Your DAOctor Will See You Now | Bankless Publishing Recap
Your DAOctor Will See You Now | Bankless Publishing RecapTop-shelf Educational Web3 Content Shipped Directly to Your InboxDear Bankless Readers 🏴 In this twice-per-month epistle (we’re still arguing at BP whether that’s bi-monthly, bi-weekly, fortnightly, or all three 🤣😂), we’re aiming to provide you with a short summary of our recent articles, including reads on what a healthy DAO treasury looks like; how to expedite L2 offramps for DAI on Arbitrum and Optimism; how DAOs are like playgrounds for growth and development; what makes Discord so web3 sticky; and why algorithmic stablecoins like Iron Finance and Terra Luna were doomed to fail. At Bankless Publishing, our goal is to increase education and awareness of key crypto concepts and emerging trends. Read a snippet below, and when something piques your interest, go check out the whole article. This recap is a convenient way to access all of our recent articles, but if you prefer to read Bankless Publishing while it’s sizzling hot off the press, follow us on Twitter or come and join us in Discord. Contributors: Frank America, Kornekt, Trewkat, oxdog.eth, Puretayo, HiroKennelly Bankless Publishing is driven by a mission to ennoble its writers and showcase their content to a broad audience of crypto-interested readers. We also work with crypto’s leading protocols to help them get their message out to our audience. Whether you’re a writer or protocol team, we’re interested in talking with you. This is an official newsletter of BanklessDAO. To unsubscribe, edit your settings. ✍️ Article SummariesAnalyzing DAO TreasuriesAuthor: Jake and Stake Has your DAO gone through its mandatory health checkup? Jake and Stake explores several different DAO treasuries, e.g. ENS, Lido, Maker, and assesses the factors that lead to a healthy, sustainable book of assets. Some of these aspects include asset diversification, amount of stablecoins, and strategic partnerships exemplified through token swaps.
Learn more about DAO treasury health. Teleport From Layer 2 With Maker’s DAIAuthor: Florian Strauf | Editor: Frank America From thirty minutes to an hour (Zero Knowledge Proofs) to up to one week (Optimistic rollups), users have to be patient to get their assets from a Layer 2 scaling solution back to mainnet. This is a good thing, as it is a form of security, but it can also have drawbacks in terms of usability. MakerDAO has introduced Fast Withdrawals, which enables secure DAI withdrawals from Arbitrum and Optimism back to mainnet, with the assurances that you can access your DAI quickly and securely.
Learn more about how Teleport moves your assets from Layer 2 to mainnet. DAOs Are Playgrounds for Growth and DevelopmentAuthor: siddhearta DAOs are a relatively new form of social coordination, and therein lies real possibility for innovation and growth. In this article, siddhearta discusses DAOs as a playground for learning and growth, where elements like ‘role-playing’ and ‘adventure quests’ create gamification and excitement to coordinate talent.
There are all sorts of games that can be played in DAOs: positive externalities, positive-sum games, regenerative games. Learn more about how we as DAO contributors can take all the positive elements from Web2 learning structures and apply them to the web3 ecosystem. Programmed To FailAuthor: Psalm_Ogbonna | Editors: nonsensetwice & Queen Psalm walks us through the definition and use cases. In short, algorithmic stablecoins:
Psalm points out a problem with many types of algorithmic stablecoins, including Iron Finance and Terra Luna, which is that the collateral used to back the stablecoin is just too volatile. When demand is low, it can be difficult if not impossible to maintain the burn/mint ratio that preserves the value of the stablecoin.
Learn more about algorithmic stablecoins. The Three Pillars of DiscordAuthors: Daryl, Lanz, and Roy | Editors: Trewkat and Kornekt Communities are the key to flourishing in web3, and they are based on relationship, identity, and incentives. In this essay, the authors look at how these pillars are being fostered within Discord. Although a web2 company, Discord facilitates web3 growth, and has over 150 million active monthly users. This article explores the inner workings of Discord, from channels and bots to moderation and security.
Learn more about how Discord has became the OS of web3. ✅ Action Items🐦 Follow: Make sure to engage with Bankless Publishing on Twitter! 🤝 Join: Come hang with us in the Bankless Publishing Telegram group. ✍️ Submit: Send your article to Bankless Publishing for evaluation. 💪🏽 Work: We’re looking for experienced editors - give the content and copy edit tests a go and reach out to us! 📚 Share: Please send this Recap to your friends. 🧵 Tweet ThreadsWith the latest Events in crypto, no one can say with a straight face we are not in a bear market.
In the coming threads, we will share wisdom from the 2018 bear market to help you through this one.
This is 𝐏𝐚𝐫𝐭 𝟏 𝐨𝐟 𝐋𝐞𝐬𝐬𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐁𝐞𝐚𝐫🐻🧵(0/11) If StableCoins are Money Legos, what keeps them stuck together?
In this thread, you will discover 3 types of stablecoins, their use cases, and if you can trust they can hold their peg. 🧵👇(0/13) The Bear Market is the best time to join a DAO!
If you are not a member of one, it's time to find your DAO.
Here 4 simple steps to join one!🧵👇(0/8) Virtual land has experienced tremendous growth in the number of virtual landowners and total value.
What is the metaverse anyway, and how to make money in it?🧵(0/14) If you’d like to sponsor our newsletter and get your brand placed on our website, review our deck, reach out to us on Twitter, or email us at BanklessPublishing@gmail.com Subject: Sponsor. |
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