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chore: update AEP specs (#630)
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src/content/aeps/aep-23/README.md

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### Phase 1: MVP
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For the initial launch, we should focus on the bare essentials to expedite implementation. This phase should be limited to:
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1. Native USDC integration
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- Transactions will occur in a single currency (USDC to USDC or AKT to AKT), without any currency conversion.
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2. Simplified take rate mechanism
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### Stage 3: Additional Features
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All Phasse 3 enhancements should be considered secondary priorities after implementing more critical aspects of AKT 2.0.
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1. Implement atomic swap functionality:
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- Integrate at the account module level to potentially enable automatic burning in the future.
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- Incorporate at the tenant account level, allowing those who prefer to pay in USDC to avoid acquiring AKT solely for gas fees.
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## Feature and Capability Overview
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The following list outlines key features and capabilities, presented without specific prioritization:
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1. Axelar-based USDC integration
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- Implement USDC support within the SDL
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2. Osmosis DEX integration
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### USDC Integration
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1. Initially, only Axelar USDC on Osmosis will be supported as the stable currency on Akash Network.Future considerations: Axelar USDC directly on Akash Network, Gravity USDC, issuance chain USDC.
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![USDC on Osmosis](https://user-images.githubusercontent.com/68354230/228345109-ab3d4ecc-2325-453a-8d03-54da6005cf3a.png)
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![USDC on Osmosis](https://user-images.githubusercontent.com/68354230/228345109-ab3d4ecc-2325-453a-8d03-54da6005cf3a.png)
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2. Leverage existing Kado onramp support on Osmosis
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4. Establish a governance-updatable table of supported currencies and their respective Take rates. Initial table for phase 1:
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| Currency | Take Rate |
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| -------- | --------- |
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| AKT | 4% |
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| USDC | 20% |
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| -------- | -------- |
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| AKT | 4% |
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| USDC | 20% |
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### Fee Structure
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1. Inform providers about fee rates and pricing strategies.
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2. Educate tenants on potential cost benefits of AKT vs USDC payments.
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3. Brief ecosystem partners (Praetor, Cloudmos, Spheron, etc.) on changes. Praetor is now called Akash providers console.
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3. Brief ecosystem partners (Praetor, Cloudmos, Spheron, etc.) on changes.
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4. Initiate discussions on GitHub and Discord for feedback and clarifications.
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5. Prepare Vanguards and insiders to address community questions.
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6. Update relevant documentation.
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## Copyright
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All content herein is licensed under [Apache 2.0](https://www.apache.org/licenses/LICENSE-2.0).
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All content herein is licensed under [Apache 2.0](https://www.apache.org/licenses/LICENSE-2.0).

src/content/aeps/aep-27/README.md

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2020
Overclock Labs (OCL) and Praetor are proposing joining forces to accelerate growth of providers on Akash Network. If this proposal is accepted, the following will apply:
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- [PraetorApp](https://provider-console.akash.network/) will become fully open-source - enabling/ inviting contributions from the Akash community. Preator App is now called Akash Provider console.
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- OCL (Akash Core team), Akash Community and Praetor team will work together closely for a minimum of 12 months to continue to maintain PraetorApp and improve it per the strategy outlined [here](https://github.com/akash-network/community/blob/main/product-strategy/praetor-akash-provider-console-strategy.md).
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- In the same structure as the [Cloudmos acquisition](https://github.com/orgs/akash-network/discussions/286), OCL will contribute 34,188 AKT (1/3rd) and request 68,376 AKT (2/3rd) from the Community Pool totaling 102,564 AKT, broken down as follows:
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- 46,620 AKT will be used for the acquisition of Praetor
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- 55,944 AKT will be used to retain Jigar and Deval (co-founders of PraetorApp) for 12 months to continue maintain and advance PraetorApp
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* [PraetorApp](https://akash.praetorapp.com/auth/login) will become fully open-source - enabling/ inviting contributions from the Akash community.
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* OCL (Akash Core team), Akash Community and Praetor team will work together closely for a minimum of 12 months to continue to maintain PraetorApp and improve it per the strategy outlined [here](https://github.com/akash-network/community/blob/main/product-strategy/praetor-akash-provider-console-strategy.md).
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* In the same structure as the [Cloudmos acquisition](https://github.com/orgs/akash-network/discussions/286), OCL will contribute 34,188 AKT (1/3rd) and request 68,376 AKT (2/3rd) from the Community Pool totaling 102,564 AKT, broken down as follows:
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* 46,620 AKT will be used for the acquisition of Praetor
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* 55,944 AKT will be used to retain Jigar and Deval (co-founders of PraetorApp) for 12 months to continue maintain and advance PraetorApp
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Overclock Labs (core team behind Akash Network) is proposing joining forces with the Praetor team to co-develop products to expand Akash Network. This collaborative acquisition is the result of weeks of discussions between both teams to agree on terms that further our shared goal of developing great open-source products for Akash Network.
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Overclock Labs is requesting a total of 68,376 AKT from the Community Pool. This funding will be utilized to support the continued growth and development of Praetor along with fully open-sourcing the Praetor codebase. The AKT granted will vest over 12 months.
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Everything related to Akash is fully open-source. This applies to the code that powers the network, but it also extends to the processes for governance and management. Contributors engage with Akash through a unique structure of working groups that meet publicly. Anyone from around the world can attend. This radically open structure allows for a level of collaboration that is not possible in closed-source development.
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Everything related to Akash is fully open-source. This applies to the code that powers the network, but it also extends to the processes for governance and management. Contributors engage with Akash through a unique structure of working groups that meet publicly. Anyone from around the world can attend. This radically open structure allows for a level of collaboration that is not possible in closed-source development.
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Among this global community of developers, Praetor has emerged as a standout contributor. Their flagship application, PraetorApp, is widely used by providers to onboard onto the network - onboarding 10s of providers over the last 1-2 years. They have also moved quickly to ship critical provider tools and have been extremely committed to supporting the Akash community.
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# Copyright
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All content herein is licensed under [Apache 2.0](https://www.apache.org/licenses/LICENSE-2.0).
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All content herein is licensed under [Apache 2.0](https://www.apache.org/licenses/LICENSE-2.0).

src/content/aeps/aep-63/README.md

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category: Interface
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created: 2024-03-14
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updated: 2025-03-14
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estimated-completion: 2025-04-30
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estimated-completion: 2025-05-30
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roadmap: major
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---
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