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PermaDAO#109 | Aolotto Receives $1500 PermaDAO Grant | 3.8 - 3.14

Validated Project

In the past week, PermaDAO distributed 295.43 $AR and 7,351.87 $BP. AO ecosystem continues to make significant progress, with key developments such as $AO listing on Gate, the launch of PI, and more. For a deeper dive into the latest updates on the Arweave & AO ecosystem, check out the weekly highlights from the Activity Guild. We look forward to seeing more incubation projects thrive within the DAO! Read the full weekly report for all the details!

Author: Marshal Orange

Translator: Marshal Orange

Reviewer: Kyle

Source: Content Guild Translation

Originally published at: PermaDAO

Original link: https://permadao.notion.site/PermaDAO-109-Aolotto-PermaDAO-1500-Grant-3-8-3-14-0dd0dce96ca2478f9f1a0c89fecce021?pvs=4

Workload Overview

Last week, PermaDAO had a total of 75 active contributors, with work completed by each guild as follows:

  • Promotion Guild completed 11 promotions, distributing 56.95 AR + 6,025 BP;
  • Admin Guild completed 10 tasks, distributing 56.35 AR + 1,326.87 BP;
  • Activity Guild held 1 online event, distributing 45.12 AR;
  • Incubator Guild completed 4 settlements, distributing 16.27 AR;
  • Submission Group published 3 articles, distributing 17.57 AR;
  • Research Group published 1 article, distributing 60.96 AR;
  • Planning Group completed 27 tasks, distributing 33.61 AR;
  • Translation Group translated 4 articles, distributing 8.6 AR.

Last Week's Incentives Distribution and Active Contributor Rankings by Guild/Group:

Guild/GroupDistributed AR
Top 1Promotion Guild56.95 AR + 6,025 BP
Guild/GroupNumber of Contributors
Top 1Promotion Guild43

Last week, PermaDAO distributed a total of 295.43 $AR to our dedicated contributors, and 7351.87 $BP was distributed.

News Flash

1. $AO Airdrop Now Claimable on everPay

If your everPay account previously held $AR, you can now withdraw $AO to the AO network.

Note: $AR on everPay is no longer eligible for the $AO airdrop. Please withdraw your $AR to the AO mainnet as soon as possible!

Withdrawal Link: https://app.everpay.io/airdrop

2. Aolotto Dividend Mechanism Upgrade

Aolotto has officially upgraded its dividend mechanism to a staking-based daily dividend model, removing the previous $1000 minimum dividend threshold. Users can lock their $ALT into the staking contract to obtain veALT and receive daily dividends based on their veALT balance proportion.

Staking Rules:

  • Lock-up period: Minimum 7 days, maximum 4 years (1440 days).
  • The longer the lock-up period, the more veALT received.
  • veALT follows a veCRV-like design, decays over time, and is non-transferable.

Benefits Upgrade:

  • Only staked users can receive daily dividends.
  • veALT grants decentralized governance voting rights and benefits within the LottoFi ecosystem.

Detailed Staking & Dividend Plan: https://docs.aolotto.com/cn/zhi-ya-fen-hong

3. Aolotto Receives $1500 Grant from PermaDAO

Aolotto has recently received a $1500 grant from PermaDAO to support community development. Most of the funds will be used to host exciting events, bringing more rewards and benefits to users.

Link: https://x.com/aolotto_dao/status/1899976199121588338

Event Recap

Roundtable Discussion: Arweave / AO Ecosystem Weekly Highlight Recap #33

Last Tuesday, weekly ecosystem highlight recap event continued with contributors Kyle and Marshal Orange reviewing and sharing the highlights from the previous week:

  • Arweave/AO Network Data
  • AOCRED Claim Interface Now Live, Holders Can Redeem $AO; Protocol.land Launches Protocol Pioneers Campaign; Permaweb Index (PI) Goes Live on March 14th
  • AO Gold Node Competition Opens, Protocol.Land Zealy Mission, Incubator Guild Rules Upgrade ......

Recording: https://permadao.notion.site/Arweave-AO-33-1b327607c439803fab1cd17451b26ded?pvs=4

Upcoming Events

  • Roundtable Discussion: Arweave/AO Ecosystem Weekly Highlights Review #34

🏆 Spot typos, grammatical errors, or inaccuracies in this article? Report and Earn !

Disclaimer: This article does not represent the views of PermaDAO. PermaDAO does not provide investment advice or endorse any projects. Readers should comply with their country's laws when engaging in Web3 activities.

🔗 More about PermaDAO ：Website | Twitter | Telegram | Discord | Medium | Youtube

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