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Zul
44 posts


I have something to ask before applying the dynamic fee.
Would it be better to do a full burn of the fee pool, or to go with a model that refunds fees to users who stake?
Zul@zuldotso
Everyone, our token launched just two days ago. I'm confident that consistent building will drive traction, and I'm grateful for your unwavering support. We've been building nonstop for the past three months. Now, with you behind us, we're pushing to build even faster. We've implemented dynamic chain fees, and we'll be burning all L2 usage fees.
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@zuldotso Clarity burning L2 fees ?
Buy back and burns of native token $ZUL?
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Everyone, our token launched just two days ago.
I'm confident that consistent building will drive traction, and I'm grateful for your unwavering support.
We've been building nonstop for the past three months. Now, with you behind us, we're pushing to build even faster.
We've implemented dynamic chain fees, and we'll be burning all L2 usage fees.
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Not sure if this is the right place to talk about the project's direction, but here are my thoughts.
I think making an open ecosystem where people can come and build is a solid choice. Looking at past examples like Gobagana(fork solana), simply cloning the exact same things doesn't really add value for users.
That's why I believe the best approach is to do both. Open up the ecosystem to builders, but also design and pitch a unique, exclusive feature that only ZUL can provide. Given that you already have a solid foundation in privacy, I think you're already at a great starting line.
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Regarding the staking that was originally scheduled to be added today: We're deliberating on how to allocate the reward pool for users' and developers' contributions to chain activation.
We're weighing whether it would be better to distribute wSOL to wallets that contribute to on-chain activity in order to drive activation, or to form a pool supporting our own ZUL/wSOL pair to enable chain farming in the form of yield.
Honestly, from the team's perspective, we increasingly feel that fostering a builder ecosystem is a better approach than building standalone dApps ourselves.
So we believe it's right to establish and commit to a clear direction here, and we're holding off on this for now.
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Fixed delayed epoch updates when canceling mid-bridge
Fixed bridge withdrawals not showing up in the client
Fixed shielded pool withdrawals not showing up in the client
Fixed the shielded pool frontend showing optimistic estimates
Fixed transactions not displaying correctly
Fixed RPC interaction issues caused by CORS
Tomorrow we're updating the staking pool.
Thanks to everyone who sent feedback via DM and email.


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@zuldotso Do we have a tokenomics model? What benefits are available for staked tokens? Would like to review a complete roadmap.
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@Mainsqweez3 Deploying something on-chain doesn't require permission.
In a trustless model, the only trustable entity is the project, and we were simply focused on building.
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@zuldotso There’s a lot of negative around you launching other Zul tokens
I think many are confused . It would mean a lot to many if you addressed some of these allegations
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@zuldotso Great work! I’ve gone through the entire codebase and I fully understand how much hard work you’ve poured into this project. Keep it up!
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A few things to share.
1. To activate the chain, we're going to provide a wSOL reward pool based on L2 usage.
2. If you're a developer who wants to build something on our chain, please DM us. We'd appreciate it.
3. We're going to implement dynamic fees.
4. We'll be updating a "burn" mechanism based on L2 usage.
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