connext / connext/monorepo

Mountain Protocol [spec]

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#5,652 2 comments 0 reactions 1 assignee Claimed by @prathmeshkhandelwal1 View on GitHub
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Description

## Background

- We have to build a system where we can broadcast the rewardMultiplier and shares to all the chains where USDM is deployed. So that expanding to the new chains have rewardMultiplier ready. This is a crutial step for USDM system to expand and deploy USDM to new chains.
- Convert USDM to xERC20

## Definition Of Done

- 100% transfer of rewardMultiplier and shares to all chains
- Premissionlessely deployment of xUSDM on all chains where Connext is whitelisted by default.

## Tasks

- [ ] Need to fanout the spec for data transferring process from ETH to all L2s
- [ ] tbd

## Aditional Liks
https://www.notion.so/connext/Mountain-Protocol-spec-3edf3d4144f84c919056bfcdb01dc8cf

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