diff --git a/src/packages/v4/components/ProjectDashboard/V4PayRedeemCard/PayProjectModal/hooks/usePayProjectModal/usePayProjectTx.ts b/src/packages/v4/components/ProjectDashboard/V4PayRedeemCard/PayProjectModal/hooks/usePayProjectModal/usePayProjectTx.ts
index d8505803e0..1909d8d166 100644
--- a/src/packages/v4/components/ProjectDashboard/V4PayRedeemCard/PayProjectModal/hooks/usePayProjectModal/usePayProjectTx.ts
+++ b/src/packages/v4/components/ProjectDashboard/V4PayRedeemCard/PayProjectModal/hooks/usePayProjectModal/usePayProjectTx.ts
@@ -1,12 +1,8 @@
+import { waitForTransactionReceipt } from '@wagmi/core'
+import { TxHistoryContext } from 'contexts/Transaction/TxHistoryContext'
 import { FormikHelpers } from 'formik'
 import { useWallet } from 'hooks/Wallet'
 import { useCurrencyConverter } from 'hooks/useCurrencyConverter'
-import { useProjectSelector } from 'packages/v4/components/ProjectDashboard/redux/hooks'
-import { ProjectPayReceipt } from 'packages/v4/views/V4ProjectDashboard/hooks/useProjectPageQueries'
-// import { NftRewardsContext } from 'packages/v4/contexts/NftRewards/NftRewardsContext'
-// import { useProjectHasErc20 } from 'packages/v4/hooks/useProjectHasErc20'
-import { waitForTransactionReceipt } from '@wagmi/core'
-import { TxHistoryContext } from 'contexts/Transaction/TxHistoryContext'
 import { DEFAULT_METADATA, NATIVE_TOKEN } from 'juice-sdk-core'
 import {
   useJBContractContext,
@@ -14,9 +10,10 @@ import {
   usePreparePayMetadata,
   useWriteJbMultiTerminalPay,
 } from 'juice-sdk-react'
-// import { useProjectHasErc20 } from 'packages/v2v3/hooks/useProjectHasErc20'
+import { useProjectSelector } from 'packages/v4/components/ProjectDashboard/redux/hooks'
 import { useV4NftRewards } from 'packages/v4/contexts/V4NftRewards/V4NftRewardsProvider'
 import { V4_CURRENCY_ETH } from 'packages/v4/utils/currency'
+import { ProjectPayReceipt } from 'packages/v4/views/V4ProjectDashboard/hooks/useProjectPageQueries'
 import { wagmiConfig } from 'packages/v4/wagmiConfig'
 import { useCallback, useContext, useMemo } from 'react'
 import { buildPaymentMemo } from 'utils/buildPaymentMemo'
@@ -134,10 +131,15 @@ export const usePayProjectTx = ({
         beneficiary,
         0n,
         memo,
-        // metadata ?? DEFAULT_METADATA,
-        DEFAULT_METADATA,
+        metadata ?? DEFAULT_METADATA,
       ] as const
 
+      // SIMULATE TRANSACTION:
+      // const encodedData = encodeFunctionData({
+      //   abi: jbMultiTerminalAbi, // ABI of the contract
+      //   functionName: 'pay',
+      //   args,
+      // })
       try {
         const hash = await writePay({
           address: contracts.primaryNativeTerminal.data,
diff --git a/src/packages/v4/hooks/useLaunchProjectWithNftsTx.ts b/src/packages/v4/hooks/useLaunchProjectWithNftsTx.ts
index bf24a7ccc1..3ffd953e5b 100644
--- a/src/packages/v4/hooks/useLaunchProjectWithNftsTx.ts
+++ b/src/packages/v4/hooks/useLaunchProjectWithNftsTx.ts
@@ -1,4 +1,8 @@
-import { DEFAULT_MEMO, NATIVE_TOKEN, NATIVE_TOKEN_DECIMALS } from 'juice-sdk-core'
+import {
+  DEFAULT_MEMO,
+  NATIVE_TOKEN,
+  NATIVE_TOKEN_DECIMALS,
+} from 'juice-sdk-core'
 import {
   jbPricesAddress,
   useJBContractContext,
@@ -23,7 +27,7 @@ import {
 import {
   LaunchTxOpts,
   SUPPORTED_JB_CONTROLLER_ADDRESS,
-  SUPPORTED_JB_MULTITERMINAL_ADDRESS
+  SUPPORTED_JB_MULTITERMINAL_ADDRESS,
 } from './useLaunchProjectTx'
 
 import { waitForTransactionReceipt } from '@wagmi/core'
@@ -51,8 +55,7 @@ function createSalt() {
 export const getProjectIdFromNftLaunchReceipt = (
   txReceipt: WaitForTransactionReceiptReturnType,
 ): number => {
-  const projectIdHex: string | undefined =
-    txReceipt?.logs[0]?.topics?.[1]
+  const projectIdHex: string | undefined = txReceipt?.logs[0]?.topics?.[1]
   if (!projectIdHex) return 0
 
   const projectId = parseInt(projectIdHex, 16)
@@ -80,7 +83,8 @@ export function useLaunchProjectWithNftsTx() {
 
   const { userAddress } = useWallet()
   const chainId = useChainId()
-  const chainIdStr = chainId?.toString() as keyof typeof SUPPORTED_JB_MULTITERMINAL_ADDRESS
+  const chainIdStr =
+    chainId?.toString() as keyof typeof SUPPORTED_JB_MULTITERMINAL_ADDRESS
 
   const defaultJBController = chainId
     ? SUPPORTED_JB_CONTROLLER_ADDRESS[chainIdStr]
@@ -93,7 +97,7 @@ export function useLaunchProjectWithNftsTx() {
     : undefined
 
   const { writeContractAsync: writeLaunchProject } =
-  useWriteJb721TiersHookProjectDeployerLaunchProjectFor()
+    useWriteJb721TiersHookProjectDeployerLaunchProjectFor()
 
   return async (
     {
diff --git a/src/packages/v4/utils/editRuleset.ts b/src/packages/v4/utils/editRuleset.ts
index ca46980f54..38f28dbd09 100644
--- a/src/packages/v4/utils/editRuleset.ts
+++ b/src/packages/v4/utils/editRuleset.ts
@@ -1,9 +1,9 @@
-import { NATIVE_TOKEN } from "juice-sdk-core";
-import round from "lodash/round";
-import { issuanceRateFrom } from "packages/v2v3/utils/math";
-import { parseWad } from "utils/format/formatNumber";
-import { otherUnitToSeconds } from "utils/format/formatTime";
-import { EditCycleFormFields } from "../views/V4ProjectSettings/EditCyclePage/EditCycleFormFields";
+import { NATIVE_TOKEN } from 'juice-sdk-core'
+import round from 'lodash/round'
+import { issuanceRateFrom } from 'packages/v2v3/utils/math'
+import { parseWad } from 'utils/format/formatNumber'
+import { otherUnitToSeconds } from 'utils/format/formatTime'
+import { EditCycleFormFields } from '../views/V4ProjectSettings/EditCyclePage/EditCycleFormFields'
 
 export function transformEditCycleFormFieldsToTxArgs({
   formValues,
@@ -11,21 +11,21 @@ export function transformEditCycleFormFieldsToTxArgs({
   tokenAddress,
   projectId,
 }: {
-  formValues: EditCycleFormFields;
-  primaryNativeTerminal: `0x${string}`;
-  tokenAddress: `0x${string}`;
-  projectId: bigint;
+  formValues: EditCycleFormFields
+  primaryNativeTerminal: `0x${string}`
+  tokenAddress: `0x${string}`
+  projectId: bigint
 }) {
-  const now = round(new Date().getTime() / 1000);
-  const mustStartAtOrAfter = now;
+  const now = round(new Date().getTime() / 1000)
+  const mustStartAtOrAfter = now
 
   const duration = otherUnitToSeconds({
     duration: formValues.duration,
     unit: formValues.durationUnit.value,
   })
-  const weight = BigInt(issuanceRateFrom(formValues.issuanceRate.toString()));
-  const decayPercent = round(formValues.decayPercent * 10000000);
-  const approvalHook = formValues.approvalHook;
+  const weight = BigInt(issuanceRateFrom(formValues.issuanceRate.toString()))
+  const decayPercent = round(formValues.decayPercent * 10000000)
+  const approvalHook = formValues.approvalHook
 
   const rulesetConfigurations = [
     {
@@ -54,15 +54,15 @@ export function transformEditCycleFormFieldsToTxArgs({
         useTotalSurplusForRedemptions: false, // Defaulting to false as it's not in formValues
         useDataHookForPay: false, // Defaulting to false as it's not in formValues
         useDataHookForRedeem: false, // Defaulting to false as it's not in formValues
-        dataHook: "0x0000000000000000000000000000000000000000" as `0x${string}`, // Defaulting to a null address
+        dataHook: '0x0000000000000000000000000000000000000000' as `0x${string}`, // Defaulting to a null address
         metadata: 0, // Assuming no additional metadata is provided
-        allowCrosschainSuckerExtension: false
+        allowCrosschainSuckerExtension: false,
       },
 
       splitGroups: [
         {
           groupId: BigInt(NATIVE_TOKEN),
-          splits: formValues.payoutSplits.map((split) => ({
+          splits: formValues.payoutSplits.map(split => ({
             preferAddToBalance: Boolean(split.preferAddToBalance),
             percent: Number(split.percent.value),
             projectId: BigInt(split.projectId),
@@ -73,7 +73,7 @@ export function transformEditCycleFormFieldsToTxArgs({
         },
         {
           groupId: BigInt(1),
-          splits: formValues.reservedTokensSplits.map((split) => ({
+          splits: formValues.reservedTokensSplits.map(split => ({
             preferAddToBalance: Boolean(split.preferAddToBalance),
             percent: Number(split.percent.value),
             projectId: BigInt(split.projectId),
@@ -103,11 +103,7 @@ export function transformEditCycleFormFieldsToTxArgs({
         },
       ],
     },
-  ];
+  ]
 
-  return [
-    projectId,
-    rulesetConfigurations,
-    formValues.memo ?? "",
-  ] as const;
+  return [projectId, rulesetConfigurations, formValues.memo ?? ''] as const
 }
diff --git a/src/packages/v4/utils/launchProjectTransformers.ts b/src/packages/v4/utils/launchProjectTransformers.ts
index d5cfb39edb..41104cf698 100644
--- a/src/packages/v4/utils/launchProjectTransformers.ts
+++ b/src/packages/v4/utils/launchProjectTransformers.ts
@@ -127,7 +127,7 @@ type LaunchProjectJBSplit = Omit<JBSplit, 'percent'> & { percent: number }
 export type LaunchV4ProjectGroupedSplit = Omit<
   V4GroupedSplits<SplitGroup>,
   'splits' | 'groupId'
-> & { splits: LaunchProjectJBSplit[], groupId: bigint }
+> & { splits: LaunchProjectJBSplit[]; groupId: bigint }
 
 export function transformV2V3SplitsToV4({
   v2v3Splits,
@@ -135,8 +135,7 @@ export function transformV2V3SplitsToV4({
   v2v3Splits: V2V3GroupedSplits<SplitGroup>[]
 }): LaunchV4ProjectGroupedSplit[] {
   return v2v3Splits.map(group => ({
-    groupId:
-      group.group === SplitGroup.ETHPayout ? BigInt(NATIVE_TOKEN) : 1n, // TODO dont hardcode reserved token group as 1n
+    groupId: group.group === SplitGroup.ETHPayout ? BigInt(NATIVE_TOKEN) : 1n, // TODO dont hardcode reserved token group as 1n
     splits: group.splits.map(split => ({
       preferAddToBalance: Boolean(split.preferClaimed),
       percent: split.percent,
diff --git a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/V4ActivityList.tsx b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/V4ActivityList.tsx
index e5d99c2d2d..a6f83fd979 100644
--- a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/V4ActivityList.tsx
+++ b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/V4ActivityList.tsx
@@ -1,23 +1,20 @@
 import { t } from '@lingui/macro'
 import Loading from 'components/Loading'
-import {
-  NativeTokenValue,
-  useJBContractContext,
-  useJBTokenContext,
-} from 'juice-sdk-react'
+import RichNote from 'components/RichNote/RichNote'
+import { NativeTokenValue, useJBContractContext } from 'juice-sdk-react'
 import {
   OrderDirection,
   PayEvent_OrderBy,
   PayEventsDocument,
 } from 'packages/v4/graphql/client/graphql'
 import { useSubgraphQuery } from 'packages/v4/graphql/useSubgraphQuery'
+import React from 'react'
 import { ActivityEvent } from './activityEventElems/ActivityElement'
 import { ActivityOptions } from './ActivityOptions'
 import { PayEvent } from './models/ActivityEvents'
 import { transformPayEventsRes } from './utils/transformEventsData'
 
 export function V4ActivityList() {
-  const { token } = useJBTokenContext()
   const { projectId } = useJBContractContext()
 
   // TODO: pageSize (pagination)
@@ -32,7 +29,10 @@ export function V4ActivityList() {
     },
   })
 
-  const payEvents = transformPayEventsRes(payEventsData) ?? []
+  const payEvents = React.useMemo(
+    () => transformPayEventsRes(payEventsData) ?? [],
+    [payEventsData],
+  )
 
   return (
     <div>
@@ -65,12 +65,7 @@ export function V4ActivityList() {
                       <NativeTokenValue decimals={8} wei={event.amount.value} />
                     </span>
                   }
-                  extra={
-                    <span>
-                      bought {event.beneficiaryTokenCount?.format(6)}{' '}
-                      {token.data?.symbol ?? 'tokens'}
-                    </span>
-                  }
+                  extra={<RichNote note={event.note} />}
                 />
               </div>
             )
diff --git a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/models/ActivityEvents.ts b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/models/ActivityEvents.ts
index f960855f98..3e3c623afb 100644
--- a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/models/ActivityEvents.ts
+++ b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/models/ActivityEvents.ts
@@ -7,6 +7,7 @@ export type PayEvent = {
   amountUSD: Ether | undefined
   beneficiary: Address
   beneficiaryTokenCount?: JBProjectToken
+  note: string
   timestamp: number
   txHash: string
 }
diff --git a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/utils/transformEventsData.ts b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/utils/transformEventsData.ts
index 243a00239d..4083ca7de4 100644
--- a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/utils/transformEventsData.ts
+++ b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4ActivityPanel/utils/transformEventsData.ts
@@ -9,11 +9,14 @@ export function transformPayEventsRes(
     return {
       id: event.id,
       amount: new Ether(BigInt(event.amount)),
-      amountUSD: event.amountUSD ? new Ether(BigInt(event.amountUSD)) : undefined,
+      amountUSD: event.amountUSD
+        ? new Ether(BigInt(event.amountUSD))
+        : undefined,
       beneficiary: event.beneficiary,
       beneficiaryTokenCount: new JBProjectToken(
         BigInt(event.beneficiaryTokenCount),
       ),
+      note: event.note,
       timestamp: event.timestamp,
       txHash: event.txHash,
     }
diff --git a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4NftRewardsPanel/RedeemNftsSection/RedeemNftsSection.tsx b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4NftRewardsPanel/RedeemNftsSection/RedeemNftsSection.tsx
index 443e3c7f5b..516f96aa61 100644
--- a/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4NftRewardsPanel/RedeemNftsSection/RedeemNftsSection.tsx
+++ b/src/packages/v4/views/V4ProjectDashboard/V4ProjectTabs/V4NftRewardsPanel/RedeemNftsSection/RedeemNftsSection.tsx
@@ -1,78 +1,73 @@
-import { Trans } from '@lingui/macro'
-import { Button } from 'antd'
 import { useWallet } from 'hooks/Wallet'
-import { RedeemNftsModal } from 'packages/v2v3/components/V2V3Project/ManageNftsSection/RedeemNftsModal/RedeemNftsModal'
-import { V2V3ProjectContext } from 'packages/v2v3/contexts/Project/V2V3ProjectContext'
-import { useNftAccountBalance } from 'packages/v2v3/hooks/JB721Delegate/useNftAccountBalance'
-import { useNftCredits } from 'packages/v2v3/hooks/JB721Delegate/useNftCredits'
-import { useContext, useState } from 'react'
-import { NftCreditsSection } from './NftCreditsSection'
-import { RedeemNftTiles } from './RedeemNftTiles'
+import { useState } from 'react'
 
 export function RedeemNftsSection() {
   const [redeemNftsModalVisible, setRedeemNftsModalVisible] = useState(false)
 
   const { userAddress } = useWallet()
-  const { fundingCycleMetadata, primaryTerminalCurrentOverflow } =
-    useContext(V2V3ProjectContext)
-  const { data, loading } = useNftAccountBalance({
-    accountAddress: userAddress,
-    dataSourceAddress: fundingCycleMetadata?.dataSource,
-  })
-  const { data: credits, loading: loadingCredits } = useNftCredits(userAddress)
 
-  const hasOverflow = primaryTerminalCurrentOverflow?.gt(0)
-  const hasRedemptionRate = fundingCycleMetadata?.redemptionRate.gt(0)
-  const canRedeem =
-    hasOverflow &&
-    hasRedemptionRate &&
-    fundingCycleMetadata?.useDataSourceForRedeem
+  // TODO: This needs to be implemented
+  return null
+  // const { fundingCycleMetadata, primaryTerminalCurrentOverflow } =
+  //   useContext(V2V3ProjectContext)
+  // const { data, loading } = useNftAccountBalance({
+  //   accountAddress: userAddress,
+  //   dataSourceAddress: fundingCycleMetadata?.dataSource,
+  // })
+  // const { data: credits, loading: loadingCredits } = useNftCredits(userAddress)
 
-  const hasRedeemableNfts = (data?.nfts?.length ?? 0) > 0
+  // const hasOverflow = primaryTerminalCurrentOverflow?.gt(0)
+  // const hasRedemptionRate = fundingCycleMetadata?.redemptionRate.gt(0)
+  // const canRedeem =
+  //   hasOverflow &&
+  //   hasRedemptionRate &&
+  //   fundingCycleMetadata?.useDataSourceForRedeem
 
-  const showRedeemSection = !loading && hasRedeemableNfts && userAddress
-  const showCreditSection = !loadingCredits && credits && credits.gt(0)
+  // const hasRedeemableNfts = (data?.nfts?.length ?? 0) > 0
 
-  if (!showRedeemSection && !showCreditSection) return null
+  // const showRedeemSection = !loading && hasRedeemableNfts && !!userAddress
+  // const showCreditSection = !loadingCredits && credits && credits.gt(0)
 
-  return (
-    <div className="flex w-full flex-col gap-4 rounded-lg bg-smoke-50 p-5 dark:bg-slate-700">
-      {showCreditSection ? (
-        <div>
-          <NftCreditsSection credits={credits} />
-        </div>
-      ) : null}
+  // if (!showRedeemSection && !showCreditSection) return null
 
-      {showRedeemSection ? (
-        <div>
-          <div className="text-sm font-medium text-grey-600 dark:text-slate-50">
-            <Trans>Your NFTs</Trans>
-          </div>
+  // return (
+  //   <div className="flex w-full flex-col gap-4 rounded-lg bg-smoke-50 p-5 dark:bg-slate-700">
+  //     {showCreditSection ? (
+  //       <div>
+  //         <NftCreditsSection credits={credits} />
+  //       </div>
+  //     ) : null}
 
-          <div className="mt-3 flex items-end justify-between">
-            <RedeemNftTiles nftAccountBalance={data} />
+  //     {showRedeemSection ? (
+  //       <div>
+  //         <div className="text-sm font-medium text-grey-600 dark:text-slate-50">
+  //           <Trans>Your NFTs</Trans>
+  //         </div>
 
-            <Button
-              type="primary"
-              onClick={() => setRedeemNftsModalVisible(true)}
-            >
-              {canRedeem ? (
-                <Trans>Redeem NFTs</Trans>
-              ) : (
-                <Trans>Burn NFTs</Trans>
-              )}
-            </Button>
-          </div>
+  //         <div className="mt-3 flex items-end justify-between">
+  //           <RedeemNftTiles nftAccountBalance={data} />
 
-          {redeemNftsModalVisible && (
-            <RedeemNftsModal
-              open={redeemNftsModalVisible}
-              onCancel={() => setRedeemNftsModalVisible(false)}
-              onConfirmed={() => setRedeemNftsModalVisible(false)}
-            />
-          )}
-        </div>
-      ) : null}
-    </div>
-  )
+  //           <Button
+  //             type="primary"
+  //             onClick={() => setRedeemNftsModalVisible(true)}
+  //           >
+  //             {canRedeem ? (
+  //               <Trans>Redeem NFTs</Trans>
+  //             ) : (
+  //               <Trans>Burn NFTs</Trans>
+  //             )}
+  //           </Button>
+  //         </div>
+
+  //         {redeemNftsModalVisible && (
+  //           <RedeemNftsModal
+  //             open={redeemNftsModalVisible}
+  //             onCancel={() => setRedeemNftsModalVisible(false)}
+  //             onConfirmed={() => setRedeemNftsModalVisible(false)}
+  //           />
+  //         )}
+  //       </div>
+  //     ) : null}
+  //   </div>
+  // )
 }