🎅🏻 Happy holidays everyone 🎅 and 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 📰

⚙️ Aave Considers Chainlink Integration to Capture MEV Profits for Users

Aave is exploring the integration of Chainlink’s Smart Value Recapture (SVR) oracle to redirect up to 40% of MEV profits from liquidations back to its DAO and users. This move aims to address inefficiencies where MEV profits disproportionately benefit block builders rather than the protocol’s users. Chainlink’s SVR leverages MEV-Share auctions to optimize liquidation processes, potentially boosting Aave’s ecosystem while addressing broader concerns around harmful MEVs on Ethereum.

Source: cointelegraph.com

🪂 MindDAO Airdrops 10% of $MIND Token Supply to Early Supporters and Partners

MindDAO has launched a 10% airdrop of its $MIND token supply, recognizing early contributors and partner communities like HairDAO, BiohackerDAO, and VitaDAO. The $MIND token, central to MindDAO’s ecosystem, rewards users for mood and mental health data contributions, supports decentralized governance, and facilitates access to aggregated insights. The airdrop has been live since December 24.

Source: minddao.gitbook.io

🔥 Bonk DAO Burns 1.69 Trillion BONK Tokens in Record-Breaking “BURNmas” Event

Bonk DAO has burned 1.69 trillion BONK tokens, valued at $52 million, as part of its “BURNmas” initiative aimed at optimizing tokenomics and driving long-term value. Initially set to burn 1 trillion tokens by December 25, the event expanded following community approval, marking a major milestone for the Solana-based meme coin.

Source: crypto-news-flash.com

🐹 Hamster Kombat DAO Approves $1M Bounty Proposal and Considers Layer-2 Blockchain

Hamster Kombat DAO has approved its first proposal to launch a $1 million bounty pool for token-holder events, with the team preparing an execution strategy in the coming weeks. Discussions are now underway about the potential development of a Layer-2 Hamster blockchain, aimed at improving scalability and transaction speeds for the $HMSTR token. Additionally, the project’s upcoming Season 2 Beta release is set to include a $3,000 prize pool as part of its broader ecosystem development efforts.

Source: cryptotimes.io

✅ Floki DAO Approves Liquidity Provisioning for Europe-Based ETP

Floki DAO has approved a proposal to allocate 16 billion FLOKI tokens ($2.8 million) as liquidity for an upcoming exchange-traded product (ETP) in Europe. The ETP, developed with an unnamed asset manager, is set to launch on the SIX Swiss Exchange in early Q1 2025. This move positions Floki alongside Dogecoin as one of the few memecoins with institutional investment products in Europe, further expanding its market reach.

Source: cointelegraph.com / Floki Proposal

Weekly DAO Changes 📊

New DAOs State

Over the past week, a total of 45 new DAOs were created, reflecting a 0.05% addition ratio in the ecosystem. The majority were created through Aragon (29), Snapshot (13) and xDAO (3).

Governance Activity

The past 7 days, a total of 430 new members joined the DAO ecosystem, representing a minor 0.01% increase in total DAO voters. Additionally, 236 new proposals were submitted, marking a <0.01% increase in overall proposal activity.

Proposal Participation Highlights

DEFI DAOs

• Stargate: "Stargate Deployment on Hedera" - 9,109 voters.

• Gitcoin: "Engage Avantgarde for Strategic Asset Management of the Matching Pool" - 615 voters.

• Equilibria Finance: "[Epoch #81] Weekly Pendle Gauge Vote" - 554 voters.

NFT DAOs

• Bio.xyz: "BIOPSY-15: Making BIO Liquid" - 380 voters.

• ApeCoin DAO: "AIP-572: Podcastization of ApeCoin Spaces on APECHAIN! (Resubmission)" - 374 voters.

• Decentraland DAO: "Introducing "Islands" – Expanding Decentraland through Staking Mechanisms" - 30 voters.

Noteworthy Active Proposals 💡

🔄 Relaunch Land Buyback Program in Decentraland

A new Decentraland DAO proposal suggests restarting Decentraland’s Land Buyback Program to boost engagement and revive the floor price of LAND NFTs. With the NFT market seeing renewed activity, proponents argue that a higher LAND floor price could boost project perception and attract interest. The initiative would leverage unused funds to acquire undervalued LAND, addressing market stagnation while fostering community engagement.

Voting ends on December 29, 2024.

Full Proposal: Restarting Land Buyback 2.0

🗳️ Aave Considering v3 Deployment on Mantle Network

Aave DAO is considering deploying its v3 protocol on Mantle Network, an Ethereum Layer 2 rollup with a $570M TVL and close integration with Bybit’s 30M users. The deployment would leverage Mantle's modular architecture, data availability solutions, and ongoing incentive programs to broaden Aave's user base and DeFi accessibility. If the community supports this Temp Check, it will progress to Snapshot for further action.

Voting ends on December 28, 2024.

Full Proposal: [TEMP CHECK] Deploy Aave v3 on Mantle

🎙️ Sandbox DAO Proposal Seeks Funding for 15 High-Quality SANDDAO Podcast Episodes

A new proposal suggests producing 15 professionally enhanced episodes of the SANDDAO Podcast to strengthen community engagement within The Sandbox DAO. The plan includes improved audio and video quality, hiring additional team members, and expanding distribution to platforms like TikTok and YouTube Shorts. Despite its goals, the council has expressed concerns about cost efficiency and performance metrics, comparing it unfavorably to existing DAO-supported podcasts.

Voting ends on January 08, 2025.

Full Proposal: SIP-18: Finance 15 Episodes of The SANDDAO Podcast

🎮 LOKA Holders to Vote on Arena-Z Migration

The LOKA DAO is voting on AIP-001, which proposes transforming LOKA into $A2Z to power Arena-Z, a new Layer 2 blockchain and gaming ecosystem. Backed by a16z and Sequoia, the plan includes token redenomination, migration to Ethereum L1 and Arena-Z, and expanded utility for staking, NFTs, and B2B services. The proposal aims to broaden LOKA's role beyond League of Kingdoms into a multi-game Web3 platform, with proportional ownership maintained for current holders.

Voting ends on January 03, 2025.

Full Proposal: AIP-001: LOKA to power the new web3 gaming ecosystem (Arena-Z)

🦍 Bringing ApeCoin Utility to Life with 3D Printing for Community IPs

AIP-514 proposes creating 3D models for BAYC, MAYC, KODA, and Mocaverse holders, featuring the "Powered by ApeCoin" logo. Models can be displayed, sold at booths, or kept by owners, with profits returned to holders. Transactions will exclusively use ApeCoin, reinforcing its utility. The $248,000 proposal includes funding for machines, materials, modeling fees, and display booths, aiming to boost brand exposure and create tangible benefits for the ApeCoin community.

Voting ends on January 02, 2025.

Full Proposal: AIP-514: 3D Printing and Reward for APE

Stay ahead of the game

Stay up-to-date with the most exciting updates, insights and DAO statistics as well as earn platform points (👀) by subscribing to the "The Weekly DAO" Newsletter!

🔗Useful Links

• Website: https://daobase.ai/

• Twitter: https://twitter.com/daobase_ai

• Telegram: https://t.me/daobase_ai

• Discord: https://discord.com/invite/N6f25tPs9W

• Warpcast: https://warpcast.com/daobase

• Medium: https://medium.com/@daobase_ai

⚠️ 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.