Weekly Governance Updates (23 August 2024)

[luckyparadise]

This weekly report provides a high-level overview of what's happening with Filecoin governance.

Anyone is welcome to participate in governance. To learn more about any of the below materials, simply follow the links and feel free to weigh in.

If you have questions or ideas related to FIPs or Filecoin governance, please start a new discussion in the FIPs Forum or post directly in #fil-fips.

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Accepted FIPs - FIPs awaiting network implementation

• FIP0067 - PoRep Security Policy & Replacement Sealing Enforcement (FIP Draft)(Discussion)
• FIP0086 - Fast Finbality in Filecoin (F3) (FIP Draft)(Discussion)
• FIP0091: Add support for Homestead and EIP-155 Ethereum Transactions ("legacy" Ethereum Transactions) (FIP Draft)(Discussion)

Open Pull Requests - upcoming FIP drafts awaiting technical review; now accepting community feedback

• Update FIP0001 (PR)(Discussion)
• On-chain Retrieval Expectations (PR)(Discussion)
• Introducing SealerID (PR)(Discussion)
• FIPXXXX: Export Sector Termination Method for Miner Action (PR)(Discussion)
• Common Node API (PR)
• FIP0093: Set the Mining Reserve to Zero (PR)(Discussion)
• FIP0094: Add Support for EIP-5656 (MCOPY Opcode) in the FEVM (PR)(Discussion)

Last Call - Final opportunity for community feedback! [Last Call until 4 September 2024]

• FIP0081 - Introduce lower bound for sector initial pledge (FIP Draft)(Discussion)

Current FIP Drafts - Now accepting community feedback; merged into repo

• FIP0037 - Gas model adjustment for user programmability (FIP Draft)(Discussion)
• FIP0039 - Filecoin Message Replay Protection (FIP Draft)(Discussion)
• FIP0077 - Add Cost Opportunity For New Miner Creation (FIP Draft)(Discussion)
• FIP0078 - Remove Restrictions on the Minting of Datacap (FIP Draft)(Discussion)
• FIP0080 - Phasing Out Fil+ and Restoring Deal Quality Multiplier to 1x (FIP Draft)(Discussion)

🔥 HOT 🔥 Discussion Topics

• @jennijuju started a pre-FIP discussion post that proposes adding more APIs to the Filecoin miner actor to support onchain liquidation procedures, enhancing trustless DeFi applications by improving economic security and reducing liability concerns. You can read more here
• @AxCortesCubero recently started a discussion proposing a flexible target lock mechanism that would allow the total fraction of circulating supply to be locked at a given time to move above or below 30%, depending on demand for Filecoin usage. Read more and engage in the discussion.
• Filecoin Foundation has recently released the FIP draft for a proposed update to FIP0001. This new proposal contains significant improvements to the existing governance models of Filecoin. Read the full draft here

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Other Governance Updates
With nv23 Waffle Upgrade behind us, plans are in place for nv24 upgrade. See the timeline below;

• Calibnet Upgrade: 26 September 2024
• Mainnet Upgrade: 30 October 2024

For more information check out the discussion thread.

• Join the poll, and share your thoughts regarding the codename for nv24. Using Metropolis, you can share your preference for the code name for nv24. You can do so here

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FIPs in Scope for NV24 Upgrade

FIP Number	Title	Status
FIP0081	Introduce lower bound for sector initial pledge	Draft
FIP0086	Fast Finality in Filecoin (F3)	Accepted

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This weekly report provides a high-level overview of what's happening with Filecoin governance.

Anyone is welcome to participate in governance. To learn more about any of the below materials, simply follow the links and feel free to weigh in.

If you have questions or ideas related to FIPs or Filecoin governance, please start a new discussion in the FIPs Forum or post directly in #fil-fips.