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This week focused on stabilizing the mobile wallet experience (fixing the top user-facing bugs after β€œfeature complete”) and applying a set of blockchain fee + AMM correctness updates so devnet/testnet economics behave predictably during internal QA.

:white_check_mark: Progress This Week

A) Mobile Wallet Bug Fixes

1) Wallet Balance Correctness + Token Display Fixes

We addressed the most visible correctness issues in early builds:

  • Fixed pToken visibility gaps where wallets holding pTokens (pETH/pBTC/pUSDT) were incorrectly showing 0 balances in the wallet UI.
  • Corrected token unit display so balances show the right token symbol
  • Contained UI overflow for large wallet balances that were breaking layout.
  • Reduced cross-screen balance inconsistency (Home vs Wallet display mismatches) so QA can trust what the UI shows while testing flows.

2) Swap Execution Stability + Trade UX Corrections

We moved swaps from β€œblocked” to β€œtestable”:

  • Resolved the early swap execution failure (pCHML β†’ pUSDT and similar routes that previously threw errors).
  • Improved swap UX clarity:
    • Swap-related activity is treated as swap activity, not β€œsent” transfers.
    • Began cleaning up swap labeling/formatting issues that made QA verification ambiguous.

3) Liquidity: From β€œVisible” to β€œTestable”

Liquidity testing became meaningfully usable this week:

  • Trade β†’ Liquidity now surfaces Available Pools directly (no hidden navigation / extra taps).
  • Made pool discovery clearer (so testers can reliably choose the right pair).
  • Confirmed the baseline liquidity flow can be exercised end-to-end (add liquidity β†’ LP minted), enabling deeper testing for next week around positions + removal behavior.

4) Transfers + Activity Tracking (Foundational Improvements)

As swaps/liquidity became usable, we also hardened basic wallet verification:

  • Continued tightening Recent Activity correctness so testers can validate whether a transaction was a swap, shield/unshield, or send/receive without confusing labels.
  • Started focusing on incoming transfer visibility (recipient-side correctness), which becomes critical once multi-wallet testing ramps up.

B) Blockchain Changes (Fees + AMM correctness)

We shipped a small but important set of chain-level fixes:

Change What was wrong What’s fixed now
Bridge fee distribution Fee splitting assumed custodian infra Bridge fees route 100% to Treasury (for devnet/testnet phase)
MinShieldFee Decimal bug made minimum fee absurd Correct minimum is now 0.1 CHML
MinUnshieldFee Decimal bug made minimum fee absurd Correct minimum is now 0.25 CHML
add_liquidity proportional deposits Imbalanced deposits could slip through Enforced 0.5% tolerance on proportional deposits
Gas fee routing Gas fees were being dropped/burned Gas fees now route 100% to Treasury

C) Fee Structure v2.0 (Updated)

With the above changes, the current fee rails are:

Fee Type Rate Distribution
Shielding 0.02% OR 0.1 CHML min 100% Treasury
Unshielding 0.05% OR 0.25 CHML min 100% Treasury
pDEX Swaps 0.25% 90% LPs / 10% Treasury
Gas Fees weight-based (variable) 100% Treasury

Why 100% Treasury for bridge + gas right now (devnet/testnet phase):

  • Validators already earn from emissions (block rewards)
  • Treasury needs runway for audits, development, and ecosystem growth
  • Custodian infrastructure isn’t standing up yet at this stage
  • This can be revisited later via governance once testnet economics mature

D) Devnet Rollout + Liquidity Re-seeded

To validate the fixes end-to-end, the devnet was redeployed cleanly:

Deployment sequence executed

  1. Push updated chain changes
  2. Stop nodes (SFO + NYC)
  3. Deploy new binaries
  4. Regenerate chainspec (SFO) + sync to NYC
  5. Start Alice β†’ start Bob (bootnode)
  6. Recreate pools + reseed liquidity

Liquidity pools active

  • Pool 0: pCHML/pBTC β€” 225K pCHML + 1.1 pBTC
  • Pool 1: pCHML/pETH β€” 225K pCHML + 31 pETH
  • Pool 2: pCHML/pUSDT β€” 225K pCHML + 100K pUSDT

:soon_arrow: Next Steps

Now that the core flows are testable, next week focuses on state synchronization + liquidity correctness:

  • Post-swap balance refresh and consistent wallet refresh behavior
  • Incoming transfers reliably appearing in Recent Activity + notifications
  • LP position detection across all relevant surfaces (pool details, remove liquidity, power tab)
  • Public vs private messaging correctness (labels/banners based on token type)
  • Network fee display consistency across unshield flows

Note- We’re still keeping this as internal QA until these are rock-solid.