Gov Proposal (dry-run): increase IBC rate limits for USDC (Noble mainnet)

Mainnet Ops
1

Proposing to increase the IBC rate limits for USDC (Noble mainnet) to 10k so as to test out if both Namada to/from Noble IBC transparent and shielding/unshielding IBC transfers are working properly.

WASM code: namada-governance-upgrades/ibcratenoble/src/lib.rs at ibcratenoble · McDaan/namada-governance-upgrades · GitHub.

The proposal sets the mint limit and throughput limit to 10k USDC (Noble mainnet).

sha256sum ibcratenoble.wasm
110cd9a77c623b53301831c33921d2559e3a31c110b9951260483926c6b89004  ibcratenoble.wasm

Please always double-check by yourself the hash according to these instructions: GitHub - anoma/namada-governance-upgrades

2

Voting period starts at epoch 199 and ends at epoch 211.

namadac query-proposal --proposal-id 16
Last committed epoch: 198
Proposal Id: 16
Type: Default with Wasm
Author: tnam1qqgccstk66854ffyzytdzue3d593gxxayveecl7e
Content: {"abstract": "", "authors": "Daniel", "created": "", "details": "", "discussions-to": "https://forum.namada.net/c/mainnet-ops/12", "license": "MIT", "motivation": "Testing out Namada <> Noble transfers before mainnet.", "requires": "", "title": "Gov Proposal (dry-run): increase IBC rate limits for USDC (Noble mainnet)"}
Start Epoch: 199
End Epoch: 211
Activation Epoch: 212
Status: pending
Data: Hash: 110CD9A77C623B53301831C33921D2559E3A31C110B9951260483926C6B89004
3

Results of testings with Noble USDC

  • transparent ibc transfer (from Namada to Noble) → works
  • transparent ibc transfer (from Noble to Namada) → works
  • transparent transfer → works
  • shielding transfer → works
  • shielding ibc transfer (from Noble to Namada’s MASP) → works
  • shielded transfer → works
  • unshielding transfer → works
  • unshielding ibc transfer (from Namada’s MASP to Noble) → works
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