NEW TELEGRAM LINK FOR KORRA: https://t.me/KorraFinance_Portal
To ensure focused and constructive discussions, conversations about Revault will continue in the Revault Telegram group. We encourage you to bring your insights and feedback about Korra to our new Telegram group, where we'll foster meaningful dialogue and collaboration on a shared vision of making DeFi accessible to everyone.
The Discord link remains the same as the server is fully migrating to become a Korra platform.
To ensure focused and constructive discussions, conversations about Revault will continue in the Revault Telegram group. We encourage you to bring your insights and feedback about Korra to our new Telegram group, where we'll foster meaningful dialogue and collaboration on a shared vision of making DeFi accessible to everyone.
The Discord link remains the same as the server is fully migrating to become a Korra platform.
Telegram
Korra Finance - Entry Portal
Verify to gain access to your AI-Assisted DeFi Aggregation and Portfolio Management Platform
Going by popular vote, tomorrow's DAO meeting will happen at 21.15h UTC.
Please attend to discuss the council succession of Romsty after his departure, moving forward to Korra, collecting (and potentially answering) questions left unanswered in recent discussions and the general strategy going forward.
DAO Meeting
TUESDAY, FEB 13
21.15h UTC
Please attend to discuss the council succession of Romsty after his departure, moving forward to Korra, collecting (and potentially answering) questions left unanswered in recent discussions and the general strategy going forward.
DAO Meeting
TUESDAY, FEB 13
21.15h UTC
The first DAO proposal is live. Please confirm or reject the new council!
https://snapshot.org/#/revault.eth/proposal/0xc7fe276e5c334a3a3204623e8a7ad26a03bcd653431c903dadaff97eb932708a
https://snapshot.org/#/revault.eth/proposal/0xc7fe276e5c334a3a3204623e8a7ad26a03bcd653431c903dadaff97eb932708a
Community Update Feb 2024
Dear Community,
Happy Friday! We hope this update finds you well. We'd like to share some exciting developments and initiatives that will shape the future of Korra. After some constructive discussions with DAO members, including community figures like @Boioink and @RealCryptoVirgin , we have been made aware of some ways of improving our transition strategy and communication. We have listened, and are committed to a more transparent working process ultimately empowering the DAO to actively shape the future of Korra.
Community Empowerment Initiative:
We have created an initiative aimed at unifying and empowering the community as well as recognising past, present and future contributors. We have created a substantial reward pool of 250,000 REVA tokens which will be distributed between the community. Please take 2 minutes to review the following Medium Article which details the initiative - https://medium.com/quantum-economics/shaping-the-future-of-korra-together-unveiling-the-korra-community-empowerment-initiative-b3315d07c764
Telegram Poll:
We value the input of the DAO on a matter that has been a point of discussion—our Telegram groups. We're considering whether to maintain separate Korra and Revault Telegram groups or consolidate them into one. We initially created a separate Korra TG to focus discussions on Korra, but after internal deliberation, we believe Discord offers a more structured environment for this type of community engagement. We therefore may not need the separate Korra TG, so we invite you to participate in a quick poll to help us decide the best course of action.
Discord Overhaul:
We're excited to welcome @jxshh and @veyirl to the community. They will be instrumental in enhancing our social media presence and community management. Our immediate focus is on overhauling the Discord platform to make it more appealing, organised, and conducive to structured discussions. This move aims to bring the community closer, facilitating better communication and collaboration.
Development Highlights:
On the development front, we've engaged with Pixpower to create a comprehensive branding pack, logo, and a new pitch deck for investors, along with the design of the upcoming website. While these efforts are ongoing, we look forward to sharing the final products with you soon.
The development of the new mobile app prototype is underway, and is centred around creating a seamless user experience. We are implementing a hassle-free registration process, allowing users to sign up effortlessly through Google or Apple accounts. Additionally, the integration of an auto-generated 3rd party, non-custodial MPC wallet through web3auth (https://web3auth.io/) to simplify some of the complexities for newcomers to DeFi.
We have also started working on wireframes for a visual user journey through the app, ensuring a seamless experience from registration to making the first investment.
In terms of funding, we're making significant progress with strong interest and commitments from angel investors. Confident in our ability to close the Seed round shortly, this allows us to channel more resources into the development of the prototype.
Team Expansion:
It is with great excitement that I welcome the AdvisorX team on board. Murad Khan and Nick Perzichilli will take lead in Marketing and Investment Strategy, assisting us in attracting capital investment as well as building a world class go-to-market strategy. Murad (https://www.linkedin.com/in/muradmichaelkhan/) is an attorney by trade but brings a wealth of knowledge from his experiences as a legal advisor for the US Government, chief strategist at PetLab Co and senior partner at NeptuneX Capital. He was also named one of the top 20 entrepreneurs of 2023 by the Tech Times. Not to be outdone, Nick (https://www.linkedin.com/in/nickperzichilli/) is an advisor for Ethereum and Forbes Business Council and was named as a Top 10 Entrepreneur by USA Today in 2023.
Dear Community,
Happy Friday! We hope this update finds you well. We'd like to share some exciting developments and initiatives that will shape the future of Korra. After some constructive discussions with DAO members, including community figures like @Boioink and @RealCryptoVirgin , we have been made aware of some ways of improving our transition strategy and communication. We have listened, and are committed to a more transparent working process ultimately empowering the DAO to actively shape the future of Korra.
Community Empowerment Initiative:
We have created an initiative aimed at unifying and empowering the community as well as recognising past, present and future contributors. We have created a substantial reward pool of 250,000 REVA tokens which will be distributed between the community. Please take 2 minutes to review the following Medium Article which details the initiative - https://medium.com/quantum-economics/shaping-the-future-of-korra-together-unveiling-the-korra-community-empowerment-initiative-b3315d07c764
Telegram Poll:
We value the input of the DAO on a matter that has been a point of discussion—our Telegram groups. We're considering whether to maintain separate Korra and Revault Telegram groups or consolidate them into one. We initially created a separate Korra TG to focus discussions on Korra, but after internal deliberation, we believe Discord offers a more structured environment for this type of community engagement. We therefore may not need the separate Korra TG, so we invite you to participate in a quick poll to help us decide the best course of action.
Discord Overhaul:
We're excited to welcome @jxshh and @veyirl to the community. They will be instrumental in enhancing our social media presence and community management. Our immediate focus is on overhauling the Discord platform to make it more appealing, organised, and conducive to structured discussions. This move aims to bring the community closer, facilitating better communication and collaboration.
Development Highlights:
On the development front, we've engaged with Pixpower to create a comprehensive branding pack, logo, and a new pitch deck for investors, along with the design of the upcoming website. While these efforts are ongoing, we look forward to sharing the final products with you soon.
The development of the new mobile app prototype is underway, and is centred around creating a seamless user experience. We are implementing a hassle-free registration process, allowing users to sign up effortlessly through Google or Apple accounts. Additionally, the integration of an auto-generated 3rd party, non-custodial MPC wallet through web3auth (https://web3auth.io/) to simplify some of the complexities for newcomers to DeFi.
We have also started working on wireframes for a visual user journey through the app, ensuring a seamless experience from registration to making the first investment.
In terms of funding, we're making significant progress with strong interest and commitments from angel investors. Confident in our ability to close the Seed round shortly, this allows us to channel more resources into the development of the prototype.
Team Expansion:
It is with great excitement that I welcome the AdvisorX team on board. Murad Khan and Nick Perzichilli will take lead in Marketing and Investment Strategy, assisting us in attracting capital investment as well as building a world class go-to-market strategy. Murad (https://www.linkedin.com/in/muradmichaelkhan/) is an attorney by trade but brings a wealth of knowledge from his experiences as a legal advisor for the US Government, chief strategist at PetLab Co and senior partner at NeptuneX Capital. He was also named one of the top 20 entrepreneurs of 2023 by the Tech Times. Not to be outdone, Nick (https://www.linkedin.com/in/nickperzichilli/) is an advisor for Ethereum and Forbes Business Council and was named as a Top 10 Entrepreneur by USA Today in 2023.
This dynamic partnership not only augments our team but strengthens our foundation for success.
We appreciate your ongoing support and look forward to building the future of Korra together. Stay tuned for more updates, and feel free to share your thoughts and suggestions.
Best regards,
The Korra Team
We appreciate your ongoing support and look forward to building the future of Korra together. Stay tuned for more updates, and feel free to share your thoughts and suggestions.
Best regards,
The Korra Team
Two new DAO proposals are live.
1) seeks to match the 250k REVA offered as past rewards and future incentives with an equal amount from the treasury to bolster the reward pool and provide a more substantial amount of tokens.
https://snapshot.org/#/revault.eth/proposal/0x083155fafc9355b09f92924d980eb6669da4501f9c2ccf2b1861be777a17e3ba
2) determines how the pool is distributed between Revault rewards for past contributions and future DAO-determined incentives for help with Korra in its infancy. The team suggested a 20% past / 80% future split, the council suggests a 30/70 split instead. The third option "OTHER" proposes to revisit this discussion and going with a different split. Like the first proposal to determine the council, this proposal uses quadratic voting, meaning you can weigh your answers between the three options. Bigger token amounts will have diminishing returns.
https://snapshot.org/#/revault.eth/proposal/0xe957d8e618d22217989ef36ea0510efad4b161595a21709c4a746aaaf9a9b072
1) seeks to match the 250k REVA offered as past rewards and future incentives with an equal amount from the treasury to bolster the reward pool and provide a more substantial amount of tokens.
https://snapshot.org/#/revault.eth/proposal/0x083155fafc9355b09f92924d980eb6669da4501f9c2ccf2b1861be777a17e3ba
2) determines how the pool is distributed between Revault rewards for past contributions and future DAO-determined incentives for help with Korra in its infancy. The team suggested a 20% past / 80% future split, the council suggests a 30/70 split instead. The third option "OTHER" proposes to revisit this discussion and going with a different split. Like the first proposal to determine the council, this proposal uses quadratic voting, meaning you can weigh your answers between the three options. Bigger token amounts will have diminishing returns.
https://snapshot.org/#/revault.eth/proposal/0xe957d8e618d22217989ef36ea0510efad4b161595a21709c4a746aaaf9a9b072
👀 NEW PROPOSAL LIVE
https://snapshot.org/#/revault.eth/proposal/0xe29e3e4fe369e63d39341856807f232a903633ec948dff4d0b044bac99d926b5
(REPOST)
The DAO approved a 30% (past contributors) / 70% (future contributors) split of the 250,000 REVA reward pool (see #2 in the previous announcement https://t.me/revaultnews/159). A treasury match of these funds to up the total pool to 500,000 REVA is still being decided on (see #1 in the previous announcement)
It will now be determined how the 30% reward pool (meaning 75k or 150k REVA) is distributed among previous participants that otherwise will not be rewarded by the current conversion structure of REVA to KRA.
Please cast your weighted vote between these four parties in this new proposal. It will continue for 7 days. Every single voice counts and is important to achieve a representative result. The proposal features the council's suggestion, but discussions are highly encouraged. A dedicated thread in Discord was created for the best possible readability: https://discord.com/channels/849281468165652522/1215325946635231282
https://snapshot.org/#/revault.eth/proposal/0xe29e3e4fe369e63d39341856807f232a903633ec948dff4d0b044bac99d926b5
https://snapshot.org/#/revault.eth/proposal/0xe29e3e4fe369e63d39341856807f232a903633ec948dff4d0b044bac99d926b5
(REPOST)
The DAO approved a 30% (past contributors) / 70% (future contributors) split of the 250,000 REVA reward pool (see #2 in the previous announcement https://t.me/revaultnews/159). A treasury match of these funds to up the total pool to 500,000 REVA is still being decided on (see #1 in the previous announcement)
It will now be determined how the 30% reward pool (meaning 75k or 150k REVA) is distributed among previous participants that otherwise will not be rewarded by the current conversion structure of REVA to KRA.
Please cast your weighted vote between these four parties in this new proposal. It will continue for 7 days. Every single voice counts and is important to achieve a representative result. The proposal features the council's suggestion, but discussions are highly encouraged. A dedicated thread in Discord was created for the best possible readability: https://discord.com/channels/849281468165652522/1215325946635231282
https://snapshot.org/#/revault.eth/proposal/0xe29e3e4fe369e63d39341856807f232a903633ec948dff4d0b044bac99d926b5
⚠ LAST PROPOSAL regarding the reward pool is LIVE! ⚠️
https://snapshot.org/#/revault.eth/proposal/0x28b3d8b0ecfe2995eedaab77286db64e28d735a187f2efb62221d825b6289e5f
After reviewing the previous proposals regarding the 500,000 REVA reward pool for previous contributors and the DAO-voted distribution between four parties, the council has congegrated all results into a final distribution.
This suggested distribution can be CONFIRMed or REJECTed.
CONFIRM: Accepts the distribution suggested by the council.
REJECT: Declines the suggested distribution and reopens the discussion for one final revised distribution. If a consensus cannot be found then, the council recommends moving the 500,000 REVA to Korra completely and reserve the funds for future incentives.
Everyone with REVA can vote!
A dedicated thread in Discord was created for the best possible readability again, if you want to discuss the proposal:
https://discord.com/channels/849281468165652522/1227981824739770490/1227981826518417493
🟣 Vote here:
https://snapshot.org/#/revault.eth/proposal/0x28b3d8b0ecfe2995eedaab77286db64e28d735a187f2efb62221d825b6289e5f
https://snapshot.org/#/revault.eth/proposal/0x28b3d8b0ecfe2995eedaab77286db64e28d735a187f2efb62221d825b6289e5f
After reviewing the previous proposals regarding the 500,000 REVA reward pool for previous contributors and the DAO-voted distribution between four parties, the council has congegrated all results into a final distribution.
This suggested distribution can be CONFIRMed or REJECTed.
CONFIRM: Accepts the distribution suggested by the council.
REJECT: Declines the suggested distribution and reopens the discussion for one final revised distribution. If a consensus cannot be found then, the council recommends moving the 500,000 REVA to Korra completely and reserve the funds for future incentives.
Everyone with REVA can vote!
A dedicated thread in Discord was created for the best possible readability again, if you want to discuss the proposal:
https://discord.com/channels/849281468165652522/1227981824739770490/1227981826518417493
🟣 Vote here:
https://snapshot.org/#/revault.eth/proposal/0x28b3d8b0ecfe2995eedaab77286db64e28d735a187f2efb62221d825b6289e5f
Discord
Discord - A New Way to Chat with Friends & Communities
Discord is the easiest way to communicate over voice, video, and text. Chat, hang out, and stay close with your friends and communities.
🍹 COMMUNITY UPDATE AMA - SUMMER EDITION 🍹
🔹 AMA tomorrow on Thursday - Jun 06, 09.00h UTC 🔹
Grab your favorite mocktail and let's celebrate the start of (northern hemisphere) summer with an update on how Korra has progressed over the last few weeks, what the current state of development is and of course reveal the full website launch for everyone to see!
The AMA will be held on a Discord stage, but recorded and uploaded shortly after on both Telegram and Discord. All DAO members can watch and listen and ask questions in text after the AMA as well.
See you tomorrow!
👉👉 Thursday - Jun 06, 09.00h UTC
🔹 AMA tomorrow on Thursday - Jun 06, 09.00h UTC 🔹
Grab your favorite mocktail and let's celebrate the start of (northern hemisphere) summer with an update on how Korra has progressed over the last few weeks, what the current state of development is and of course reveal the full website launch for everyone to see!
The AMA will be held on a Discord stage, but recorded and uploaded shortly after on both Telegram and Discord. All DAO members can watch and listen and ask questions in text after the AMA as well.
See you tomorrow!
👉👉 Thursday - Jun 06, 09.00h UTC
Media is too big
VIEW IN TELEGRAM
The recording of today's AMA now available for your viewing pleasure.
Go see what the team has been brewing!
Go see what the team has been brewing!
Hey Everybody,
We've made significant progress and can't wait to share with you all. As well as to present the plan for the migration from Revault to Korra.
You don't want to miss our next AMA, which will be held in the Korra Discord server on: Tuesday July 16th at 10:30 AM UTC.
As always, let us know if you have any questions or comments until then.
Korra Core
We've made significant progress and can't wait to share with you all. As well as to present the plan for the migration from Revault to Korra.
You don't want to miss our next AMA, which will be held in the Korra Discord server on: Tuesday July 16th at 10:30 AM UTC.
As always, let us know if you have any questions or comments until then.
Korra Core
Reminder: Less than 30 minutes until the AMA! Join us at 12:30CET in Discord: https://discord.gg/korrafinance
Discord
Discord - Group Chat That’s All Fun & Games
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.
Token Migration Plan: Revault (REVA) to Korra (KRA) — User action required!!
https://medium.com/@maddyrich1/token-migration-plan-revault-reva-to-korra-kra-user-action-required-9611f9e7b34f
https://medium.com/@maddyrich1/token-migration-plan-revault-reva-to-korra-kra-user-action-required-9611f9e7b34f
Medium
Token Migration Plan: Revault (REVA) to Korra (KRA) — User action required!!
We are excited to announce the final stages of the transition of Revault to Korra Finance and the migration of the REVA token to the new…
New Proposal: Allocation of BNB Liquidity for Korra Application Development and Marketing
https://snapshot.org/#/revault.eth/proposal/0xfded9500ab99a0ff95f0eb0d9b7afa89a989ab6cb06deac5c828c516e9f73e1a
https://snapshot.org/#/revault.eth/proposal/0xfded9500ab99a0ff95f0eb0d9b7afa89a989ab6cb06deac5c828c516e9f73e1a
Revault Snapshot Balances and KRA token migration calculation
https://medium.com/@maddyrich1/revault-snapshot-balances-and-kra-token-migration-calculation-1d92c69de86b
https://medium.com/@maddyrich1/revault-snapshot-balances-and-kra-token-migration-calculation-1d92c69de86b
Medium
Revault Snapshot Balances and KRA token migration calculation
A snapshot of all wallets and REVA token holdings on both FTM and BSC was taken on August 1, 2024. This snapshot also recorded the…