The sCoop - Contributor Newsletter - 2022.02.21 Monday

Fresh Owlpha, curated daily. This is @HOWweDAO . (previous issue)

Coming out of ETHDenver, we held our Weekly Standup with updates from each of our 5 Nests.

Tomorrow, 2 discussions on Discord: F.Nest will talk tokenomics in Money Talks at 16:00 and then come chat with C.Nest at Tea Time at 20:00 UTC.

Announcements:

Meta-Governance:

  • [COMPOUND-85] Risk Parameter Updates for UNI, LINK, MKR, AAVE, YFI, and SUSHI

Finance | Community:

Owls in ETHDenver

Weekly Stand Up (36 attendees) slides

Kicking off with some core KPIs from @anthonyb.eth: AUM was down last week by 8.3%, totaling $189m. N$F were up to $1.4m last week which is an inflow of 0.7% of AUM. Revenue was $65k last week ($3.38m annualized), down 8.4% week over week. Check out the Core KPIs Dashboard.

Community Nest @bradwmorris

Community Nest is thinking about Coordinape and compensation a lot these days, readjusting after impact is evaluated. The Discord evolution is ongoing , with contributors joining it slowly but surely. They also want to build something similar to Tribe DAO, a Community Health dashboard, and this is underway already.

Calendars have been migrated to the new “(new) IC ]|Contributor Cal.” Everyone with an Index Coop email address has automatically been added; if you do not have an IC email, every archived event on the old calendar has the public subscribe link for the new cal in the description to add it to your calendar app. You can unsubscribe to the old calendar, “(old) IC - Contributor Cal.”

Finance Nest @Matthew_Graham

The February Contributor Rewards process is targeting emission date of Friday. Pending Airdrop vote, @Finance.Nest will distribute these emissions along with Contributor Rewards. Financial Reports were completed last week, and Accountability Pod is working closely with the Council to finalize Nest Budgets for Season 1. After they are finalized, Finance will work with @Pepperoni_Joe to determined intended distribution and associated spend.

Also, application for attaining a loan is ongoing. The DSM tracking started on Feb 10 and will run until the end of Feb. Finance Nest is also happy to announce that application for taking out a loan is ongoing.

Governance Nest @lavi

Current priorities include creating 2 IIPs: one to update signers for MGC Multi-sig from 3of5 to 3of7 and one to move Aave vote delegation from Multi-sig to EOA permanently. Launched on Thursday, GovComms has created a content calendar and product dashboard, with 3 articles in the pipeline. MGC election is live on Snapshot and will be followed tomorrow by IIP-134: IC Retrospective Airdrop. Shoutout to @oneski22 for putting together IIP-133: Change MetaGovernance Committee’s Aave Address. And check out @mel.eth’s recent podcast with I Pledge Allegiance.

Growth Nest @Metfanmike

Season 1 Proposal was posted last week on the forum; it was was the focus of Growth Nest’s community last week, with a recording available here. Shoutout to the team in ETHDenver representing IC on “Building a Giant Decentralized Asset Manager” @LemonadeAlpha @anthonyb.eth @Pepperoni_Joe @mel.eth @MrMadila. Updates from Pods: From Content, a Newsletter is being sent on a weekly basis. From BD, DPI AAVE V2 LM rewards passed. And from UX & Analytics, the Blog is ready to launch this week thanks to @teddy .

Product Nest @DocHabanero

Product and Growth are working together to coordinate a strategy, with broader market research efforts underway for the next wave of products including DAO Treasury surveys. The Product Public call will now happen monthly. An updated Roadmap and Technical Roadmap will be coming this week, with the full Product Roadmap here. The next products to launch, BTC FLIs (2x and Inverse) on Polygon are targeting for the first week of March. JPG and PAY do not have confirmed launch dates yet.

From Engineering Pod, they’re working on @JPG, #LAYER1, and @PAY before their launches. 0x Exchange Issuance smart contract was deployed and the new app.indexcoop.com is about 2 weeks away from launch. And recently, they held an arb bot seminar with @ncitron (recording available).

OOO: @ElliottWatts Feb 26-Mar 5, @JosephKnecht Feb 19-25, @Pepperoni_Joe Feb 14-25, @Cavalier_Eth reduced availability in second half of Feb, @allan.g Feb 23-27, @kindeagle Mar 2-6, @LemonadeAlpha Feb 28-Mar 4

Tuesday Meetings: (UTC/1-hr, UON)
1600 - Money Talks F.Nest AMA :moneybag:
2000 - Community Nest Tea Time

Daily DAOwlpha: My biggest take away from ETHDenver is that this community is young , hungry, and ready to change the world. My second biggest take away is that conventions are the perfect place for beginners to learn… - @ohhshiny_

Hoot!

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