meeting notes sig economics #36

sig-economics/meetings/036-2026-04-28.md

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+# Akash Network - Economics Special Interest Group (SIG) - Meeting #36
+
+## Agenda
+
+* Burn Mint Equilibrium (BME) Network Upgrade Updates
+* Oracle Improvements and Upcoming Network Upgrade
+* Blockworks Research Dashboard Progress
+* Community Feedback and Analytics Dashboard Review
+* Ecosystem Governance and Community Participation
+* IBC Escrow Discussion on SIF Chain
+* Steering Committee and Future Discussions
+* Open Discussion and Community Feedback
+
+## Meeting Details
+
+* Date: Tuesday, April 28, 2026
+* Time: 7:00 AM PST
+* [Recording](https://ry63uruulvwn6ewqhce6wskn5mog4qghyoeuj7ibudtfujpd2m2q.arweave.net/jj26RpRdbN8S0DiJ60lN6xxuQMfDiUT9AaDmWiXj0zU)
+* [Transcript](#Transcript)
+
+## Participants
+
+* Tyler Wright
+* Cheng Wang
+* D H
+* Dimokus
+* Isaac Grooms
+* Joe Deng
+* Neta DAO Academy
+* Rodri R
+* Seun Gbiri
+
+## Meeting Notes
+
+### Opening Remarks & SIG Economics Overview
+
+* Tyler Wright opened the meeting and welcomed all attendees to the Economics Special Interest Group session
+* Explained that SIG Economics focuses on all economic aspects of the Akash ecosystem
+* Topics highlighted included the AKT token as a product, governance discussions, on-chain proposals, community pool discussions, and broader economic initiatives
+* Tyler Wright invited attendees to share additional agenda items or discussion topics through chat or direct discussion during the meeting
+
+### Burn Mint Equilibrium (BME) Network Upgrade
+
+* Tyler Wright announced that the Akash Network successfully completed a network upgrade since the previous SIG Economics meeting
+* Upgrade officially introduced Burn Mint Equilibrium functionality to the Akash Network
+* Smart contracts were also enabled as part of the network upgrade
+* Oracle infrastructure introduced to continuously monitor AKT token pricing
+* Tyler Wright highlighted that ecosystem tools such as Mintscan and other analytics platforms now reflect BME-related activity
+* Major appreciation expressed toward the Akash Core Engineering team for the implementation effort
+* Community members who participated in testing and feedback were also acknowledged for their contributions
+* Tyler Wright emphasized that significant engineering effort and coordination were required to safely deploy BME onto mainnet
+* Incentivized testnet activities conducted prior to deployment were described as highly valuable for validating implementation reliability
+* Community and engineering teams expressed confidence in the deployment following extensive testing and validation
+* Tyler Wright noted that additional improvements are still planned for the oracle implementation supporting BME
+* Mentioned that another network upgrade is already planned and will be announced soon
+* Upcoming upgrade expected to include additional engineering features beyond BME and oracle improvements
+* Tyler Wright acknowledged that Burn Mint Equilibrium had been a major discussion topic across previous SIG Economics meetings and broader community governance discussions
+
+### Blockworks Research Dashboard Update
+
+* Tyler Wright provided a follow-up update regarding the Blockworks proposal that passed on-chain during summer 2025
+* Explained that Blockworks is a research organization known for investor-focused analytics, dashboards, and industry research
+* Blockworks originally proposed creating analytics and storytelling dashboards for the Akash ecosystem
+* Tyler Wright shared that the original implementation timeline experienced delays due to database challenges and organizational issues within Blockworks
+* Community members and stakeholders had been waiting for delivery of the dashboard following the approved proposal
+* Core team members recently re-engaged with the Blockworks team to review project status and future execution plans
+* Blockworks reportedly acknowledged the delays and apologized for the missed timeline expectations
+* Revised implementation timeline now expected to run from 2026 through 2027
+* Initial version of the [analytics dashboard](https://blockworks.com/analytics/akash) has now been delivered for review
+* Tyler Wright encouraged all SIG Economics members to review the dashboard and provide detailed feedback
+* Feedback requested around data presentation, storytelling quality, usability, and investor-focused communication
+* Tyler Wright explained that the dashboard’s primary goal is to communicate the Akash growth story to investors and enterprise users
+* Dashboard intended to showcase roadmap progress, ecosystem maturity, product growth, and long-term network potential
+* Isaac Grooms and Tyler Wright both reviewed the initial dashboard implementation and shared early feedback with Blockworks
+* Initial feedback indicated that Version 1 of the dashboard resembled the existing stats page too closely
+* Recommendation provided to Blockworks focused on improving storytelling and using data more strategically to communicate ecosystem growth narratives
+* Tyler Wright emphasized that dashboards should inspire confidence among investors and showcase long-term network value
+* Community members were encouraged to review the dashboard during the following week and submit additional ideas, requested metrics, and usability improvements
+* Tyler Wright confirmed that all feedback collected through Discord and SIG Economics channels would be shared directly with the Blockworks team
+* Mentioned that future SIG Economics meetings may include direct participation from Blockworks representatives to discuss progress and implementation updates
+
+### Governance & Community Participation
+
+* Tyler Wright encouraged community members to actively participate in ecosystem governance discussions
+* Community members advised to share opinions and engage when proposals, ideas, or initiatives are introduced
+* Mentioned that Steering Committee discussions would take place later in the week
+* Tyler Wright noted that no extraordinary governance topics were currently active beyond routine ecosystem discussions
+* Community members encouraged to use Discord and governance channels to ensure their voices are heard during ecosystem decision-making
+
+### Community Discussion — IBC Escrow on SIF Chain
+
+* Rodri R raised a discussion regarding AKT tokens that became stuck in an IBC escrow related to SIF Chain
+* Rodri R suggested that unblocking and recovering the escrowed funds would be beneficial for affected participants
+* Tyler Wright recommended continuing the discussion asynchronously through the SIG Economics Discord channel
+* Mentioned that a formal governance proposal may ultimately be required to resolve the issue
+* Tyler Wright encouraged follow-up coordination to ensure the matter progresses toward resolution
+
+### Steering Committee & Future SIG Planning
+
+* Tyler Wright reminded participants about the upcoming Steering Committee meeting scheduled for later in the week
+* Mentioned that some meetings had been rescheduled to accommodate participant availability and unresolved blockers
+* Confirmed that the next SIG Economics meeting is planned for early May
+* Community members encouraged to propose future agenda items ahead of upcoming meetings
+* Tyler Wright invited participants listening to the recording later to continue discussions asynchronously through Discord
+* Encouraged contributors to monitor GitHub governance discussions and community pool spend proposals
+* Emphasized the importance of community participation, support, feedback, and proposal review
+
+### Closing Remarks
+
+* Tyler Wright thanked all participants for attending the meeting
+* Special acknowledgment given to Andrew despite being unable to attend live
+* Tyler Wright encouraged continued engagement across Discord, governance channels, and community discussions
+* Meeting concluded with appreciation for the community’s continued involvement in ecosystem governance and economics discussions
+
+## Action Items
+
+### Tyler Wright
+
+* Share Blockworks analytics dashboard link in meeting notes and Discord
+* Coordinate community feedback collection for dashboard improvements
+* Continue monitoring upcoming oracle and BME improvements
+* Share details regarding the upcoming network upgrade once finalized
+* Encourage governance participation across Discord and GitHub discussions
+* Prepare future SIG Economics agenda items for upcoming meetings
+
+### Community Members
+
+* Review the [Blockworks dashboard](https://blockworks.com/analytics/akash) and provide detailed feedback
+* Participate in governance discussions and proposal reviews
+* Share requested data points and storytelling suggestions for analytics improvements
+* Monitor GitHub discussions related to community pool proposals and governance initiatives
+* Continue contributing ideas and agenda items for future SIG Economics meetings
+
+### Rodri R
+
+* Follow up asynchronously regarding AKT tokens stuck in SIF Chain IBC escrow
+* Continue discussion within SIG Economics Discord channel
+* Explore possible governance proposal or resolution pathways
+
+## Transcript
+
+Tyler Wright: All Welcome everybody to SIG Economics. It is Tuesday, April 28th, 2026. During the special interest group for economics, the Akash community comes together to talk about all things related to economics on This includes the token as a product. there's been some discussion previously about exploration of other chains and again we talk about that in SIG chain and we sometimes cover that here. we've talked about proposals that have gone on chain for the community pool and a number of other efforts. If anybody has any specific agenda items that they want to make sure get covered please feel free to drop them in the chat.
+
+Tyler Wright: Since our last SIG economics meeting, there has been a network upgrade that has brought burnt equilibrium to the Akos network as well as smart contracts. again, the smart contracts enable an oracle to continue to monitor the price of the token. and again, the Burn mint  equilibrium has been implemented. So I know on a number of other decentralized kind of like Mintscan and other tools now you can ACT as well as big shout out to the Akash core engineering team. There's a lot of work that went into bringing BME to Big shout out to members of the community as well.
+
+Tyler Wright: And there was also an incentivized test net that took place where there was a lot of rigorous testing. so again everybody in the community members alike really felt comfortable. There are a couple of improvements that are on the way to continue to improve the oracle portion of implementation of BME. so as discussed in sik chain there is a planned network upgrade that will be announced soon. and again there's some other core engineering features unrelated to BME or the oracle that will also be unlocked during this next network upgrade but just want to call that out to folks here. again we already talked about in the sig chain and some other calls but big shout out to again everybody.
+
+Tyler Wright: I know that was a big discussion point and something that was brought up and talked about a lot during SIG economics. One other thing that I just want to quickly touch on before I see if there's any other topics of discussion. In 2025, there was a proposal that passed on chain from a research organization called Blockworks. they are the team that puts together permission list but they are a research organization that works very closely with investors all over the world and has a number of research applications and dashboards that they make available to their investor audience. The proposal went on chain and passed in summer of 2025.
+
+Tyler Wright: the team that was working on that proposal had some issues when it came down to database and didn't really have a customer success organization in place. again the Akash community as a whole was waiting for a dashboard and this year members of the core team reached back out to block works to check on the status. They were very very apologetic about the timeline but have really begun to work and have pushed back the timeline for when the engagement will begin. Again, it was supposed to begin 2025 through 2026, but it will begin 2026 and go through 2027. They have done an initial version of the analytics board. and so again, I would love for anybody here to take a look at this dashboard.
+
+Tyler Wright: I'll make sure it's in the notes. If you have any questions, comments, feedback, please feel free to drop that feedback in SIG economics discord channel and this will be shared with the block works team so that they can continue to update the dashboard ahead of doing some marketing and continue distribution across their various channels. Again really the goal for this dashboard as it was outlined in 2025 and it continues is to really paint a story around Akash growth all the roadmap items that have been done and continue to be implemented over time for investors for folks
+
+Tyler Wright: that want to use Akash as an enterprise application. Again as Akash the product continues multiple products built on top of Akash continue to mature but again really looking for any feedback from any members of the community that want to participate in really improving this dashboard. Isaac and I were talking to a couple of members of their team initially and felt like the phase one of this dashboard was a little bit too closely aligned with the stats.
+
+
+### 00:05:00
+
+Tyler Wright: network page. and so our initial feedback to their team was really to dive into the storytelling element using data to really paint a picture for again their investor audience that will either push Akos on some of the projects that they're a part of or again get involved in purchasing the AKT token because they see the value and the potential of growth as time goes on. So again, as an action item, it would be great and I'll make sure this is in the notes and also in Discord if anybody wants to give feedback on the dashboard in V1. please take the next week or so to share any thoughts, feedback etc.
+
+Tyler Wright: any other data points or information that you want to be seen what you think makes sense to be seen so that input can be shared with the team and then again as maybe at the next SIG economics meeting or the one after we'll make sure that the block works team members are here to share any feedback and then share how things are going with the distribution. Cool. All right, those are the two agenda items that I know were outstanding. Again, since our last meeting in March that we've brought BME to the Akash network and then again I just wanted to have a followup about a proposal that passed on chain in 2025 and again work is being monitored and work is ongoing for the blockworks research dashboards.
+
+Tyler Wright: Are there any other topics related to sig economics that anybody wants to make sure get discussed? I know that there's a steering committee happening on Thursday. there are a couple of discussions ongoing u but nothing really out of the ordinary. I would again as always please use your voices involved in discussions make your voice heard when people and community members are suggesting ideas pitching things that they want to see happen. Go ahead, if you're talking, you might be on mute.
+
+Tyler Wright: Okay, he gone but he might be back. while we wait for Rodri, is there any other items related to SE economics that anybody wants to make sure get discussed that haven't been?
+
+Cheng Wang: Sorry, I'm a few minutes late. Ty, is there anything you would like me to chime in on?
+
+Tyler Wright: No, no, no. You're good. But we gave an update on BME which obviously has gone online since our last meeting. and then I just gave an update on block works. I think everything else is business kind of as usual. go ahead Roger.
+
+Rodri R: Hey guys, sorry. Don't know what happened to my mic. just wanted to say that there's a discussion about unblocking some make that got stuck in an IBCX escrew on SIF chain…
+
+Rodri R: which I think would be good to unblock get it out from escrow.
+
+Tyler Wright: Yeah, Roger,…
+
+Tyler Wright: if you could follow up in the SIG economics channel. I think maybe this is something that somebody has a proposal on chain for and so we can see if there's anybody that wants to do that. but we can kind of track this item async and make sure that there's some sort of resolution.
+
+Rodri R: Yeah, I thought Yeah, I'll share it on the next
+
+Tyler Wright: Perfect. Are there any other economics topics that haven't been discussed that anybody wants to discuss?
+
+Tyler Wright: Especially while we have Chang and Isaac here. All right. If not, then I'm going to go off if not then, we can certainly give you all some time back. again, we have steering committee this upcoming week. this MO meeting has been moved back just because there were some blockers and some folks wanted to end that weren't able to attend when it was on previous weeks. but I think our next plan sick economics meeting is at the top of May. so we'll have some time to prepare for that meeting.
+
+
+### 00:10:00
+
+Tyler Wright: If anybody has any agenda items that they want to make sure get discussed and you're listening to this recording later or some stuff that you or maybe want to think about talking about but isn't defined quite yet, please feel free to drop it in the SIG economics channel and we can add it to the agenda for the next meeting. Appreciate everyone's time today. thanks to those listening later. I know Andrew was trying to make it but couldn't but as always big shout out to Andrew. but again hope everyone has a great rest of the day and again if anybody has any topics for future SIG economics meetings please feel free to drop them in the discord channel and we'll make sure those things get discussed. Also look out for GitHub discussions to see if there's any discussions coming soon for community pool spend or anything on that front to make your voice heard for support ask questions etc.
+
+Tyler Wright: Hope everyone has a great rest of their day, great week, and hope to see you all at steering committee if not before. Thank you all very much. Byebye.
+
+Cheng Wang: Thank you everyone.
+
+Isaac Grooms: Thank you.
+
+Cheng Wang: Thanks. you guys. Bye.
+
+Rodri R: Thank you. M.
+
+
+### Meeting ended after 00:11:45 👋
+
+