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 & communities to monitor, manage, and save on infra costs.
How it works
Archway will deploy an on-chain $ARCH pool on Lava’s chain, which will be used to aggregate, rank, and incentivize RPC providers, based on the volume and quality of their service.
Very similarly to how liquidity pools work, RPC pools create a permissionless market for data that’s driven by supply and demand. It’s highly flexible and can be easily monitored, optimized, and scaled by adjusting incentives and on-chain parameters.
Main benefits
- Simplicity: one united RPC endpoint
- Reliability: automatic retry and fallback
- Performance: optimized performance for every user/dapp
- Scalability: easily scale when traffic increases
- Reduce costs and pay in ARCH
Goals
We’ve seen a lot of community discussions around Archway RPCs recently, and based on our previous success working with other ecosystems, we’re very positive that Lava can significantly improve some of the issues users are experiencing. Our goals for this initiative are:
- Maximize user and developer experience
- Simplify infra management
- Easily track and monitor each providers’ performance
- No need to negotiate and contract with every provider individually
- Providers get paid according to actual volume & quality of service, not a fixed quota
- Attract and engage new professional node runners and contributors
Experience
Our RPC Pool partners include NEAR, Axelar, Evmos, Cosmos, Union, Stargaze, Starknet and Filecoin (More TBA). Our live deployments on NEAR, Evmos and Axelar have significantly improved the reliability and performance for users.
Milestones
- Integration & Setup
- Archway “Spec” integration + maintenance
- Provider onboarding
- Provider stats dashboard
- Endpoint launch - setup, monitoring & maintenance of RPC endpoints for Archway Mainnet & Testnet
- Growth
- Onboarding users
- Monitoring and optimizing performance
Budget
We’re asking for 65,000$ in $ARCH to deploy Archway on Lava’s Mainnet. The majority of funding (70%) will be deployed on-chain and distributed to providers over 6 months, based on performance. 30% will be used to cover Lava’s costs for setup, maintenance, support, marketing, bookkeeping and compliance.
We’re looking forward to receiving your questions and feedback!
Our old proposal: Fast, reliable & scalable public RPC - Powered by Lava - #14 by aelesbao