The Halfway Point | BanklessDAO Weekly Rollup
Catch Up With What Happened This Week in BanklessDAO
Dear Bankless Nation 🏴,
We’re at the seasonal halfway point; there are now eight weeks to go until the end of Season 9 and a well-earned break to round out the year. What do you want to achieve before 2023 draws to a close? What goals does your guild or project team want to meet during Season 9?
BanklessDAO is excited to be included as a potential recipient in the current Octant Epoch. Octant allocates a portion of its staking rewards to fund public good projects. If you hold and lock at least 100 GLM tokens you can then decide to keep your portion of ETH staking rewards or donate them to selected recipients.
The Community Call roundtable discussion will now happen every two weeks. There are a limited number of slots available, so if you are interested in sharing a topic or getting feedback from the community, please add the details to the booking sheet.
This week’s Community Call roundtable was a great one — Ornella initiated a conversation about onboarding and we heard from a few of our community members about their experiences at bDAO and other DAOs. The creation of a smooth introductory experience at BanklessDAO is something that we must pursue, so if you have any ideas about the process, please let Ornella know.
We wish you a relaxing weekend, and hope you enjoy this edition of the Rollup.
This is an official newsletter of Bankless Publishing, a BanklessDAO-affiliated project. Please subscribe and share to help us grow our audience as we fulfill our mission to build user-friendly crypto onramps.
🎙️ Crypto Sapiens is looking for podcast hosts. Join their Discord to find out more.
📃 Book a slot for the CC Roundtable in the booking spreadsheet.
🧑🏫 Learn at the How To BANK Education Dept session on 24 October at 14:00 UTC.
The Grants Committee has been dealing with several challenges that may be an existential threat to the DAO, such as unclear mandate, trouble attracting and retaining members, difficult and contentious seasonal funding process, and no way to track its own performance.
This Temp Check seeks DAO feedback on potential solutions to the above problems.
Defining a GC and Department purposes in the Constitution.
Adjustment of GC quorum and compensation.
Defining who should be able to request grants.
Moving projects to ad-hoc funding (not seasonal).
Reducing scope and adopting new tools for guild funding.
There is a thought-provoking discussion happening on the Forum and you are welcome to bring your ideas and your vote to this temp check.
As we progress through Season 9, this is a timely reminder that it will soon be time to think about planning for Season 10! The last day of Season 9 is December 17, 2023, and this will be followed by the Annual Break. Season 10 commences on January 2, 2024.
November 11: All S10 funding requests from guilds, departments, and projects to be posted to the Forum for the Grants Committee to review
November 12-25: Grants Committee to work with groups to review funding requests.
🚨 Morocco and Libya Aid Relief
A recent 6.8 magnitude earthquake has left Morocco in distress, close to 3,000 people have died and thousands more are injured. Moroccans are grappling with the loss of homes and loved ones. The need for assistance is immediate and pressing.
Meanwhile the people of Libya are facing a humanitarian crisis following the recent floods. Thousands of people have been displaced from their homes, and many have lost everything. People are without food, water, shelter, and medical care.
Support the ongoing relief efforts in Morocco and Libya by joining the quadratic funding Optimism Round on Giveth. This is a chance to amplify your impact and make a real difference in the lives of those affected by these devastating disasters.
🎰 Decoding DeFi and Financial Independence
In this episode of the creator economy podcast, we look at how creators can use DeFi to put their crypto to work. With DeFi, creators enjoy higher yields and lower fees compared to traditional finance . It's a game changer, providing direct access to financial tools, empowering creators to take control of their future.
⛴️ BanklessDAO Content
BANK is the governance token of BanklessDAO. To learn about the origin of the BANK token and its tokenomics, join the Education Department on Tuesday, October 24 at 14:00 UTC in the watercooler voice channel.
Uniswap is an open-source protocol for providing liquidity and trading ERC-20 tokens on Ethereum. Join the Education Department on Wednesday, October 25 at 14:00 UTC in the watercooler voice channel to learn more about the utility of the BANK token and Uniswap.
Have you ever wanted to track the movement of your coins and tokens or would you like to know how to scan the bDAO treasury? Join the Education Department on Thursday, October 26 at 14:00 UTC in the watercooler voice channel to learn the common properties of block explorers, what can be explored, and how to read your own personal wallet or NFT contract.