Derive Community Proposal to Deploy V3 and Shut Down Derive Chain

The Derive community has released a new DIP proposal recommending the deployment and launch of Derive V3. This proposal suggests migrating all positions and balances from V2 to the genesis state of V3, transferring cross-chain bridge funds to L1, and gradually shutting down the Derive Chain. V3 is based on zkVM, a zero-knowledge exchange settled on the Ethereum mainnet, utilizing off-chain matching and ZK proof mechanisms for risk and settlement. The computation-intensive margin, pricing, and settlement are executed within the zkVM and proven off-chain, with Ethereum L1 only verifying the proofs, and state differences published to Celestia to ensure data availability.

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