Notes: Community Town-Hall, Wed Jun 8th
- Objectives and key results for Q2
- Frens Network — consulting arm of ShineDAO
- Grant applications & referral bonuses for community
- DAO to DAO SWAPs
- Governance enhancement discussion
- Project updates
Objectives and key results for Q2
Due to market conditions we’ve been focusing on O2: Improve positioning of ShineDAO & O3: Roll out Tokenomics 2.0.
- Increase supporters engagement
(follow #💰supporters-hub Discord channel for bi-weekly deal-flow updates)
- Increase inflow of projects in the deal flow from 40 per Q to 120 per Q
(we improved the process, explored tools, and might cooperate with other investment DAOs)
- Onboard 3 reputable advisors
(2/3 atm , will be focusing on that more till the end of the month, any tips from the community much appreciated)
- Launch reward contracts
(veSHN holders already benefit from SHN reward contracts, we are close to launching the ability to distribute tokens from SWAPS to veSHN holders)
- Launch MVP vesting contracts
(We have working MVP, perfecting this feature is lower prio than reward contracts)
- MVP Webapp Adjustments
(We already changed colors, fonts and colors in “soft” rebranding, but working on propper updates on all existing features)
- Secure 100k in grants
(See grant application section)
- Improve legal setup
(Governance enhancement proposal will remove potential legal risks, we will keep working with WACEO)
Please find an overview here:
Frens Network — consulting arm of ShineDAO
Frens network is the execution and consulting arm of ShineDAO. The frens network comprises of vetted individuals and frens from other well-established projects, and DAO service providers. They support ShineDAO in sourcing and evaluating projects, participate in fundraisings, and offer services and consultations to our clients.
Find more info in the PDF below.
- We make a contract with the project/client (to protect our contributors)
- We usually merge proposals and create a package that is more digestible for a project/client than proposals from many individuals
- We vouch for individuals in the Frens Network (together we have higher credibility)
- We can issue invoices and allow contributors to pay taxes
- You earn your desired rate, but we make the client pay 10% percent that goes to DAO treasury
How to join?
We are looking to secure grants that will bring ShineDAO closer to connecting cohorts of innovators with supporters and contributors and building a decentralized future in a trustless multi-chain environment. We are applying for grants from the projects listed below:
Got a grant idea?
You get a 10% grant referral fee!
DM King_Kunta#9877, you will get access to previous applications and support.
DAO to DAO SWAPs
We are looking for SWAP candidates: early-stage projects we believe in or projects we are seeking strategic partnerships with.
Why should a project SWAP its tokens with SHN?
- Access to 100+ ShineDAO frens (vetted individuals in talents and advisors network)
- Ability to utilize own illiquid tokens to incentivize contributors
- 1 agreement, 100+ individuals with “skin in the game”
- Ability to stake SHN to get veSHN and all corresponding benefits
Governance enhancement discussion
Please find the discussion here:
SHNIP-03: Governance Enhancement
Summary The aim of this proposal is to improve the ShineDAO governance by redefining Committee's role (requirements…
Tricrypto index is live!
DeFi Options DAO
We are looking for pool operator responsible for:
- Defining the liquidity pool trading strategy, including the options pricing model
- Operational tasks that implement such strategy (e.g. updating pricing parameters, etc).
Do you happen to know someone interested in this role? Please DM King_Kunta#9877.
ShineDAO is a self-govern community on a mission to fund and support the most promising Web3 & DeFi innovators.