A top priority for dYdX v4 price oracles and liquidations is the development and release of VoteExtensions on the Cosmos SDK. VoteExtensions will allow validators to vote and agree on the oracle price at each block, enabling a more efficient price discovery and liquidation system for the protocol. Skip Protocol are experienced Cosmos developers that will prioritize the development of VoteExtensions to ensure release ahead of the dYdX mainnet. This will allow the integration and testing of VoteExtensions on dYdX v4 ahead of mainnet launch. This team will be working closely with the other grant in similar scope.

Skip Protocol will be leading efforts to capture and measure MEV events on dYdX v4 with a public dashboard available to the community. The dashboard will enable data gathering to track MEV across validators and protocol actors (e.g. Market Makers) to better enforce guardrails and possibly penalties on dYdX participants, namely validators. The dashboard will also allow the community to begin scoping out a future MEV solution that addresses all negatives events witnessed. In addition to the dashboard, Skip will be working on a report that covers the perspective of existing searchers looking at dYdX as a new venue for MEV.