Bear in Mind These Three Tips from RSA | BanklessDAO Weekly Rollup
Catch Up With What Happened This Week in BanklessDAO
Dear Bankless Nation 🏴,
Welcome to Season 9! We hope you reconnected with your friends, family, and self during the Gap Week. This season will be 15-weeks in duration and will take us through to the end of 2023 and a longer break.
The official Season 9 launch event was nothing short of good vibes and hearty laughter, with tales of awesome achievements and innovative plans. The dedication of bDAO contributors amid the bear deserves a shout out — it’s second to none.
In this week’s editorial, we revisit the advice given by Ryan Sean Adams during the kick off call — because it’s too good to leave in the ephemera of X. It was a pleasure to have both Ryan and David present and to hear their perspective on what the new year may bring. Ryan’s three tips are sure to resonate with you and we hope it helps to ignite your passion for the bankless ethos.
For those in our community who are traveling to events this week, we wish you a safe journey and many happy meet ups with virtual buddies from across web3. In particular, Permissionless promises to bring many of the bDAO fam together for some fun in the Texas sun.
Enjoy your weekend, and we hope this issue of the Weekly Rollup brings good things to bear!
Contributors: angelspeaks, Warrior, theconfusedcoin, anointingthompson1.eth, Paulito, Vi-Fi, trewkat, HiroKennelly
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🔐 Lock up your BANK via the DAO website.
🔴 Complete Bankless Academy’s latest lesson on Optimism Governance.
🧐 Watch the AV Guild’s new series launch: Moloch Traps from the Aa to Zzz duo.
🎨 Mint the BanklessDAO S8 Contributor digital collectable via Zora on Optimism.
🏃♀️ Catch up on this week's Season Kick Off slides or listen to the recording.
Snapshot Votes
🗳 Seasonal Meta-Governance Delegation to DAOStewards.eth
By approving this proposal, DAOStewards will continue to serve as BanklessDAO's official meta-governance group for Season 9, and the BanklessDAO Vault Multsig will be able to grant DAOStewards requests for qualified governance tokens. If you haven't voted already, please do.
Proposals in Discussion
💰 Tokenomics — Approve DAI Capital-Efficiency Strategy
In early 2022, following the transfer of DAO liquidity to Uniswap V3, the DAO established a Rari Fuse pool, which would allow those holding BANK tokens to use them as collateral for borrowing.
This proposal is to deposit the 14,693.416 DAI which is sitting idle in DAO Treasury into BanklessDAO’s Rari Fuse pool and earn 6.53% APY. If you haven't weighed in on this proposal, hop on the Forum and do so.
Bear in Mind These Three Tips from RSA
Author: trewkat, with an appreciative hat tip to Ryan Sean Adams
Did you miss the BanklessDAO Season 9 kick off? It was a great event, very positive, and there was a definite vibe that there could be a bull market just around the corner. However as David Hoffman pointed out, we don’t know just how long that corner might be, and it’s also possible that — similar to the 2020 bull — we may not even recognise it when we’re there.
Regardless of market timing, Ryan Sean Adams shared some excellent advice I thought worth repeating in the Weekly Rollup. I’ve slightly paraphrased Ryan’s words, so if you would like to hear his wisdom directly you can listen to the recording.
Ryan discussed three ideas which he believes will serve bDAO members well through the next year or so, in preparation for what we hope will be different market conditions.
1. Grab a Bear Market Buddy
This is a great time to connect with your community and find the people who truly share your values. David and Ryan actually met during the last bear market! Whether it be through face-to-face events such as Permissionless, or in the weekly Community Call or Discord chatter, one of the best ways to stay grounded is to bond with others on our journey.
2. Find a Crypto Hobby
What is it that you find intellectually stimulating about web3? Whether it’s the cutting-edge technology, contributing toward social and political change, creative pursuits, regenerative finance, decentralized science, or any number of combinations of these aspects, Ryan is correct in saying that to explore all the different rabbit holes and find your niche is a great hobby to have. Do this at your own pace, to satisfy your own curiosity, and most of all, have fun with it.
3. Invest in Yourself
It’s likely that when the market does improve, there will be opportunities for people who have solid web3 experience to contribute in new and exciting ways. Ryan’s third tip is to invest in yourself first: strengthen your skillset by learning how to write, speak, design, or code and you will be setting the parameters for positive personal growth regardless of external conditions.
The Bear Market Blows But We’re Here Together
The tips Ryan provided during the kick off are solid, and very similar to the advice I would give you myself. While I have about one gazillianth the crypto knowledge that Ryan Sean Adams and David Hoffman have, I’m grateful every day that they decided to create BanklessDAO and invite us to join them in going bankless.
Cheers to Season 9 at bDAO!
🔒 X Password Reset
As a security measure, the Marketing Department changes the DAO’s X profile password every season. 2FA has also been enabled this time as an added layer of security. For those who need access, please contact Eren Targ.
🔴 Optimism Collective AMA
This AMA, a follow-up to last month’s discussion, covers Optimism’s governance, the Law of Chains and the master programs. This X Space recording is packed with information and insights about what’s next for Optimism and is definitely worth listening to.
🎙️ Bankless Publishing Spotlight
In this X space recording, Bankless Publishing chats with Perchy, the ‘Where’s Waldo’ of web3. Listen in as they talk about topics like digital creation, the early bDAO days and of course, the famous chippi!
🏁 Mosaic Winners
Mosaic is hyped to announce the winners of the BanklessDAO Race to 100 contest. The prize pool was 50k BANK! Congratulations go to the grand prize winner of 32k BANK: MissHomie! Second prize, 12k BANK, was awarded to sianliu.eth, and trewkat was awarded the final 6k BANK.
Thank you to everyone who participated in this contest. Remember, just because the contest is over doesn't mean sharing knowledge has to stop. Mosaic gets better the more you use it, so keep asking and answering questions.
For those attending Permissionless, check out the unofficial Q&A forum, powered by Mosaic!
⛴️ BanklessDAO Content
🧠 Crypto Sapiens
🌍 Bankless Africa Podcasts
✍️ Bankless Publishing
🌏 Bankless Africa Newsletter
🗞 The Rug Newsletter
🛄 How To Bounty Board/Dework
Are you interested in learning how to create and claim bounties on the Bounty Board and Dework? Join the Education Department on Tuesday, September 12 at 14:00 UTC in the watercooler voice channel to learn more about these tools.
🎇 How To Sobol
Sobol is a web-based platform that allows teams to govern themselves and run their organization according to their unique culture. Learn about the organization of the DAO and how to find different information about roles, guilds, Notion pages, multisigs, and community members. Join the Education Department on Wednesday, September 13 at 14:00 UTC in the watercooler voice channel.
📒 How To Notion
Get help with the Notion Ninja Learn to Earn courses. Understand how Notion permissions are managed and what course you need to learn to become an effective Notion Administrator and user. Join the Education Department on Thursday, September 14 at 14:00 UTC in the watercooler voice channel.
💱 Ambient Finance: Gasless Transactions and Sustainable Liquidity
Ambient is a community-first project, developed with public input to shape its evolution. It offers a range of quality-of-life improvements for a best-in-class DEX user experience, including features like ‘gasless’ transactions and the ability for users to pre-fund tokens at the DEX. Join this demo in the Live Demo voice channel in the DAOlationships server on Tuesday, September 12 at 18:00 UTC.
🌪️ Singapore Events Whirlwind
Bankless Publishing has been appointed as the official media partner for the upcoming conferences and hackathons in Singapore!
Schelling Point, Singapore, a celebration of all things public goods in web3, will be held on September 11, while Ethereum Singapore runs from September 10-12.
On 13-14 September 2023, TOKEN2049 will be the distinguished flagship event of TOKEN2049 Week, which features a week of various independently organised side events including meetups, workshops, hackathons, networking drinks, parties and Formula 1 Racing.
Last but not least, the team that sparked the magic of Zuzalu's flagship co-living and co-working experience is now driving a build-focused satellite event: HackZuzalu Singapore! It’s all happening from 13-15 September 2023.
🛵 ETHRome 2023: The First Italian Event by Builders, for Builders
Since 1996 when John Perry Barlow's Declaration of Independence of Cyberspace envisioned an internet that empowers individuals, the opposite has happened: centralization has surged and tech giants have increased their exploitation of user data without adequate safeguards. Digital monopolies have emerged, offering convenience at the cost of control and privacy.
However, new hope has emerged with the latest developments in crypto and all the web3 tools that balance privacy, collaboration, and decentralization while upholding individual rights. Urbe.eth, the leading Ethereum community in Italy, embodies this spirit.
Urbe.eth has more than 500 members on Discord, 2,000+ followers on X. After more than a year of regular in-person meetups, travel to conferences and hackathons worldwide, and interviews with key figures in the crypto space, the idea arose: why not organize a hackathon in Rome?
The city's charm, blending ancient history with modernity, serves as a metaphor for Urbe.eth's approach to web3. ETHRome aims to demonstrate that collective intelligence and innovative governance models can protect individual rights and address challenges in digital networks. It offers fertile ground for individuals to exchange ideas, build systems, and shape the future, guided by experienced mentors.
Join us for a share of +$70k in prizes, an amazing location, side events, top mentors and sponsors, the closing party … and a lot more!