This week in DAOs - Sep 8, 2022
A roundup of the most exciting developments in the DAO space.
Every week is DAO week. This week that’s especially true.
Downtown Denver is teeming with devoted DAOists sharing knowledge, celebrating successes, and building the next iteration of web3. New projects and creative collaborations are in full force. The GM Bus is on the road evolving the crypto narrative; RaidBrood, KONG, and the team behind Whiskey Pioneers teamed up on a limited-edition collectable creation (DM to get yours); and cryptocouture is on display.
Building the future of the blockchain is a never ending quest. The easiest way to play a role is to support projects that speak to your vision through Gitcoin’s 15th Grants Round. And, for a better understanding of Gitcoin’s history, impact, and quadratic funding approach, don’t miss Gitcoin founder Kevin Owocki on DAO or Never.
The Economist, The future of crypto is at stake in Ethereum’s switch. The next era in crypto is dawning, and we’re on the edge of our seats.
RAI I-term Tuning Update by Ameen Soleimani. RAI is a USD-denominated, (un)governed, stable-ish coin that operates similarly to Maker DAO’s original DAI, where stablecoins are minted when they are borrowed against ETH collateral. RAI adds a feedback loop that attempts to oppose imbalances between the market price and the loan payback redemption price. However, it has been imbalanced for over three months as people aren’t responding as the system expects, which is enabling some to make steady returns by shorting it. Here is a writeup on recent events.
Tweet of the Week
For a quick education on NFTs + Creative Commons:
🌶 September 6-9: MCON – for DAO purists. Denver, CO. Come find us!
💸 September 7-22: Gitcoin Grants Round. Put your money where your mouth is!
🇨🇴 October 11 - 14: Devcon Bogota. Tickets available now.
🌏 All Over, Often: ETHGlobal
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