Dear PermaDAO Community Members:
Last week, the Arweave ecosystem attracted widespread attention in the Web3 market, with the launch of ArFleet, a temporary storage solution, and the participation of stablecoin DAI in AO token minting...... Arweave and AO are about to usher in another ecological explosion frenzy, and PermaDAO contributors have been committed to enhancing Arweave's influence in the Web3 Chinese world! PermaDAO has launched a series of activities such as weekly ecological hotspot review, content guild reform briefing, etc., and more exciting content is in this weekly report!
Author: Lemon
Translator: Lemon
Reviewer: Marshal Orange
Source: Content Guild - Translation
Last week, a total of 126 active contributors participated in PermaDAO. The work data completed by each guild are as follows:
- Promotion Guild completed 15 promotions, awarding 15.91 AR + 5,606.3 BP;
- Management Guild completed 22 tasks, awarding 450.22 AR + 439.89 BP;
- Events Guild organized 3 events, awarding 15.42 AR;
- News Group approved 15 articles, awarding 27.33 AR;
- Translation Group translated 10 articles, awarding 12.11 AR;
- Planning Group completed 10 tasks, awarding 15.11 AR.
Last Week's Incentive Distribution Ranking for Each Guild and Group:
Guild/Group | Distributed AR+BP | |
Top 1 | Management Group | 50.22 AR + 439.89 BP |
Guild/Group | Number of Contributors | |
Top 1 | Promotion Guild | 34 |
Last week, PermaDAO distributed a total of 136.1 $AR to our dedicated contributors, amounting to approximately 3,062.7845 USD. Additionally, 6,046.19 $BP was distributed.
Workload Overview
1. Roundtable Discussion: Arweae/AO Weekly Ecosystem Hotspots Review #10
The 10th roundtable review meeting was held last Tuesday evening, where PermaDAO core contributors Lawrence and Orange shared last week's ecological hotspots and project opportunities. This included:
- The annual Arweave Asia 2024 event will be held in Singapore, with registration officially beginning.
- MostAO has received the first funding from PermaDAO.
- Astro Labs has launched the Quantum cross-chain bridge platform.
- The official website of AO Games is now live.
Event Recap: https://permadao.notion.site/44fcdf4738964ac99ad61d39ff7e5b47?p=912ef9fc80684670b75c3c216ee07c7f&pm=s
2. PermaDAO Content Guild Reform Briefing
Last Wednesday evening, Teacher Middle provided us with a preliminary interpretation of the upcoming significant adjustments to the reform plan for the content guild. This included:
- Reform of the incentive systems for the news and translation teams.
- An introduction to the BP Token.
- HALO is the governance token of PermaDAO.
Event Recap:https://permadao.notion.site/44fcdf4738964ac99ad61d39ff7e5b47?p=99a7d4c7e0f74cb2ad6c780bc7d7fcff&pm=s
3. Interesting stories about the development of Arweave
Last Thursday evening, Mr. Leon, an old friend from PermaDAO, introduced us to the background and development process of Arweave, as well as interesting anecdotes about the community during the development process, and also introduced the differences between Arweave, IPFS, Storj and other projects in the storage sector.
Event Replay:https://permadao.notion.site/44fcdf4738964ac99ad61d39ff7e5b47?p=b6854f5269ba45e1b66e7bd16340cbe1&pm=s
News Express
$DAI is now eligible for $AO minting! Reward Mechanism Launches on September 4
AO's official announcement supports users in bridging their $DAI assets to the AO network to participate in minting and earn $AO tokens, marking the first stablecoin asset to join the minting process. The total supply of $AO tokens is fixed at 21 million, designed with a halving mechanism similar to Bitcoin, and currently, only 8.2% has been minted.The $DAI reward mechanism will commence on September 4, 2024, at 11 AM Eastern Time, with plans to support $USDS backed by real-world assets in the future.
Bridge $DAI Link: https://ao.arweave.net/#/mint
Article Link: https://www.notion.so/permadao/DAI-is-now-eligible-for-AO-minting-Reward-Mechanism-Launches-on-September-4-902ff81ad9ef44298071ce7aae934c71?pvs=4
Upcoming Events
PermaDAO's next week's events are as follows, so stay tuned!
- Roundtable Discussion: Arweave/AO Ecosystem Weekly Hot Spot #11
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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.
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