Welcome to your weekly dose of DAO news! In this newsletter, we'll cover the most important changes, proposals, and developments within the DAO ecosystem. Stay up-to-DAO with the latest trends and innovations as we delve into the dynamic world of decentralized governance.

DAO News 📰

🔫 Ubisoft and Arbitrum to Launch Web3 Shooter ‘Captain Laserhawk’ on Dec. 18

Ubisoft, in partnership with the Arbitrum Foundation, is set to release Captain Laserhawk: The G.A.M.E., a Web3-enabled top-down shooter, on Dec. 18. Drawing from Ubisoft’s rich gaming universe, the title integrates popular characters from franchises like Rayman, Assassin’s Creed, and Splinter Cell. Launching on the Ethereum layer-2 Arbitrum network, the game features an NFT mint via Magic Eden starting Dec. 11, providing governance rights and exclusive collectibles.

Source: cointelegraph.com

🌍 ADGM Partners with Polygon Labs to Establish Global Token Disclosure Standards

Abu Dhabi Global Market (ADGM) has teamed up with Polygon Labs to create an international token disclosure process, aimed at enhancing the regulatory landscape for Web3 and blockchain technologies. This collaboration builds on ADGM's 2023 Distributed Ledger Technology (DLT) Foundations Regulations, which support the operation of DAOs and blockchain foundations. The partnership aims to elevate transparency and regulatory clarity, reinforcing Abu Dhabi's position as a global leader in blockchain innovation.

Source: crypto.news

🛠️ DeXe DAO Approves Strategic Proposal for Protocol Evolution

DeXe DAO has approved a comprehensive proposal to accelerate the protocol’s growth. The roadmap includes scaling to Ethereum, integrating with GraFun, and exploring emerging trends like AI, memecoins, and DeSci. Focused on innovation, transparency, and strategic expansion, the plan positions DeXe for its next transformative chapter.

Source: DeXe Medium

🐹 Hamster Kombat Introduces DAO to Empower HMSTR Token Holders

Hamster Kombat has launched its DAO, granting $HMSTR token holders voting power over key project decisions. This marks a significant update for the community following past controversies, such as the unpopular airdrop with lock-in periods. The DAO aims to increase transparency and rebuild trust, allowing holders to shape the project's future direction.

Source: cryptotimes.io

💰 Jupiter DAO Approves $860M JUP Airdrop Plan for User Rewards

The Jupiter DAO has greenlit an $860 million JUP token incentive plan, set to distribute rewards annually through the “Jupuary” initiative. Focused on recognizing genuine user activity, the program introduces safeguards to block short-term airdrop farmers, ensuring tokens benefit engaged community members. Led by founder “Meow,” the revised plan emphasizes rewarding long-term contributors while fostering ecosystem participation. A snapshot of eligible users was taken in November, with a link for participants to verify their status set to be released later this month.

Source: coinspeaker.com

🎮 Treasure Launches Ethereum Gaming Chain with ZKsync

Treasure, the blockchain gaming ecosystem, has launched a new Ethereum layer-2 network via ZKsync, shifting away from its prior reliance on Arbitrum. This tailor-made gaming chain introduces features like gasless transactions, native account abstraction, and infrastructure designed for game economies. Co-founder Karel Vuong cited the need for gaming-specific tools and culture as key to the move. The transition aims to lower costs, speed up operations, and improve Treasure's ecosystem with innovations like social logins and AI integration.

Source: decrypt.co

Weekly DAO Changes 📊

New DAOs State

Over the past week, a total of 80 new DAOs were created, reflecting a 0.05% addition ratio in the ecosystem. The majority were created through Snapshot (59) and Aragon (21).

Top 3 Biggest Gainers and Losers

This week, MEOW DAO leads the gainers with an impressive $61,315,654.73 increase, representing a 79.00% rise in treasury value, driven by a 76.9% surge in $MEOW token value. Paladin follows with a $2,404,671.48 increase, marking a 147.00% growth, supported by a remarkable 214.9% increase in $PAL token value. Hillhouse Capital also posts notable gains, with a $1,129,492.30 increase, translating to a 217.00% rise in treasury value, attributed to significant inflows of funds.

On the losing side, inSure DeFi sees a steep decline of $206,241,259.20, marking an 89.00% drop in treasury value, primarily due to a 17.7% decrease in $SURE token value. SafeDAO also faces a significant decrease of $51,199,387.06, a 25.00% drop, driven by a 23.2% decline in $SAFE token value. Lastly, Idle DAO experiences a $745,669.75 decrease, equating to a 30.00% drop in treasury value, following a 33.1% fall in $IDLE token value.

Governance Activity

The past 7 days, a total of 1847 new members joined the DAO ecosystem, representing a minor 0.01% increase in total DAO voters. Additionally, 331 new proposals were submitted, marking a <0.01% increase in overall proposal activity.

Proposal Participation Highlights

DEFI DAOs

• Stargate DAO: "Stargate Deployment on Conflux" - 10,621 voters.

• Stargate DAO: "ETH Pool on Manta Pacific" - 2,675 voters.

• World Liberty Finance: "Proposal To Launch Aave V3 Instance On Ethereum Mainnet" - 1,330 voters.

NFT DAOs

• The Sandbox DAO: "SIP-17: New Horror Game, Deep Sea Episode 2" - 76 voters.

• The Sandbox DAO: "SIP-16: Insert in-game Inventory Filter for Equipment" - 62 voters.

• ENS DAO: "2025 Ecosystem Working Group Steward Election, Term 6" - 47 voters.

Noteworthy Active Proposals 💡

🔄 Synapse DAO Proposes $3.5M $SYN Buyback Over 3 Months

Synapse DAO is voting on a proposal to execute a $3.5 million $SYN buyback over three months, aiming to strengthen its economic foundation ahead of new staking mechanisms. If passed, the initiative will consolidate assets from across supported chains to purchase $SYN via platforms like DefiLlamaswap and Cowswap. The proposal emphasizes transparency, committing to regular updates and on-chain receipts shared with the community through governance channels.

Voting ends on December 13, 2024

Full Proposal: Proposal To Launch Aave V3 Instance On Ethereum Mainnet

🌊 "Deep Sea Episode 2" Development for The Sandbox DAO

A new SandBox DAO proposal seeks €80,000 in funding to develop Deep Sea Episode 2, the next chapter in a survival horror saga on The Sandbox. The game introduces features like raycast combat, cold management, and resource crafting, leveraging Game Maker 0.10 advancements. Scheduled for an April 25 release, the project also includes NFT integrations for gameplay enhancements and community engagement. The proposal outlines a 3-month development timeline, with potential DAO revenue-sharing from NFT sales.

Voting ends on December 25, 2024.

Full Proposal: SIP-17: New Horror Game, Deep Sea Episode 2

🏛️ Establishment of Treasury Oversight Committee for SafeDAO

A proposal has been introduced to create a Treasury Management Steering Committee for SafeDAO, tasked with overseeing treasury strategy, asset allocation, and accountability. This three-member committee would develop goals, propose diversification strategies, and manage the selection of treasury managers through an RFP process. Initial members include representatives from Safe Ecosystem Foundation, Greenfield Capital, and R3gen Finance. The initiative aims to ensure long-term financial sustainability and transparent governance, with an initial strategy expected by February 2025.

Voting ends on December 23, 2024.

Full Proposal: [SEP 50] Establishing a DAO Oversight Committee to bring Strategy, Process & Accountability to Treasury Management to the SafeDAO

🦍 Podcastization of ApeCoin Ecosystem’s X Spaces

AIP-539 proposes converting ApeCoin ecosystem's X Spaces recordings into podcasts to boost accessibility and engagement. The plan involves producing 200 episodes, editing and hosting them on platforms like Spotify and ApeChain, with metadata stored on ApeChain and audio on IPFS. The initiative aims to benefit the ecosystem by providing easily consumable content for community updates, AIP pitches, and onboarding. The proposal requests $80,000.18 for production costs, emphasizing the value of podcasts as an effective communication tool.

Voting ends on December 19, 2024.

Full Proposal: AIP-539: Podcastization of ApeCoin Ecosystem’s X Spaces (Resubmission)

🐒 Floki DAO Considering $300,000 Investment in MONKY Token

Floki DAO is evaluating a proposal to invest $300,000 from its treasury in the Wise Monkey (MONKY) token, based on a $20 million valuation. This move aims to diversify the DAO's holdings and deepen its partnership with Wise Monkey, which has allocated tokens to Floki holders as part of a broader collaboration. While the investment could yield significant returns, similar to past treasury allocations, it also carries high risk due to the speculative nature of memecoins and market unpredictability.

Voting ends on December 12, 2024.

Full Proposal: PROPOSAL: Invest $300,000 from the Floki Treasury in the Wise Monkey (MONKY) token

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⚠️ Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered as financial advice. Readers are encouraged to conduct their own research before making any investment decisions.