KYVE Launches Phase 2 of Incentivized Testnet: Mission Korellia

KYVE Launches Phase 2 of Incentivized Testnet: Mission Korellia

In a galaxy far, far away, a team of individuals launched a period of testing and development they called the incentivized testnet. They did this to further build a system they hoped would transform the way our society stores and queries its data, a system they called KYVE.

For a month, KYVE’s incentivized testnet,Mission Korellia, was open to everyone in the community with tasks and incentives for all sorts of skill sets. Eventually, the KYVE team gathered sufficient data to temporarily pause Mission Korellia and prepare for the next stage of the incentivized testnet.

Mission Korellia

We’re excited to launch Phase 2 of Mission Korellia today!

In Phase 2, the tasks in the incentivized testnet will be narrowed down to engineering, more technical-focused improvements. Developers, it’s your time to shine!

Let’s take a closer look at Phase 2 of Mission Korellia.

Introducing Phase 2 of Mission Korellia

The most significant change we are rolling out in Phase 2 of the incentivized testnet lies in our task structure.We are disabling all Community and Design team tasks, which also includes all Twitter engagements.

As Phase 2 focuses on the Engineering team’s tasks, we will continue to accept governance votes, pool delegating, pool funding, bundle creation, and bundle validation tasks.

We are also rolling out a few new tasks:

Please note that with these new tasks, the number of points will depend on the results from the user in question.

Regarding the $KYVE faucets, the wheel will remain, however, the discord faucet is now disabled. In addition to this, the Twitter claim faucet has new requirements. Anyone claiming will be required to have a Twitter account that is at least six months old, with at least 20 followers.

New UI Updates on the KYVE App

At KYVE, we are constantly looking for new ways to innovate our app in order to provide a more streamlined user experience to our community. With the release of Phase 2, we added a new Dashboard page and restructured the Pools page, focusing more on the overall data archived and validated. As a result, node runners and developers will have a better overview of how the data lake is progressing.

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The new Dashboard landing page starts off by displaying charts on the total value locked and the total amount of bundles created on KYVE, trackable by date, giving a better scope of how the protocol is growing.

A slider just beneath the charts contains additional statistics and information to keep in mind while using KYVE. For example, the KYVE Treasury balance, node slashing terms, storage cost, and so on, providing a more in-depth look at the protocol.

Next, the page displays the protocol’s top pools, which are determined by the combined amount of pool funds, stake, and delegations. This section displays the number of validators in each pool, the total stake, and the progress of the total data archived thus far. Finally, the Dashboard shows the latest activity in the protocol, for example, bundles created, pool transactions, and governance actions.

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With the growing number of KYVE protocol integrations, the Pools page must provide users with a direct link to the pool they need. To do so, a new Featured Pools row was added at the top of this page, along with a restructured details section below to better display the pools’ data.

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When selecting a specific pool, users will notice an update on the page layout. Now on the overview tab, a progress bar of bundles has been added, along with bundle details, votes, and more. There is also an added metrics tab highlighting the total $KYVE locked, the bundles created thus far, and the total amount of data archived.

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The last major update on the individual pools’ pages is the “Expert Mode” toggle displayed in the upper righthand corner. When this is switched on, a warning message will appear explaining its function. When active, expert mode allows users to fund the pool in question. It’s important to note that when funding a pool, the allocated tokens decrease as they are rewarded to well-behaving protocol nodes in that pool. Learn more about KYVE funding in ourdocs.

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Take Part in the Data Revolution

The overall goal of Mission Korellia Phase 2 is to bring forward the engineering community, giving them new opportunities to experiment with KYVE, and, as a result, provide our team with feedback on how to take the protocol to the next level.

We invite all developers, node runners, and more to join our incentivized testnet and help shape the future of data. Keep an eye out for more upcoming KYVE products, opportunities, and UI updates!

About KYVE

KYVE, the web3 data lake solution, is a protocol that enables data providers to standardize, validate, and permanently store blockchain data streams. By leveraging permanent data storage solutions like Arweave, KYVE’s Cosmos SDK chain creates permanent backups and ensures the scalability, immutability, and availability of these resources over time. KYVE’s network is powered by decentralized archivers and validators funded by $KYVE tokens and aims to operate as a DAO (Decentralized Autonomous Organization) in the near future. This past year KYVE has gained major support, currently backed by top VCs, including Hypersphere Ventures, Coinbase Ventures, Mechanism Capital, CMS Holdings, and blockchains such as Arweave, Avalanche, Solana, Interchain, and NEAR.

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