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Shutter Network Community Update - April 2024

Shutter Network Community Update - April 2024

As the Shutter Network community continues to grow, we are excited to present our monthly updates, keeping you informed about the latest developments and ongoing activities within the Shutter ecosystem.

These updates will be your guide to everything happening within our network, showcasing key milestones, innovative proposals, and community achievements.

In this edition, we are thrilled to present a comprehensive recap of the events and highlights from April 2024.


Latest blog posts from April.

Transaction Ordering in Automated Market Makers: A Critical Examination of Impact and Strategies

Transaction sequencing can get overlooked in decentralized markets but can significantly impact user outcomes.

Let's delve deeper into this subject and explore a few possible transaction sequencing strategies in the context of Automated Market Makers (AMMs) in decentralized finance (DeFi.)

Transaction Ordering in Automated Market Makers: A Critical Examination of Impact and Strategies
Transaction ordering isn’t a mere technicality but a fulcrum that can pivot the entire DeFi market experience.


Community related updates from April 2024.

Shutterized Gnosis Chain in Gnosis Chain Weekly · 02 April 2024

In February, we announced that Project Shutter deployed contracts and activated a Keyper network for the Shutterized Gnosis Chain on the Gnosis Chain testnet Chiado. The team along with Gnosis core devs are currently in development on the Shutterized Gnosis Chain for mainnet. Stay tuned!
🦉Gnosis Chain Weekly · 02 April 2024
HOPR published a proposal this week on the Gnosis Forum outlining the vision of GnosisVPN, a truly private and decentralized VPN on top of the HOPR mixnet! HOPR is a decentralized and incentivized peer-to-peer mixnet open to anyone who wants to join and run a node. Following the vision of

Shutter on Gnosis Validator Meetup #15

At our latest Gnosis Validator Meetup, we discussed the latest developments on the Gnosis Chain, @project_shutter and the Geth implementation, @stakewise_io V3 launch and @bootnodedev's validator bot.

The first Shutterized, encrypted transaction was sent on Chiado

Shielded voting as a solution - Space with Shutter, Octant & Kleros

Discussions we had with @OctantApp and @Kleros_io regarding shielded voting as a solution.


Hiring a Junior Protocol Developer and a Senior Blockchain Protocol Developer

"Shielded Voting. Private and fair governance" project now on Giveth

Support the development of Shielded voting by donating on Giveth.

Shielded Voting. Private and fair governance
TL;DRShielded Voting enhances the voting experience ensuring privacy, fairness, and

Shielded Voting by Shutter on GitCoin Grants Web3 Infrastructure Round

The development of Shielded voting received $749.18 of donations during the round.

Gitcoin Grants Stack
Grants power growth in Web3. Make your voice heard and support open-source software and public goods across the EVM ecosystem

DAO Coffee Talks #4: Delegators, Mount Up w/ Shutter & Decent DAO

We discussed delegating voting power and on-chain voting together with @decentdao / @fractalappxyz. With us were also be @_czepluch, @5pence_eth & @moo9000.


Shielded Voting in Octant Epoch 3

During the Octant Epoch 3 a total of 51.9712 ETH was allocated towards shielded voting by Shutter.

Octant App
Octant is a platform for experiments in decentralized governance that reward participation.

A new Shutter application: commit-reveal online dating! (April Fool's joke)

Shutter is a protocol promoting base layer neutrality & accessibility using threshold encryption & a DKG mechanism.

Until now, we focused on preventing malicious MEV & vote manipulation.

Today, we're thrilled to announce a new application: commit-reveal online dating!

Shutter DAO 0x36 Proposals and Discussions

A list of proposals and top discussions posted at the Shutter Forum for the Shutter DAO 0x36 members to review and discuss.


Discussion/Proposal for Shutter DAO 0x36: Launching an Request for Proposal (RFP) for the Development of a Governance and Grant Program
Simple Summary Shutter DAO 0x36 is a good example of a community-driven autonomous organization. In order to ensure the sustainable development and increase execution speed and -quality of Shutter DAO 0x36, a more elaborate and efficient foundational governance framework for a grant program is needed. This proposal seeks to initiate an RFP to find a contributor to establish a foundational Governance and Grant Program within Shutter DAO 0x36 over the course of six months. The program will encompa…
Request for Proposals (RFP): Educational Marketing Initiatives for Shutter DAO 0x36
Background As decentralized technologies evolve, it’s crucial to emphasize the significance of accessibility for both developers and end users. However, the conventional approaches to marketing, such as public relations (PR) and token shilling, need to be more sustainable for DAOs like Shutter DAO 0x36. Recognizing this challenge, 0x36 should explore alternative avenues to achieve its mission and vision of making technology more accessible within the Ethereum and DeFi space. While the Shutter DA…
Proposal: Grant to accelerate SHU Staking for Shutter DAO 0x36
Simple Summary and Motivation Following the positive reception of the proposal for developing a Keyper Incentive Mechanism and (delegated) Staking, and its subsequent approval on Snapshot on March 10, a Request for Proposal (RfP) was issued on March 14. Despite this, Shutter DAO 0x36 has yet to find a suitable contributor. Amidst discussions on aggressive SHU distribution and vesting on Discord and the Shutter DAO Forum, I propose a grant to expedite the staking mechanism’s technical development…
Proposal: Fund Public Goods (At No Cost) by Swapping 300K USDC to 300K USDGLO
Summary Following up on a Snapshot vote in favor of funding public goods (at no cost) with Glo Dollar (USDGLO), I am submitting this proposal for Shutter DAO 0x36 to execute an on-chain, trustless atomic swap with a member of the Glo ecosystem: Shutter DAO 0x36 will send 300,000 USDC and receive 300,000 USDGLO The counterparty, a member of the Glo ecosystem, will send 300,000 USDGLO and receive 300,000 USDC Glo Dollar (USDGLO) is the stablecoin that funds public goods. It’s 100% fiat-backed,…
Create an RFP for a Dev House on Retainer
Proposal I propose that Shutter DAO 0x36 create an RFP for a dev house on retainer as defined below. After having spoken to a bunch of brainbot people over the last couple of weeks, I have realized that it could be helpful for the DAO to off-load some of the devs focusing on Shutter core development. So this proposal should help with this by outsourcing some of the lower hanging fruits as to not distract the core devs of Shutter too much. I also gives people / entities interested in contributing…
Proposal: Represent ShutterDAO 0x36 @ BerlinBlockChainWeek
Title Requesting resources to organize an event representing ShutterDao 0x36 during the Berlin Blockchain week. Goals Provide physical meetup opportunity for Shutter DAO 0x36 members and supporters. Increase visibility and awareness of Shutter DAO 0x36. Attract talented builders to contribute to RFPs (EthBerlin especially is traditionally heavily builder-focused). Proposal This proposal aims to host a Shutter DAO community meetup during the Berlin blockchain week (May 18-27), specifi…


Snapshot Boost (beta) - Request for Feedback
Introduction Snapshot has provided Shutter DAO 0x36 with beta access to “Boost” - a new feature designed to increase voter participation in specific proposals by allowing anyone to offer ERC-20 token rewards. Rewards may be … any ERC-20 token any amount distributed proportionally to voting power or via a lottery (to one or more winners) used to incentivise voting in general (but not a particular outcome) Request for Feedback You can test out Boost during the next Snapshot proposal by offe…
Shutter DAO 0x36 Discussion Regarding Treasury Management
Discussion Regarding Treasury Management Introduction I’m opening a discussion regarding Shutter DAO 0x36 treasury management. In this context: “treasury management” refers to investing Shutter DAO 0x36’s non-SHU assets. It does not refer to treasury diversification activities like selling SHU, treasury swaps, etc. As of 10 April 2024, Shutter DAO 0x36’s non-SHU assets include: 6,538,086.22 USDC 3 ETH Uniswap v2 LP tokens (not relevant here) Treasury management could allow Shutter…

Shutter DAO 0x36 Votes

A list of the Shutter DAO 0x36 votes that took place during April 2024.

#15 Proposal: Grant to accelerate SHU Staking for Shutter DAO 0x36

Are you outgrowing your Multisig? Fractal extends Safe treasuries into on-chain hierarchies of permissions, token flows, and governance.

“Temp Check” on Deploying a DEX Pool on a Low Cost Chain


“Temp Check” on Shutter Nouns DAO


“Temp Check” on Deploying a DEX Pool on Optimism Mainnet (Part 2)


“Temp Check” on Funding Public Goods (At No Cost) with USDGLO


Stay tuned for more updates, follow Shutter on X, and join the Shutter Discord and the Shutter Forum! We look forward to more community discussions and feedback and growing Shutter together!

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