DAOs biweekly vol.11
16th October - 30th October
DAOs' legal standing and financial reporting, AN DAO launch, Uniswap's competitive fee proposal, DAO revolution index, BadgerDAO<>mStable, Indexed Finance hack, Cream Finance flash loan exploit, and more!
TL;DR
- DAO participants are searching for legal entity solutions for DAOs
- The Aragon Network DAO launched. It consists of a Main DAO and several sub-DAOs
- MolochDAO grant applications open November 1
- Uniswap votes on ultra low fee tier: 0.01% fee tier would be the lowest swap rate available in defi
- Curve Finance considers removing the smart contract whitelist for interacting with governance and veCRV vote locking mechanisms
- Badger DAO’s first Digg Improvement Proposal (DIP) to pause negative rebasing is live on snapshot
- mStable’s PDP 32, 33, 34 & TDP25 passed. mStable<>BadgerDAO
- Compound is back to normal operations and COMP distributions with the execution of proposal 65. Messari’s Q3 quarterly report is an essential read
- Yam Finance Q3 2021 treasury report is out
- Discussions on DAOs and DAO service providers producing financial reports is growing as a few such reports were released these weeks
- Idle’s token holders approved and executed IIP-14, removing LM support to Risk-Adjusted strategies
- An Index Coop community member proposed the creation of the DAO Revolution Index. While there are live meta-governance votes
- The Lido community votes to engage Isidoros Passadis for “Master of Validators” Lido DAO Role
- The next token that will be onboarded in MakerDAO as collateral is stETH from Lido Finanace
- Nexus Mutual announced the Mutant Chronicles, an NFT project created to celebrate the active community members
- Synthetix Treasury Council distributed 32k sUSD to gDAO. SIP-187 approved. The Avior Release including new Wrappr Factory SIP-182 completed
- PieDAO’s PIP-64 & PIP-65 are live for voting
- PoolTogether V4 launched. PTIP-40 approved
- Former Yearn developer is running for Congress
- A16Z researchers suggest potential structure to allow DAOs to receive the benefits of legal recognition
- Sushiswap votes on community analytics proposal from Flipside Crypto, similar to the previously rejected Uniswap proposal
- Worldcoin proposes solution to sybil problem with biometric based cryptocurrency, causing controversy over privacy
- Indexed Finance holds series of polls on hack response
- Cream Finance faces flash loan exploit, with loss of 130 million dollar
- Nouns DAO votes on funding grants multisig
- Active proposals: Aave, BadgerDAO, Balancer, GitcoinDAO, Index Coop, KyberDAO, PieDAO, LidoDAO, Uniswap
- New & ongoing discussions: Compound, mStable, MakerDAO, Yam Finance, Curve, Yearn Finance, Nexus Mutual, BancorDAO, Akropolis, GnosisDAO, PoolTogether, API3, Idle, Kleros, Synthetix
- DIOs — decentralized impact organizations for the climate
- ETH Lisbon surfaced the evolution of DAOs
- PleasrDAO’s Wu-Tang album
- Podcasts on DAOs
- DAOlloween
- And more!
#DAOhttps://twitter.com/Paradigm_fund/status/1454427475887468548?s=20
💧Airdrop: SingularityDAO 💧
📣Complete Task: ➕ 280 #DAO (~$200) for registering
📊Referral: ➕ 15 $SDAO ($10) for each referral.
🏆Winners: All Valid users.
💎Ratings: ⭐️⭐️⭐️
📅End Date: 28th March, 2023
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💠 Join SingularityDAO Telegram Group & Telegram Channel.
💠 Follow Airdrop Presents on Twitter and retweet the pinned post.
💠 Refer at least 5 person
Connect your wallet address to qualify for the airdrop withdrawal
💠 Submit Ethereum (ETH address & Your Email Address
📡Enter your information to the airdrop bot.
🗞Note: All airdrop steps should be completed.
❇️News
Proshares Bitcoin ETF approved
https://www.sec.gov/Archives/edgar/data/1174610/000168386321006052/f10028d1.htm
On bitfinex and tether’s settlement with the CFTC
https://twitter.com/bitcoinlawyer/status/1449075487041626124
Steam bans games that allow cryptocurrency and NFT trading.
https://www.engadget.com/steam-ban-cryptocurrency-nft-trading-blockchain-valve-165038811.html
Epic says it’s open to blockchain games after Steam bans them
https://twitter.com/TimSweeneyEpic/status/1449146317129895938
RenVM3.0
https://twitter.com/bftzhang/status/1448975873365839872
Perp x Impossible Finance
https://twitter.com/perpprotocol/status/1448997121642881026
NDX REKT
https://twitter.com/RektHQ/status/1449067116297138179
Dexible v 1.1
https://twitter.com/DexibleApp/status/1449068010946314243
First DeFi Dev running for Congress!
https://twitter.com/mattdwest/status/1449165254886191111
📷 NFT News
Aurory IDO
https://twitter.com/auroryproject/status/1449231434850385921?s=21
News about Aurory & the team
https://twitter.com/AuroryProject/status/1448638430603325443
Nyan Heroes Presale Time and Update
https://nyanheroes.medium.com/nyan-heroes-presale-time-and-update-3d2d72bfef66
Cool Cats Roadmap
https://twitter.com/coolcatsnft/status/1449152148114010112
🧵 Project Threads
🏦 DeFi
Mount Olympus: Fact and Fiction
https://twitter.com/RyanWatkins_/status/1449023863250210819
Premia
https://twitter.com/Krugman25/status/1449102385175990273
📷 NFTs
NFT Marketplaces
https://twitter.com/masonnystrom/status/1449041271805263876
LAMO
https://twitter.com/sobylife/status/1443731527569969157
📚 Reads
Governance Mining — liquidity mining for human capital
https://twitter.com/JacobPPhillips/status/1449082111479070722
VCs ‘pre-farming’ DeFI projects raises questions about ethics in crypto investing and aidrops
https://twitter.com/TheBlock__/status/1449191220056629250
A simple framework for understanding Web3 vs. Web2 technology
https://twitter.com/TheBlock__/status/1449159112575565826
On having conviction and zooming out
https://zeneca33.substack.com/p/letter-18-the-current-bear-market
Invisible Hierarchies
https://www.drorpoleg.com/invisible-hierarchies/
Crypto economics crash course
https://twitter.com/RealNatashaChe/status/1448419168986882050
📺 Watches
Tracheopteryx on rewarding #DAO contributors and creating thoughtful incentive programs.
https://twitter.com/CryptoSapiens_/status/1449026323775512576
✍️ Podcast notes
Kinjal on On The Other Side
https://twitter.com/The_ReadingApe/status/1448989534427906055
Cred’s ETF and Chill
https://twitter.com/cmsintern/status/1449031169895456779
💰 Raises
Tribe Capital launching 75m fund
https://twitter.com/CoinDesk/status/1449168664096292871
Crypto Unicorns raise 5m
https://twitter.com/ZeMariaMacedo/status/1449083319296081920
Courses
Ship an epic Web3 app on Solana
https://twitter.com/FarzaTV/status/1449114974392143874
Donations : darrenlautf.eth | thedailyape.eth
0x4Ab5E3F0b2d1604dD2002CfEcA6163802D74c6Cb
Perp Referral : https://referral.perp.exchange?code=thedailyape
dYdX Referral : http://trade.dydx.exchange/r/thedailyape
FTX Referral : https://ftx.com/#a=thedailyape
Binance Referral : https://www.binance.com/en/register?ref=11828309
Play your part in deciding how resources for Arweave's ecosystem development should be allocated, by applying to the community-run #DAO fund 🚀🛠️📢👉https://medium.com/@arweave/announcing-the-first-community-run-arweave-ecosystem-fund-dao-a3ca9ef6fa6f?source=friends_link&sk=cfc45ce080ac7648550adf62cf5dacce
🎉 Hipo Finance: Introducing the Hipo Fund Initiative
#TON#DAO
Hipo Finance unveils the Hipo Fund to support HPO holders by reinvesting proceeds from token sales into on-chain TON assets. The fund ensures transparency with quarterly reports and community-guided governance through DAO voting.
Source: link
@tonlines
⚡️Tonnel Network: Final $TONNEL Supply Cap
#TONNEL#DAO
The Tonnel Network has ceased minting $TONNEL tokens since October 13, 2024, fixing the supply at 1,459,000 tokens. This decision accompanies the burning of over 8 million $TONNEL, marking a new era for the network and its DAO.
Source: link
@tonlines
⚡️Hipo Announces DAO Voting for Season 4
#Hipo#DAO
Hipo has opened the DAO voting for Season 4, allowing users to authorize or veto the proposed outcomes concerning the allocation, claim price, and staking rewards of HPO. This season introduces a new model where hTON holders receive HPO directly, aiming to increase total value locked and strengthen the protocol. Voting is scheduled from November 21-22.
Source: link
@tonlines
⚡️Hipo: DAO Vote Concludes for Season 4
#DAO#Hipo
Hipo has announced the results of the DAO vote for Season 4, establishing a 10× multiplier for Level 10 staking rewards with an estimated 6.2% APY. Following this, an Authorization DAO vote will be held to confirm or veto these outcomes.
Source: link
@tonlines
⚡️Hipo: Season 4 Staking Reward Rate Voting Now Open
#Hipo#DAO
The Hipo channel has announced the opening of a DAO voting for the Season 4 staking reward rate. HPO holders can decide the Level 10 reward multiplier with voting starting on November 20 and ending on November 21.
Source: link
@tonlines
⚡️TON Diamonds NFT: Platform Overhaul Announcement
#TON#NFT#DAO
TON Diamonds NFT has launched its first major platform update, enhancing the user experience with a gallery-inspired design. The redesign includes comprehensive artist profiles and a marketplace exclusive to current artists' works. Three more updates are planned, covering a utility token, DAO operations, and joining details for new artists.
Source: link
@tonlines
The first episode of DWF Chats is scheduled to launch tomorrow morning at 9:30AM SGT. In the first episode we interviewed Egor Gavrilov from XDAO : Build and manage your Decentralized Autonomous Organization using the fastest-growing, safest, and most convenient solution on the market
#web3#crypto#blockchain#DAO
https://www.youtube.com/watch?v=P4z4tpbOCVo
Few days until the release of the Architec.ton application and a major 🚀 airdrop to all BNK holders!
A great opportunity to purchase BNK and receive an airdrop after the app is released! All BNK holders will be awarded $ARC tokens immediately after the release.
🔜What are BNK and ARC?
By purchasing BNK, you will be able to stake it and receive $ARC for it. BNK is issued in a limited quantity — only 3,000,000 tokens, and their emission is strictly fixed.
Think of them as stocks that will pay you dividends in the form of $ARC.
🔜How will the value of the tokens be ensured?
Architec.ton is different from most projects in the #crypto and #web3 world. This is a gaming non-custodial wallet based on the #TON blockchain, combining hundreds of gaming Telegram Mini Apps in one place.
🔜Utility
The value of BNK will be supported by a real product that solves the problem of protection from numerous scam projects in the crypt. Using $ARC you can make in-app purchases and vote for games in the catalog. All games are KYB (Know Your Business) verified to ensure their reliability.
Join and earn money! Don't miss your chance to be among the first members #DAO and influence the future of gaming content!