Gauntlet and Moondance Labs Collaborate to Design The Economic Model of The Tanssi Protocol
Tortola, BVI – October 10, 2023 – Moondance Labs, the company behind the Tanssi appchain infrastructure protocol, announced today a strategic collaboration with Gauntlet. As a renowned quantitative analysis, optimization, and simulation platform known for building financial models of blockchain protocols and crypto network interactions, Gauntlet is poised to support the Tanssi Network in optimizing their economic model to drive sustainable growth.
By harnessing Gauntlet’s expertise, Tanssi is set to refine its payment processes, adeptly balancing the act of incentivizing block producers and other pivotal contributors while simultaneously ensuring accessibility for both newcomers and existing ContainerChain key players.
Gauntlet, known for its off-chain intelligence that enhances on-chain operations, provides valuable quantitative analysis for leading blockchain protocols. Having supported projects like Uniswap, AAVE, Compound, ImmutableX, and Moonwell, Gauntlet's research and solutions have helped guide the industry, addressing challenges and identifying growth opportunities.
With this collaboration in place, Tanssi's mission remains clear: to simplify appchain deployment. Tanssi’s infrastructure protocol is designed to accelerate the deployment process using ContainerChains. When an appchain connects with Tanssi, it transitions into a ContainerChain, providing developers with a user-friendly, permissionless environment filled with infrastructure resources as a service. This approach shortens the deployment time from months to just a few hours.
Since its public announcement in May, Tanssi has achieved rapid growth. Among its achievements are a $3M seed round led by Arrington Capital and a Tanssi ecosystem that includes over 50 projects across sectors like DeFi, gaming, NFTs, and more. In this growth phase, collaborating with Gauntlet marks a significant step.
The focus of this collaboration will be to utilize Gauntlet's expertise in protocol mechanism design, incentive optimization, quantitative analysis, and simulations. The primary goal is to define and refine the Tanssi payment model, catering specifically to ContainerChains, block producers, and other key participants within the Tanssi ecosystem. Gauntlet will provide guidance on the most efficient strategies for sustainable growth in the Tanssi ecosystem and delve into varied economic mechanisms such as staking and burning.
Furthermore, Gauntlet's insights will be instrumental in helping Tanssi establish a comprehensive inflation model for its protocol. This model will detail emission schedules, outline recipient categories, and devise a strategy for continuous optimization.
“From our time working with builders in the Polkadot space, we understand the significance of simplifying the parachain deployment workflow. We're excited to work with Tanssi, focusing on economic models that enhance this process. By fine-tuning Tanssi’s infrastructure services model, we aim to benefit the entire ecosystem, fostering growth for both Tanssi and the broader Polkadot network,” says Carson Brown, Program Manager for the engagement at Gauntlet.
In uniting their efforts, Tanssi and Gauntlet aim to reinforce a robust and inclusive blockchain ecosystem. Their focus on financial optimization ensures that Tanssi's infrastructure aligns with the evolving needs of its community, reflecting a shared dedication to growth, innovation, and community-centric blockchain solutions. As we anticipate more milestones and innovations in this journey, stay informed on project updates and further developments by subscribing to the Tanssi newsletter.
About Tanssi Network
Tanssi's appchain infrastructure protocol is built to simplify and accelerate appchain deployment using ContainerChains. When an appchain connects to Tanssi, it becomes a ContainerChain, accessing a developer-friendly and permissionless environment that provides infrastructure as a service. As a result, appchains can be deployed in just hours— a major leap from the typical months-long process. On top of this, Tanssi also benefits from the shared security and native interoperability of the Polkadot relaychain. Learn more at tanssi.network.
Gauntlet is a DeFi-native quantitative research firm specializing in risk management, incentive optimization, and mechanism design. Gauntlet uses battle-tested techniques from the algorithmic trading industry to help protocols manage risk, optimize revenue, and design better incentives. Gauntlet’s simulation models inform parameter decisions for protocols of all sizes, covering over 25% of aggregate DeFi TVL.