osmosis

Prop 586: Osmosis v17 Aluminium Upgrade

This is a proposal to do a software upgrade to the v17.0.0 software tag of the Osmosis codebase on block height 11126100, which is estimated to occur on Wednesday August 23rd, UTC 16:00. Block times have high variance, so please monitor the chain for more precise time estimates.

# Upgrade Features
This upgrade adds the following features:
## Async Wasm Hooks
Introduces async acknowledgments for CosmWasm contracts. When a transaction is received, the action does not need to be performed immediately but can trigger an action at a later time.

## Enable Bonded positions to instantly convert to Staked positions
* Actions Proposal 570
* Adds a message that breaks all locks associated with a position, swaps all assets to the native asset and stakes.

## Supercharged Liquidity Pool Improvements
* Multiple gas optimizations for interacting with Supercharged pools.
* ProtoRev now routes through Supercharged pools.
* Added a governance proposal type that creates a new Supercharged Liquidity pool and a migration link to an existing Classic pool in the same proposal.
* Creates many Supercharged liquidity pools and migration links paired with Classic OSMO pools. (Actions Proposal 571)

## TokenFactory before send hooks
This enhancement allows for executing custom logic before sending tokens, providing more flexibility and control over token transfers.

## Miscellaneous changes
* New governance proposal type to update the scaling factor controller address of a stableswap pool.

See the Full Change Log for more API Breaking, State Breaking and other miscellaneous changes.

# Getting Prepared for the Upgrade
To build the binary, be sure to install golang 1.20.

As always, we recommend validators utilize 64GB of RAM. Since state migration is relatively negligible in this upgrade, it is possible to get away with less, but still not recommended.
If you are unable to have 64GB of RAM, at a minimum have a total of 64GB of swap set to prevent out of memory errors.

If using Cosmovisor, manually build & copy the osmosisd binary to /cosmovisor/upgrades/v17/bin/.

If not using Cosmovisor, wait for your node to halt at the upgrade height, then install and run the v17.0.0 binary.

# Details of Upgrade Time
The proposal targets the upgrade proposal block to be 11126100, anticipated to be on Wednesday August 23rd, UTC 16:00. Note that block times have high variance, so keep monitoring the time. See countdown here.

The upgrade is anticipated to take approx 30 minutes, during which time, there will not be any on-chain activity on the network.

In the event of an issue at upgrade time, we should coordinate via the validators channel in Discord to come to a quick emergency consensus and mitigate any further issues.

Field
Data
info
https://raw.githubusercontent.com/osmosis-labs/osmosis/main/networks/osmosis-1/upgrades/v17/v17_binaries.json
name
v17
time
0001-01-01T00:00:00Z
height
11126100
upgraded_client_state