Hi @Francisco and @Josie, thanks for continuing to update the thread and the tracking sheet. I appreciate the amount of reporting work going into this, but Iâm still not comfortable supporting the next $15k tranche until a few gaps are clarified.
My main concern is that the project mix and value proposition have shifted materially from what delegates were evaluating earlier in the program.
At the M2 stage, the signed/onboarded cohort was Peach Bitcoin, Cyclo, Caddy Finance, and Blockroll. Shortly after that, Francisco noted that Cyclo and Caddy Finance were expected to be the primary candidates/drivers for the final TVL and ecosystem goals. That made sense to me at the time: those were more clearly DeFi / BTCFi-oriented integrations with a plausible path to meaningful Rootstock liquidity or usage.
But in the current tracking sheet, the actual live deployments are only Peach Bitcoin and Superstake. Caddy Finance, Cyclo, Blockroll, and Tipper are now marked as dropped. That is a pretty large change in the substance of the program.
The two remaining projects also seem harder to evaluate against the original goals:
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Peach Bitcoin is listed as live, but the sheet marks the contract address as âN/A (Payment Rail Model)â and the activity as âoff-chain/platform-level.â I understand that payment integrations may not look like DeFi TVL, but then we need a clearer measurable framework: Rootstock-routed payment count, Rootstock settlement volume, active users selecting Rootstock, repeat usage, etc. Right now it is hard to tell what Rootstock usage is actually happening or how much of it is attributable to this program. I also still have access issues with the website/app depending on region/device, which makes it harder to independently test the flow.
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Superstake does have a verified Rootstock contract, but the current reported activity is still very small: 31 transactions, 8 wallets, and roughly $1,000 in volume. That may be fine for an early deployment, but it is not yet evidence of ecosystem impact. Also, the latest technical/security memo is explicitly not a formal audit certification, while the milestone language originally referenced audited contracts. Given this is a chance-based game handling real funds, the distinction matters.
The other major gap for me is RIF alignment. RIF treasury allocation / staking / governance participation was one of the main things that made this proposal feel differentiated from a general BD/onboarding program. But I donât see clear public evidence that the supported projects have completed meaningful RIF treasury allocation, on-chain staking, or RIF governance participation. In the current sheet, Peach is marked N/A for treasury strategy, and Superstake is marked Done, but I donât see the on-chain proof or governance participation records that would make that auditable.
So before approving the next tranche, Iâd like to see a concise project-by-project breakdown:
- Which projects from the original M2 cohort are still active, which were dropped, and why?
- For Peach, what exact Rootstock activity is measurable today? Payment count, settlement volume, user count, and how users choose Rootstock vs other rails.
- For Superstake, what is the GTM plan to move from 31 transactions / 8 wallets to the projected 200k+ transactions and $300k volume?
- What is the current status of audit/security review for Superstake, and is a formal audit expected or not?
- What on-chain proof exists for RIF treasury allocation/staking?
- Have any supported projects participated in RIF governance yet? If yes, please link the votes. If no, when is that expected?
Iâm not trying to dismiss the work done so far. There has clearly been outreach, mentorship, and some deployment support. But the next tranche should be evaluated against the actual current portfolio and measurable Rootstock impact, not just the original pipeline narrative. Right now the stronger-looking candidates appear to have dropped, and the remaining evidence does not yet show the kind of RIF alignment or ecosystem traction that was central to the proposal.