Possible LP Reduction | BanklessDAO Weekly Rollup

Catch Up With What Happened This Week in BanklessDAO


Dear Bankless Nation 🏴,

As usual, we are excited to bring you the latest updates from our community.

This week’s community call revolved around the recent snapshot proposals, particularly focusing on the multisig longevity proposal. This discussion showcased our commitment to transparent and inclusive decision-making, reinforcing our drive to a more sustainable future.

The multisig proposal which is still live for voting suggests a strategic shift in our asset allocation, which will move some of the possible high-risk BANK tokens to the more stable ETH. This adjustment is aimed at achieving two key objectives which are to provide a longer runway for the multisig and the DAO, and reduce the overall risk associated with holding the BANK token.

Together, we continue to push boundaries, embracing challenges and seizing opportunities, propelling our DAO towards a purposeful decentralized future. Let's dive into this week's highlights, and in case you missed anything, catch up now!

Wishing you a wonderful weekend and a Happy International Father's Day!

Contributors: Ritaakubue, Ifeoluwakiitan, **Tonytad, Paulito, Boluwatife, Kornekt, WinVerse


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📤 Delegate your ZK tokens to DAOplomats.

🏃‍♀️ Catch up: Listen to this week's Community Call recording.