Overview:
Public RPC is often a source of frustration for users and developers alike. It’s fragmented, unreliable and under-maintained - many times degrading the UX on wallets and dapps, creating a bad reputation for chains as being slow or hard to build on.
Lava’s Incentivized Public PRC (ipRPC) initiative offers a completely new approach to public RPC - empowering users & devs with super reliable & performant access to data, while making it easy for teams & DAOs to monitor, manage, and save on infra costs.
ipRPC will allow Archway to seamlessly consolidate top RPC providers into a single, super reliable endpoint - with optimized performance and deep insights.
Through Lava’s public endpoint, users pair with the top performing providers in their geolocation, and data is quality-controlled by Lava Protocol - meaning developers can focus less on troubleshooting infra and more on building cool apps.
We’re asking for 75,000$ to launch a new super reliable, scalable, and performant public RPC endpoint for Archway. The funding will be used to onboard and reward providers - both Lava & Archway community node runners and Lava’s industry leading partners e.g. 01node, Allnodes, Bware Labs, Nodes Guru, Lavender.Five, Stakecito, ChainLayer, Blockdaemon, Imperator, Chainstack, Liquify etc.
Providers will be incentivized with $ARCH on a monthly basis, according to the volume of requests they serve and the quality of their responses (measured in uptime, latency and sync). This means that for the first time, web3 data providers are accountable for their SLA.
We’re already helping chains like Evmos, Axelar, Starknet and NEAR improve the user & developer experience in their ecosystem - powering leading apps, wallets and dev-tools.
Technical advantages:
- Top performance - users are paired with the top performing providers in their geolocation, which are incentivized to serve fresh data with min latency and max high uptime
- Constant availability - Lava’s endpoint is powered by a large network of providers, meaning even if some go down users are not affected. Furthermore, even if Lava’s blockchain goes down users are connected directly to providers, so service goes uninterrupted
- Data accuracy - queries are sampled and cross-referenced to ensure that the data is accurate users are protected from bad actors
- High rate limits - Lava’s public endpoint offers 30req/sec, Lava’s gateway and SDK offer 50req/sec and more for free
Read more about Lava’s design & tech advantages
Milestones:
- Integration & Setup
- Archway “Spec” integration + maintenance
- Setup, monitoring & maintenance of RPC endpoints for Archway Mainnet & Testnet
- Provider analytics dashboard
- Provider onboarding
- Co-marketing campaign to onboard RPC providers
- Endpoint launch
- A single endpoint that makes it easy for anyone to interact with Archway for free (Axelar example)
- Growth
- Monitoring and optimizing performance
- Onboarding more users
- It is also possible to explore adding advanced APIs & indexers
Proposal:
This proposal, if accepted, will send 75,000$ worth of ARCH tokens from the community pool to Lava Foundation’s address - archway1v2cxu37h8d4pt9dqw909wfswfungpuv3qy7rh3
The majority (70%) of funding will be used to onboard and incentivize node runners for providing quality service through the new public RPC. 30% will be used to cover Lava Foundation’s costs for setup, maintenance, support, marketing, bookkeeping and compliance.
We’re looking forward to receiving your questions and feedback!
About Lava:
Lava is a modular infrastructure layer for blockchain data. The novel protocol is customizable to support any RPC & API for any chain. Developers no longer need to be limited by a lack of API providers and can build on 25+ chains already supported by Lava’s network of node runners. Lava introduces “Specs”: a modular data primitive that lets contributors add and scale new chains & APIs.
Website: https://lavanet.xyz
Twitter: https://twitter.com/lavanetxyz
Discord: Lava Network