BitDAO Announcements
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πŸŽ™ LIVE NOW: BitDAO x PleasrDAO Join Forces

Join in to learn about DAO-to-DAO investments and the latest partnership with PleasrDAO. 🀝

πŸŽ™οΈ Jamis Johnson (Chief Pleasing Officer at PleasrDAO)
πŸŽ™οΈ JuanPaDulanto (Chief Operation Officer at PleasrDAO)
πŸŽ™οΈ Alec Taggart (Partner at Windranger Labs)


Join here: https://twitter.com/i/spaces/1LyxBoNvBOYKN?s=20
BIP-12: Update $BIT Purchase Program

This proposal is a parameter update to BIP-9: $BIT Purchase Program.

βœ… Adjust the TDPA from $0.7M to $1.5M USDT/day, starting July 1, 2022
βœ… Fund the purchasing with assets from the BitDAO Treasury

Read more: https://snapshot.org/#/bitdao.eth/proposal/0xa1cc8e7254fd7a28c5e740070960baf2cf5dd3fb06744ef6746e60a5e6f3853d
New Soft Proposal: BitDAO L1 Infrastructure

A soft proposal has been made by Ben Zhou, Co-Founder and CEO of Bybit, aimed at exploring BitDAO as an infrastructure / layer 1 opportunity.

> Read the full proposal here <

Preferences
- EVM equivalent
- Uses $BIT as native token

Optimized for
- High throughput EVM dApps such as derivatives Dexs, and gaming; and/or
- DAO operations, participation, and tokenomics; and/or
- Bridging

What’s Next
- Invitation to the community for participation of ideas, and contributors who want to join the research and development effort
- R&D entity to be funded by BitDAO in the future
- Open to working with existing projects

How to Get Involved
- Discuss here
- Reach out via email: infra@bitdao.io

Join the discussion on this proposal:

Discourse: https://discourse.bitdao.io/t/discussion-bitdao-l1-infrastructure/2508
Discord: https://bit.ly/3x93pni
$BIT Purchase Updates:

βœ… According to BIP-9, $21m worth of $BIT has been purchased in June 2022.

βœ… According to BIP-12, $6m worth of $BIT has been purchased from July 1 to July 4, 2022.

Click here to read the full purchase updates.

Updates of the purchase program will be posted on the BitDAO Medium on a weekly basis.

Follow BitDAO Medium here: https://medium.com/@BitDAO_Official
$BIT Purchase Updates

βœ…According to BIP-12, $9,000,000 worth of $BIT has been purchased from July 5, 2022 to July 10, 2022.

Updates of the $BIT purchase program will be posted on the BitDAO Medium on a weekly basis.


Click here to read the latest purchase update.

Follow BitDAO Medium here: https://medium.com/@BitDAO_Official
BIP-14: Updated Parameters and Initiatives

This proposal is inspired by community feedback regarding: 1) the pathway for decentralization of $BIT holdings & reduction of total supply; and 2) a focus on building & user adoption.

Read more: https://snapshot.org/#/bitdao.eth/proposal/0x85bb77b350aefb39c5625fa5b2d907f411b4cc02211351c717bd51ce67baa48a
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BIP-15: Deposit to a "Greedy" $BIT Vault

This proposal will enable the BitDAO treasury and all other $BIT holders to earn yield while creating deeper $BIT liquidity on Uniswap V3.

Read more: https://snapshot.org/#/bitdao.eth/proposal/0xfd69ce71186ed20b9b500e9dd607fd584fa13fefa4ef76c3cb8671f6a4414eaf
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On November 8th, Bybit CEO, Ben Zhou, visited the BitDAO CN community on Telegram and invited Windranger Labs partners to participate in a Q&A session in Mandarin.

Read a summary in English here: πŸ‘‡

https://medium.com/@windrangerlabs/bitdao-community-q-a-with-bybit-ceo-ben-zhou-dad84941cf52
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In our mission to support builders and decentralized ecosystems, BitDAO is proud to unveil Mantle, a high performance modular Ethereum L2 network that will drive the future of web3 innovation and further scale the Ethereum ecosystem.

https://twitter.com/0xMantle/status/1597939402915086336
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NOTICE:

BitDAO forum maintenance will take place today (December 23, 2022).

Please reach out on Telegram with any questions.
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