-rwa-lending-market-liquidity-bootstrap/6467">RWA Lending Market Liquidity Bootstrap</a></td>
<td>rfc</td>
<td>N/A</td>
</tr>
<tr>
<td>117</td>
<td><a href="https://gov.centrifuge.io/t/cp117-give-a-mandate-to-form-the-treasury-advisory-group/6464">Give a mandate to form the Treasury Advisory Group</a></td>
<td>rfc</td>
<td>N/A</td>
</tr>
<tr>
<td>118</td>
<td><a href="https://gov.centrifuge.io/t/cp118-runtime-upgrade-1103/6477">Runtime Upgrade 1103</a></td>
<td>voting</td>
<td>N/A</td>
</tr>
</tbody>
</table>
</div><p>You can find a list of all passed CPs to date in the <a href="https://github.com/centrifuge/cps">Centrifuge Proposal Repository</a> on GitHub.</p>
<h2><a name="on-going-governance-discussions-3" class="anchor" href="#on-going-governance-discussions-3"></a>On-going governance discussions</h2>
<ul>
<li><a href="https://gov.centrifuge.io/t/discussion-levels-of-engagement-of-the-centrifuge-dao/5875">Levels of Engagement of the Centrifuge DAO</a></li>
</ul>
<p>These discussions are for sharing ideas and receiving feedback to help sharpen any forthcoming proposals.</p>

Governance Update June 2024

Centrifuge

democracy2

treasury2

discussions17