⚔️ 🦉 Gnosis Chain Weekly · 15th of July 2022
Season of BUIDL
Gnosis Safe raises $100M, meetups, collaborations, and new projects on Gnosis Chain. Teams from across the Gnosis ecosystem all head to ETHCC July 19 - 21, 2022. Let’s gooo!
Highlights from the week
Gnosis Safe rebrands to Safe and announces a funding round of $100 million
DeFiYield + Friederike Ernst
Gnosis COO, Friederike Ernst, talked with DefiYield for an excellent discussion about web3 and Gnosis Chain;
Azuro + Stefan George
Gnosis co-founder, Stefan George joined Azuro Protocol for a rousing discussion about Gnosis Chain. Check out the recording 👇
The Necromorfo Crypto Rock Tour kicks off!
DAO tooling on Gnosis Chain
Check out this educational thread about web3 infrastructure and building on Gnosis Chain:
GnosisDAO Community Call with Angela from TE Academy
The GnosisDAO Community Call happened on the 14th of July with updates from the Gnosis ecosystem and a discussion with Angela, the founder of TE Academy. Check out the recording below! 👇
ETHCC + Gnosis Chain
Gnosis Chain is a Silver sponsor of ETHCC!
Kirill Fedoseev from Gnosis Chain will speak at ETHCC on July 20th at 12:10 PM GMT+2 on the Monge stage.
Kirill will also talk at the Cross-Chain Meetup on July 19th in Paris; https://lu.ma/cross-chain-paris
For more updates about ETHCC visit the Gnosis Chain twitter account.
📡 Project Updates
Gnosis Chain is live on Frontier
Symmetric V2 w/ farms on Gnosis Chain
Symmetric is launching v2 farms on Celo and v2 in full on Gnosis! Incentives and rewards will transition from v1 to v2 in the coming weeks. LPs need only withdraw liquidity from v1 and add back to v2.
Details here 👉 https://medium.com/@Symmetric.Finance/symmetric-v2-is-here-299ae127ae51
Hello Wise Owls🦉 - Did you know that anyone can post a GIP on the Gnosis Forum? Join our Discord and we'll show you how. For a full overview, be sure to head over to the forum. Let’s go!
⚡️Live On Snapshot⚡️
GIP-55: Should GnosisDAO fund Dark Forest DAO for Arena game mode on Gnosis Optimism?
Dark Forest DAO (dfdao) is a team of developers and players that have been building on top of Dark Forest, an open-source, web3 game.
This proposal is to request payment of $159,000 from GnosisDAO for Phase 2 of our work, due to the xDAI / Gnosis merger.
Voting concludes on Jul 20, 2022, 1:55 PM
GIP-58: Karpatkey DAO Service Extension
This proposal focuses on the Gnosis Chain and treasury development, seeking to reduce risk exposure, develop anti-liquidation bots to increase capital efficiency, update our security protocol, run security audits, further improve our reporting, execute and manage a sustainable rewards plan for new and existing protocols in the Gnosis Chain, and scout attractive new ones to make them part of the GC.
Voting concludes on Jul 20, 2022, 11:30 AM
⚡️Recently Passed On Snapshot⚡️
GIP-57: Should Gnosis DAO support research of a zkSNARK-enabled light client and bridge?
The current Gnosis bridge is a based on a multi-sig design. However, multi-sig bridges have known weaknesses, particularly their reliance on a relatively centralized set of operators--see the recent Ronin bridge and Harmony bridge hacks, in which hundreds of millions of dollars of funds were stolen by attackers who gained access to multi-sig keys. SNARK-enabled bridges--sometimes called "trustless" bridges--potentially have better security properties. The OxPARC community proposes to build prototypes of essential infrastructure for a potential SNARK-enabled bridge for Gnosis to Eth2 bridging.
Voting concluded on July 12, 2022 with 99.89% of voters supporting the GIP with 206K GNO.
GIP-59: Should GnosisDAO fund Circles UBI R&D work?
CirclesUBI is a basic income system for communities built on the GnosisChain. It was coined first by Martin Koeppelmann during the early days of Ethereum, merging ancient traditions of mutual credit with the idea of Unconditional Basic Income (UBI) into a system of personal currencies.
This proposal would fund the Circles Coop and the Bitsposessed developer collective to support the CirclesUBI team’s R&D costs for one and a half years and expand operations at a total of USD - $3.571 Million.
🏘 DAO of the Week: Trusted Seed
Trusted Seed is a trust-gated community and legal member of a Swiss entity that provides legal strategies for innovators and entrepreneurs in the web3 public goods space to have access to labor and capital. Members receive POAPs for voting permissions within general assemblies.
Scholarships are available for membership, which is $450/yr. Anyone with a Trust token, on Gnosis Chain, is considered trustworthy, and membership is reserved for value-aligned humans who care about advancing the mission of web3 public goods.
Members can pay their dues at Giveth and anyone interested can apply for membership through Commons Stack.
🙏 Thank you
We appreciate our community for your support and steadfastness in times of calm and in times of turbulence! Come say hi in the Gnosis Chain Discord. Join us for the next GnosisDAO Community Call on the 11th of August at 5PM CET, GnosisDAO Twitter Spaces account.
See you on-chain,
Gnosis Chain Team