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Update 2024-06-21-Flow-Sprint-Kickoff.md
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Adding governance updates and win
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KshitijChaudhary666 authored Jun 21, 2024
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- EN Badger DB -> Pebble DB POC - devnet ENs are running with pebble-based chunk data pack storage, disk usage growth slowed down from 1.7% to 1% / day.
- Transaction Audit / inpection logic now [supports percentage-based transaction failure mode](https://github.com/onflow/contract-updater/pull/35), using on-chain randomness.
- Crescendo Rewards BE fully set up with CI/CD on staging and production (thanks alex!)
- Flow decentralization is now fully restored. No operator runs >1/3 of 94 consensus nodes

### General updates

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Cycle Objective(s): Transaction fees on EVM, increasing transaction fees and inflation reduction plan.

**Done last sprint**

- Node Operations
- a16z consolidated their nodes - spun down 3 nodes operated by Coinbase
- Edgevana onboarded; contract signed; lease transfer in process; will start running a VN in the next epoch
- Blockdaemon agreement signed for long-term node ops and NaaS partnership
- Operator branding (some wip)
- Gathered and collated branding details of 80+ node partners
- Finalized designs with .find team (see [figma](https://www.figma.com/design/RJI1oUrd6JzNHbRBV1khRN/Flowdiver---Nodes-page-redesign?node-id=0-1&t=1dNpoWudt4O63OKW-1))
- Tokenomics documentation
- Node economics page with illustration is live - [link](https://developers.flow.com/networks/node-ops/node-operation/node-economics)
- EVM tokenomics page with illustration is live - [link](https://developers.flow.com/evm/fees)
- Brainstormed stable state Flow economics with Dete - how a certain future TPS and computation per transaction would affect fees, inflation etc. See some initial projections [here](https://docs.google.com/spreadsheets/d/1sy6gMHgU6jRNVAR92oX10S62brkuTs6JAhMqIc37jJY/edit#gid=0)

**This sprint**
- Work with Doodles, Cryptotoys and Edgevana for new nodes; Blockdaemon for continued operations via lease formalization
- Work on node operator branding and logos with .find team
- Finalize and publish Flow EVM documentation on docsite
- Discussion and decision on txn fee hike timeline
- R&D and planning with Dete on post Crescendo surge pricing
- Work on node operator branding and logos with .find team; test and ship new node operations page on flowdiver
- Work with Dete on revising the narrative around inflation, fees and (stable-state) Flow economics
- Upgrading tokenomics pages for easy comprehension
- Plan next cycle OKRs for governance

**On Hold**
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