Month at a Glance — June 2023

A breakdown of the latest happenings and significant milestones taking place within the Tezos ecosystem for the month of June 2023.

Published in

Tezos Commons

7 min readJul 18, 2023

Welcome to our latest issue of Month at a Glance where we give a quick breakdown of the latest happenings and significant milestones taking place within the Tezos ecosystem on a monthly cadence.

June 2023 was a big month for technical development and adoption with the Nairobi upgrade going live, Homebase getting some exciting new updates, the unveiling of the Tezos Ecosystem DAO, and big events like TezDev that are drawing closer.

Let’s break it all down.

Ecosystem Insights

Nairobi is Live!

On June 23rd, we all were able to witness history in the making unfold. For the fourteenth time, Tezos upgraded introducing several new feature sets for the ecosystem.

In no particular order, the new features are as follows:

Up to 8x increase in TPS for certain manager operations
Improved gas model for signatures to reflect the cost of different curves.
Renaming endorsements to attestations.
Faster propagation of pre-attestations to reach consensus earlier.
New host functions for Smart Rollups, and new internal Layer 2 messages allow rollup kernels to be aware of Tezos protocol upgrades.

Yes, you read that correctly. After halving block times in the prior protocol upgrade Mumbai, the Tezos network is also getting an up to 8x speed boost for all manager operations with Nairobi’s activation.

Don’t just take it from me though, hear it from one of the core development teams (Nomadic Labs) which can be found in one of my previously published articles.

Indeed this reduction applies to all manager operations, which include not only simple tez to tez transfers, but also the transactions/smart contract calls in DeFi and NFT marketplaces and say, Smart Rollups’ Layer 1 operations — posting messages, commitments, etc.
These benefits apply for managers signing with tz1 and tz2 manager accounts, and they arise from a new, finer-grained, accounting of the gas cost of signature verification in Nairobi: the cost of checking a signature is no longer a flat tax, but rather a function of the curve used (i.e. is the account a tz1, tz2, etc.) and the size of the signed manager operation batch.
With Nairobi, we save about 830 gas units for each operation signed by a tz1 or a tz2 account (the exact amount depends on the length of the operation) and exactly 900 gas units for each unsigned operation: that is, for each operation in a batch after the first one — a benefit of batching manager operations is that signature verification happens only once per batch — and also for all internal operations emitted by smart contract calls.
Moreover, since the gas limit for a block remains unchanged, large batches as witnessed in DeFi or NFT marketplaces also benefit from having more gas available to include more operations or larger batches — of course, subject to other limits like block size in bytes.

Homebase Updates

If you haven’t heard about it yet, Homebase is an exceptional DAO management and creation platform powered by Tezos. Thanks to its user-friendly interface, it provides an opportunity for anyone to effortlessly set up their own DAO on Tezos within minutes.

Further, we were treated to some exciting new features on Homebase. The platform is merging off-chain voting features from Homebase Lite into its main application and launching a governance token creation wizard.

The rationale and importance of this move was for various reasons. For quite some time now there have been two apps for Homebase. There is Homebase Lite and the main Homebase application featuring Lambda DAOs. In recent discussions and polling from different communities, it’s become clear that both on-chain and off-chain voting are needed. Since Homebase Lite enables off-chain voting similar to Snapshot, it makes sense to bring the same functionality over to the main application.

With this merge, users can now create off-chain polls for their DAOs and enjoy the same features of on-chain voting all within the main Homebase application. Additionally, the added process of having to create a governance token via FA2 bakery has been replaced with a simple token wizard within the main Homebase application.

If you’d like to learn more about the new features, be sure to head over to our recent TezTalk episode with dOrg Product Manager, Andrei Taranu.

Create your DAO today 👉 https://tezos-homebase.io

The Tezos Ecosystem DAO

Discussions on the idea of creating a transparent on-chain treasury to support the Tezos ecosystem have been ongoing since mid-2019. The recently announced experimental Tezos Ecosystem DAO is designed to manage and distribute tez, to support various community initiatives.

Currently in its first iteration, in terms of decision-making, the Tezos Ecosystem DAO involves five organizations as multi-sig holders, employing a three-of-five multi-sig model. As a reminder, this is the first iteration and just like the Tezos blockchain, the DAO will continue to evolve.

The DAO’s treasury is funded through the sales of Tezos protocol upgrade memorabilia NFTs on Objkt.com. Notably, Felipe Vargas, an artist known for creating many of the past upgrade videos, is donating 100% of his sales proceeds to the DAO. Additionally, users have the option to make direct donations to the DAO’s treasury contract. Donations are not required to participate and the DAO will more than likely be funded by certain multi-sig holders in the future.

Currently, initiative applications can be submitted to the DAO through Tezos Agora. If approved by the ecosystem teams participating in the DAO, the proposal will receive funding and be executed immediately.

More information will be provided shortly, however, in the meantime, collect some protocol upgrade memorabilia and engage in the conversation on Tezos Agora!

News from the Tezos Ecosystem: Quick Bits

The NFT Curator: Cabline x Right Click Save

If you’re into NFTs and you enjoy reading top-notch content with fresh and deeper insights, this particular feature was a good read. Cabline sits down with the Right Click Save crew and talks about her experience as the lead curator at OBJKT.com.

OBJKT.com gets some new features

To provide a better user experience, you can now directly update your profile on the OBJKT platform, streamlining the process. Check out the announcement to learn more.

fx(hash) announces a new feature: Redeemables

With Redeemables, artists can seamlessly translate their generative projects into tangible or additional digital assets, expanding the horizon of their creativity. To learn more about the new feature, check out fx(hash)’s announcement.

Trilitech Tezos developer survey

Trilitech has released a survey for all Tezos-based developers. If you’re a developer on Tezos, your input is greatly appreciated and needed as it can potentially shape the future of developer tooling and support around Tezos-based applications.

There’s another new Tezos NFT marketplace coming soon

Admire, one of the most recently launched NFT marketplaces on Tezos has announced plans to publicly launch on July 11th.

Events

TezTalks Live #66: Mailchain
The Blockchain Evolved Show w/ Nicolas Ochem — June 2
Trilitech Developer Success Office Calls — Every Thursday
Tuesday TezDay w/ Pamela Kerr — June 6th
Tezos Community Australia Meetup — June 9th
The Blockchain Evolved Show w/ Efe Kucuk — June 11th
Tuesday TezDay w/ WiseApe — June 13th
Art x Web3 Hackathon (Tezos & Ubisoft) — June 16–18
Tuesday TezDay w/ Tim Boeckmann — June 20th
Marigold NFT Marketplace Training Workshop — June 22nd
TezTalks Live #67: Victoria West
Tuesday TezDay w/ Beets — June 27th
TezTalks Radio#59: Vincent D’Onofrio + Laurence Fuller
Paris Innovation Nights / Billy Marketplace — June 29th
TezTalks Live #68: Andrei Taranu

Community Rewards Program

The Community Rewards Program (CRP) is a Tezos Commons Foundation initiative aimed at fostering adoption and supporting the Tezos ecosystem. Every month up to 5,000 tez are rewarded to those that stand out in merit and act in the interest of the Tezos ecosystem as a whole.

In an endeavor to make it easier for community members to nominate their favorite contributors to the ecosystem, the nomination form has been drastically streamlined. Now containing only three questions, it takes less than 30 seconds to submit a nomination.

Don’t have 30 seconds? You can tag any discord message or tweet with #TezosCRP and we will collect them as well!

The categories and nomination standards have remained the same. For more information head over to the refreshed landing page here. We’ve also announced May 2023 winners, so be sure to check out the recap on that here.

Additionally, there are some exciting updates coming to the program soon, so be sure to stay tuned for those!

About Tezos Commons Foundation

Tezos Commons is a non-profit organization with an emphasis on building communities on Tezos and supporting the Tezos ecosystem and its members. Through organizing several community-focused events, hosting infrastructure, and funding small projects, Tezos Commons has been actively contributing towards building communities on Tezos.

Learn more about Tezos Commons.

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