Infrastructure

Slinky L2 Price Feeds

Funding amount

up to $500,000

Start date

July 2024

Execution

12 months

Description

We're funding RHINO, Kingnodes, Lavender.Five, and Polkachu to manage a cluster of dedicated Base nodes to allow dYdX to access price feeds on Base.

Each RPC provider will manage two Base nodes, geo-located in Northern Asia, SouthEast Asia or Europe, and provide a single “endpoint” for use by the validator set, for 6,000 USDC/month.

To make the process of supporting new price feeds more efficient, the team of four node operators has also committed to adding support for up to ten additional L1/L2 chains (that are consistent in resources to Base) as needed for a total of 4,000 USDC/month. The setup for each additional chain will be the same as Base's.

Purpose

Payment structure

Useful Links

Impact & Metrics