# 2024-11 Vac monthly
Vac Monthly Report 2024/11 § Tokenomics (public version) § highlights § Economic modeling of a Based platform Writing up Cats Fishing tokenomics whitepaper Simulation of Codex token dynamics Simulation of different transaction fee models Assisting staking contract development report § vac:tke:ift:based Overview: economic modeling of a token launchpad platform (similar to pump.

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# 2024-11 Vac monthly

Jan 06, 2026, 6 min read

- #vac-monthly

## Vac Monthly Report 2024/11 §

### Tokenomics (public version) §

#### highlights §

- Economic modeling of a Based platform
- Writing up Cats Fishing tokenomics whitepaper
- Simulation of Codex token dynamics
- Simulation of different transaction fee models
- Assisting staking contract development

#### report §

- `vac:tke:ift:based`
  - Overview:
    - economic modeling of a token launchpad platform (similar to pump.fun)
  - Completed tasks:
    - `vac:tke:ift:based:v3-optimization`
    - `vac:tke:ift:based:uniswap-modeling`
    - `vac:tke:ift:based:fees-simulation`
    - `vac:tke:ift:based:fees`
- `vac:tke:ift:catsfishing-mvp`
  - Overview:
    - Writing up a whitepaper
  - Completed tasks:
    - `vac:tke:ift:catsfishing-mvp:write-up`
- `vac:tke:nomos:intro-base-layer-economy`
  - Overview:
    - Simulation of different transaction fee models
- `vac:tke:codex:v1-supply-tokenomics`
  - Overview:
    - simulation of the CDX token dynamics
- `vac:tke:status:aura-incentives`
  - Overview:
    - monitoring progress of the two branches of staking contract development
- `vac:tke:ift:tokenomics-research-forum`
  - Overview:
    - research and draft of blogpost on ve(3,3)

### QA §

#### highlights §

- Increased projects knowledge base by creating QA Strategy Docs for Nomos and Status
- Increased Nomos testing capabilites by adding basic functionality, dispersal and storage tests
- Increased Waku interop testing coverage by adding e2e scenarios, tests for known issues and enhancing CI capabilities
- Colaborating with Status QA team in building and extending the status-go functional testing framework

#### report §

- `vac:qa:ift:projects-qa-strategy-2024q4`

  - Overwiew:
    - Finished Nomos testing Strategy Report.
    - Did similar investigation for Status ecosystem.
  - Delivered Deliverables:
    - Nomos QA Strategy Document
    - Status QA Strategy Document
  - Completed tasks:
    - `vac:qa:ift:projects-qa-strategy-2024q4:nomos`
    - `vac:qa:ift:projects-qa-strategy-2024q4:status`

- `vac:qa:nomos:da-testing-2024q4`

  - Overview:
    - Expanded Nomos DA test coverage by adding new integration tests.
    - Added integration tests focusing on the dispersal and storage interface.
  - Delivered Deliverables:
    - PRs:
      - Da behavior membership tests
      - Data dispersal storage tests
      - Apply Nomos library code review recommendation
    - Issues Found:
      - Executor behaviour connects to other executor behaviour for dispersal
      - Dispersal messages have not reached the validator on self-hosted runner
      - Unwrap on non-existent blob_col_idx
  - Completed tasks:
    - `vac:qa:nomos:da-testing-2024q4:basic-functionality-tests`

- `vac:qa:waku:interop-testing-2024q4`

  - Overview:
    - Expanded Waku interop coverage by adding new tests related to e2e scenarios and known issues.
    - Explored libwaku python and golang bindings and gathered requirements for future work on this side.
    - Started to improve CI by adding more powerfull runners that run tests faster.
    - Started to create a smoke suite and enable it to be run as part of the nwaku CI.
  - Delivered Deliverables:
    - PRs:
      - New e2e tests part 1
      - New e2e tests part 2
      - Ignore unsupported go-waku test
      - Adjust edge case for CI run
      - Metric updates
      - Known issues tests
      - fix go waku lightprotocol tests
    - Issues Found:
      - go-waku invalid shard count error
      - Store not wkroking when store node=go-waku
      - Light push works only when client & service node lightpush=true
      - Filter request ID isn’t unique
      - Fliter Requests Can’t exceed 50
  - Completed tasks: - `vac:qa:waku:interop-testing-2024q4:e2e-scenarios` - `vac:qa:waku:interop-testing-2024q4:known-issues`

- `vac:qa:waku:status-go-functional-testing-2024q4`

  - Overview:
    - Took over of tasks from IC that left the project
    - Created PR to migrate a big part of the functionality from status-cli to status-go framework
    - Discussions and allignments with status QA team to:
      - Split the big PR into multiple smaller PRs
      - Adjust the tests to work with the jenkins CI ecosystem
      - Update the status-backend framework to allow testing multiple status nodes
    - Created smaller PR for one-to-one messages

## DST §

#### highlights §

- Discovered and reported possible Waku connectivity issue

#### report §

- `vac:dst:waku:waku-evaluation`
  - Overview:
    - Help Waku team to analyze store sync logs
    - Investigated why some physical machines worked differently
    - Waku perf simulations
  - Deliverables:
    - Repo Branch
    - Issue to track different logging
    - Issue Waku’s connection behavior
- `vac:dst:vac:libp2p-evaluation`
  - Overview:
    - Repeat nimlibp2p 1.6.0 simulations after fix has been done in workers with wrong sync
    - Run simulations for version 1.7.0
    - Run simulations for version 1.7.1
  - Deliverables:
    - Nimlibp2p 1.6.0 report
    - Nimlibp2p 1.7.0 report
    - Nimlibp2p 1.7.1 report

### SC §

#### highlights §

- Devcon and collab with TKE
- Staking system is now upgradeable
- Getting close to deploying a test version on testnet

#### report §

- `vac:sc:status:staking-protocol-v1`
  - Implementation of emergency mode and ability to leave system in case of untrusted upgrade
  - Implementation of UUPSUpgradeable stake manager contract
  - Ability to stream rewards and making them “visible” via XP in the dedicated token contract
  - Formal mathematical spec of multiplier points system
  - Relevant links
    - NCT commitment status on GitHub
    - NCT tasks on GitHub
  - Completed tasks
    - `vac:sc:status:staking-protocol-v1:merging-existing-solutions`
    - `vac:sc:status:staking-protocol-v1:upgradeability`
  - Deliverables
    - Upgradeable StakeManager contract
    - Math spec

### ACZ §

#### highlights §

#### report §

### RFC §

#### highlights §

- New RFC homepage draft (as part of the RFC Culture committment)
- Delivered fully 34/WAKU2-PEER-EXCHANGE and 19/WAKU2-LIGHTPUSH
- Status RFC migration (deprecated RFCs) to rfc-index 1st round of reviews and fixes complete.

#### report §

- `ift:rfc:codex:marketplace-and-client-2024q4`
  - Overview:
    - The Codex team will take over writing the RFCs. Our team will do the editorial work, handover already done.
- `ift:rfc:waku:updates-of-mature-waku-rfcs-2024q4`
  - Overview:
    - Progressing according to plan, several RFCs in progress, several completed, several in progress (15/WAKU-BRIDGE, 14/WAKU2-MESSAGE)
  - Deliverables:
    - 34/WAKU2-PEER-EXCHANGE completed: PR - https://github.com/vacp2p/rfc-index/pull/7
    - 19/WAKU2-LIGHTPUSH - awaiting review: PR - https://github.com/vacp2p/rfc-index/pull/112
- `ift:rfc:nomos:data-availability-raw-rfc-2024q4`
  - Overview:
    - Followed up on offsite, updates underway.
- `ift:rfc:vac:rfc-culture-establishment-2024q4`
  - Overview:
    - Continued as planned, new ideas, new Notion homepage, communicating with team leads
  - Deliverables:
    - New notion homepage draft: https://www.notion.so/A-new-RFC-Homepage-proposal-11c8f96fb65c804aad61f3fbad236863?d=1278f96fb65c800994e2001cd066039f#11c8f96fb65c80a2b64df9ace2bad149
    - New ideas to discuss (implementing new parts of the process): https://www.notion.so/Improve-RFC-Culture-Ideas-5abfd49d7b604e9594bdf534408472ca
- `ift:rfc:status:status-specs-to-rfc-index-migration`
  - Overview:
    - 1st round of reviews complete, fixes implemented
  - Deliverables:
    - The PR with relevant fixes: https://github.com/vacp2p/rfc-index/pull/109

### Nim §

#### highlights §

#### report §

### Nescience §

#### highlights §

- Continued implementing the sandboxed testnet as a PoC for NSSA.
- Updated execution types and circuits for NSSA.
- Researched and defined UTXOS specification for NSSA.
- Researched and refined cryptography module for NSSA.

#### report §

- `vac:nes:state-separation-architecture-poc`
  - Overview:
    - Implemented virtual machines crates for the sandbox testnet, including R0 interface, (shielded, deshielded, and private trasactions), vm implementation, as well as testing R0 and VM interactions.
    - Implemented the sequencer core structures, including transaction submitting and checking pipeline, rpc methods with basic sequencer functionality and runner main loop with block generation.
    - Updated execution type and circuit documentation by adding details into vm and zkvm interaction part as well as into SE and DE kernel circuits.
    - Defined UTXOS specifications including UTXO components, UTXO role in NSSA, and storage and bandwith considerations.
    - Defined cryptography module for NSSA, including hash functions, signature schemes, tree structures, constants, and encryption and decryption schemes.
  - List of deliverables (ordered as in task management):
    - Implementation of R0 interface.
    - VM Implementation + interactions testing.
    - Definition of UTXOs specifications for NSSA.
    - Sequencer core structures implementation.
    - Sequencer transaction submitting workflow and rpc implementation
    - Definition of hash functions in cryptography module.
    - Definition of signature schemes in cryptography module.
    - Definition of enc/dec schemes in cryptography module.
    - Definition of tree structures and constants in cryptography module.
  - Completed tasks:
    - `vac:nes:state-separation-architecture-poc:vm`
    - `vac:nes:state-separation-architecture-poc:utxo-specs`
    - `vac:nes:state-separation-architecture-poc:sequencer`
    - `vac:nes:state-separation-architecture-poc:crypto-module`