August6CC.mp3

Action Items

• [ ] Finalize Chainlink CCIP bridging legal paperwork and complete contract development + audit
• [ ] Rebalance bridge pools before relaunching bridging to prevent entropy across chains
• [ ] Complete YRF v2 final reviews and send to audit
• [ ] Pick back up Aave onboarding diligence (currently ~60% complete) and update at next community call
• [ ] Deploy RARI Fuse automated recovery contract with HyperNative monitoring
• [ ] Complete KYB/KYC process for treasury assets before advancing RWA initiatives
• [ ] Publish developer docs for new Envio-based subgraphs
• [ ] Publish Arkham dashboards tracking OHM holder rotations
• [ ] Target first Blockworks quarterly report (covering Q2) for October
• [ ] Beta test internal Olympus agents before public release on MCP server

Development Updates

• Price Feed Resilience Upgrade (v1.2): Shipped successfully — improves redundancy for price feeds used by YRF; handles stale Chainlink feed updates without impacting protocol operations
• OMV1 Migration: Live on front end; OCG proposal finalized; users with OMV1 can migrate now
• Security & Infrastructure:
  • Emergency multisig reorganization completed across all chains and the DAO multisig
  • Time locks being added to all contracts with configuration parameters (e.g. YRF) to prevent rapid unilateral reconfiguration; ongoing with each new feature
  • Subgraphs being consolidated from scattered locations into Envio indexing framework — better dev experience, modern API, reduced costs; developer docs forthcoming
• MCP Server: Updated routing (ODOS being shut down) and analytics added; Envio subgraphs will also be accessible through the MCP server
• Bridging (Chainlink CCIP migration):
  • v2 Layer 0 contracts were developed and audited, but team is now pivoting to Chainlink CCIP
  • Rationale: co-marketing, business introductions, and institutional support from Chainlink not available with Layer 0; security parity between the two technologies
  • A contract is being negotiated for an exclusive Chainlink period with co-branding and co-marketing campaigns
  • Timeline: development + time lock additions, quick audit, then ~2 weeks for OCG — tight but targeting end of month
  • Bridge pools are currently imbalanced due to inactivity; rebalancing needed before relaunch