BanklessDAO is entering Season 8, focusing on governance, Sybil resistance, and membership structure. The DAO plans to revamp its Constitution and increase Sybil's resistance to the Forum to ensure the platform's integrity. Discussions are ongoing regarding seasonal quorum requirements and the remuneration rate for contributors, as the value of BANK has significantly decreased.
One of the major updates is the introduction of tlBANK, a time-locking mechanism where contributors stake BANK and receive an NFT as proof. This initiative aims to promote long-term value alignment and sustainability within the DAO. The Grants Committee will clarify funding requirements and consider the impact of grants on organizational units. There will also be discussions about BANK emissions and financial sustainability.
Several projects, such as BanklessWallet, Layer 2 Review newsletter, and a Spanish-language subDAO, are expected to drive attention and revenue in Season 8. Additionally, various BanklessDAO media and educational projects have received retroactive public goods funding from Optimism.
Thanks for reading. You can support and reward my writing via:
Pay Pal – [email protected]
Algo - NCG6LBALQHENQUSR77KOR6SS42FGK54BZ5L2HFDSBGQVLGYIOVWYDXFDI4
ADA – addr1q9vfs6nqz4xmtnpljwhv4tukyskd2g7enxd87rpugkwwvfun5pnla5d5tes2mvurrc77e7837yd0scrfk063qlha8wgs8d4ynz
Bitcoin 3HbxyDXE9MhNQ8RqsirqgYvFupQzh5Xby2
ETH - 0x8982cdb97bd23f092f78a16a4fc93c5c4607a285
Seeds – vladlausevic
Skycoin – ZxjhWMJRbTNCRQzy5MekZzH4fhdWFCqBP8
Tezos — tz1QrRzkTAKuPKF8dmGW6c1ScEHBUGvoiJBM