Simple Summary Deploy and launch Derive V3 (zkVM program settling on Ethereum mainnet), migrate all V2 positions and balances into V3's genesis state, move bridge funds to L1, and wind down Derive Chain. # Abstract This proposal describes the process of deploying and migrating to V3, which is as follows: - Build a V3 genesis state from a pinned V2 snapshot: accounts, balances, positions, wallet-held ERC20s (including stDRV), unclaimed lyra migration, pending rewards, native ETH - Initialise...
Starts
September 24, 2026
Ends
October 4, 2026
Ended
Timeline of changes to this governance item
category_key changed
none → protocol_upgrade
Sep 24, 2026, 2:00 AM
Item created
Sep 24, 2026, 1:40 AM