Trying something today - this is a draft , but if feedback is positive I’ll keep doing it in a more appropriate forum (substack? open to suggestions) . . . daily content for contributors, M-T-W-Th, everything you might have missed . . . owls may sleep during the day, but this DAO never does. If you’re N/S America based I’d like to have these out every evening - you can read this with your morning coffee if you’re elsewhere.
The sCoop (<---- Meh about this title - please suggest a new one)
This Thursday was quite busy at The Coop - with two WG meetings (Creative & Design, Growth), a one-off meeting about liquidity management, and another great Conversation with the Coop . . . total meetings time: 5 hours (4 hours planned: 1 of ‘overage’) . . . let’s dig in:
Creative & Design Working Group (12 attendees)
slides / minutes (<— coming: working on a decent format and not doxing anyone given that google uses real names)
Creative meets bi-weekly for 45 minutes, so there’s a lot covered; @DevOnDeFi could run a masterclass on how to effectively chair a meeting and I would pay real money to attend. The proposal to update the website has received 100% support in the forum and they are excited to make it all a reality (there’s a good tracker in the slide deck).
BED launch was great for social media engagement, and now that CDWG has access to The Coop’s twitter account a lot of focus is on how to best keep the pipeline of content flowing (feel free to drop into the #design channel if you have ideas). @Static121 has been working on media banner templates and @caf has mocked up templates for consistent branding across reporting (financial and/or otherwise - again worth looking at the slide deck if you’re interested).
There has been great progress on the ‘3D Cooper’ project:
If you too are feeling creative I believe there will be a need to name this mascot soon; @mestigoit suggested Starship Cooper . . . personally I can’t wait to see this owl all over the metaverse . . .
Current challenges are coordination and communication, and there’s a good amount of discussion happening about how to best interface with other WGs and initiatives. The general idea is that having a designer assigned upstream may improve efficiency and help design inform the process rather than just bolting on cool stuff toward the end.
And not sure who to thank, but the new discord button for The Coop looks great!
Conversations with the Coop
@Crypto_Texan hosted Farmwell from Thales today (“Think censorship-resistant, peer-to-peer binary options trading on Ethereum.” -CT). I was unable to attend this as it conflicted with CDWG, however audio will be available here and here shortly.
Liquidity Management Community Call (16 attendees)
Any points that @overanalyser gets docked for letting a one-hour meeting hit the 1:43 mark were quickly earned right back by getting a forum post up within an hour of that meeting ending. A LOT was discussed and the tone was quite muted compared to most liquidity debates. I won’t steal too much of OA’s thunder given that the post summarizes this well, but the key takeaway - the plan is to reduce LM rewards by 60% in August and a FURTHER 50% in September. This doesn’t take into account any liquidity needs of future launches.
Growth Working Group (20 attendees)
The TB;DA (too busy; didn’t attend?) is that growth on DPI has been steady, while growth on MVI has been tremendous - with the majority now being unincentivized. Key takeaways:
- Educate people at institutions and they will drive institutional adoption
- The Website Tech vertical is leveraging contenful to continue on the mission of creating the best marketing stack in DeFi
- @MrMadila discussed the challenges around attribution given that legacy tracking isn’t available like it is on fb or google
- @LemonadeAlpha expressed GWG’s commitment to supporting the efforts of the Institutional Business Working Group (IBWG - still getting used to that rolling off of the tongue)
All in all, very productive day. Tomorrow (DeFriday!) has no meetings with DeFriday with IndexCoop now on twitter spaces at 1pm EDT (take note as this is a switch from the 5pm time on clubhouse)! I’ve joined a few of these, and let me tell you, there’s no better way to get super bullish ahead of the weekend.
On Monday we have the Weekly Stand-up and Product meetings . . . and don’t forget to get your rewards sheet in before the deadline: August 2nd (Monday). Stragglers will have their INDEX rewards teleported to the following month’s distribution free of charge.
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