We have completed an initial smart contract development for the scheduling tool. It leverages Gnosis Safe infrastructure to allow users to schedule payments. We have the SDK running end-to-end with scheduled payments being executed on-chain.

Our team is working on refining the protocol to begin dApp development. The dApp will allow end users to schedule one-time or recurring payments.

We have completed the architecture design and have started the implementation of the Rollover System for reward distribution using recurring Merkle drops. With Rollover System, the un-redeemed rewards — whether it is from staking activities or other contributions — will be rolled over to the next cycle if not redeemed by the wallet owner in the previous cycle.

This feature allows for cheaper redemption in terms of gas prices. For example, if you do not have enough rewards accrued in a particular payment cycle, you can simply wait for another cycle until the balance is enough to justify the gas fee payment. Obviously, on layer 2 chains where the gas price is not as high, the rollover feature is not necessary.

However, this rollover feature allows us to cost-effectively deliver rewards on mainnet even for wallets with comparatively smaller funds. Once the rollout of this feature is completed, we will then