Season 8 for Bankless DAO

Season 8 for Bankless DAO

By Vladan Lausevic | CryptoVlad | 20 May 2023


 

 

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.

 

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Vladan Lausevic
Vladan Lausevic

Based in Stockholm, Sweden as a social entrepreneur. Working with decentralization of democracy, climate transformation and economy. For more info, please get in touch with me via [email protected]


CryptoVlad
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