An overview of the expected changes coming for September.
In our opinion, infrastructure needs to be built before branding & IP can grow.
Our focus for the coming months is refining core architecture that will be used
for future years.
Here’s an overview of the future comms between the core team and community:
Fortnightly newsletters/updates
Monthly Reviews/Retros
These will be more extensive documents that cover a broad base of things. Timelines, future expectations, KPIs, important launch dates - basically a list of everything we’ve done, why we’ve done them, and what we want to do in the future.
Each problem/change will start with a problem statement, an overview of our changes and a timeline.
For future newsletters, we’ll also re-cap on products we’ve worked on in the prior months, but for this one, we’ll skip it for obvious reasons.
Timeline
Problem
Solution
Converting 1/3 of all income earned into stables, done monthly.
All income will be converted at the start of each month. As for September, we’ll convert 40,000 USD worth of ETH to USDC within 48 hours of this being posted.
Timeline
Problem
Solution
We will build a platform to handle applications effectively, allowing projects to approach us directly in a streamlined manner.
This will include an application form, where submitted project applications will be available in a forum for council members to discuss.
We will look to expand this forum to all DAO members in the future.
This is the first step at expanding ETHlizard’s value add as a DAO and is an essential infrastructure for when we look at stepping into incubating projects (a lot of additional upsides here).
Timeline
James & Kmao is already on this, planning/designing right now.
Beta version within 6-8 weeks.
Problem
Solution
Timeline
Problem
Solution
We are currently in the progress of securing two large-scale 50K+ allocations with Kieran this week.
Timeline
Problem
Solution
We are working with Aelin to set up custom pools for lizards and investments.
Timeline
Problem
Solution
We would like to optimise the current council system. Currently, the investment council is tasked with too many items; instead, they should focus purely on investments. This, of course, would have to be discussed and voted on before any work is done. However, we want to highlight we are looking to optimise the current governance architecture with Kieran's assistance.
We are exploring the creation of a second council, referred to as the governance council. This council would handle matters outside of investments. Current investment council members will be retained.
We are not adding additional members to the investment council or changing anything. Instead, we are just adding a council for DAO governance.
Council changes will be discussed with the community, and a LIP will be passed before finalising anything. Additional documentation will be released before the LIP regarding clarified task allocation, control & other essential details.
Timeline
Problem
Solution
Full branding + marketing review with Sohan.
Interviewing and looking into additional hires: Potential part-time UI/UX to lead branding efforts.
Timeline
Problem
Solution
Reviewing potential architecture with Kieran for staking
Researching other structures and blockers such as legalities, technical difficulties, and high user costs.
Timeline
Problem
Solution
Hoodies are a must.
Reaching out to potential partnerships regarding real-world attire, drafting designs for said products, and researching costs.
Timeline
Public GitHub will be posted < within a week so the team can help look at code with us; any help is welcome.
I understand there was discussion regarding staking/lizcoin/etc. in the chat, but after a further internal review, I (Kmao) realised it is not adequately fleshed out. Instead, we will release a document detailing it soon and have a lot of discussion regarding it. We hear your concerns and would not like to make drastic changes without heavy input from the community and advisors.
We thank you for the overwhelming support on LIP-10. We appreciate the previous team's willingness to help make this a smooth transition, and we now have everything in place to complete our mission and Kieran's original vision. We are excited to show you hyper progress and eventually start moving away from relying on Kieran to develop ideas. As you can see, I am an eager & passionate guy who has a bunch myself and with Kieran's guidance believe we can start implementing them, leading to new revenue streams & partnerships, increased exposure and the ability to tap into the vast network that the lizards have already set up.
My team is fully committed to delivering. Please make no mistake; we will work night and day to get the lizards where they belong and keep you all informed along the way. Transparency is critical in a DAO, something we believe wholeheartedly, and Kieran has been adamant about it since mentoring us.
Thanks once again,
Kmao