Welcome to Prime Times, Prime’s newsletter covering the latest developments in and around PrimeDAO and the larger DAO and ReFi ecosystems!
In this edition:
Prime Launch deployment on Celo;
Prime governance updates;
Celo 2.0;
ReFi Gazette.
1. Prime Launch deployment on Celo
After teaming up with Celo in April of 2022 Prime Launch is now live on the network, allowing projects to have a web3 on-chain token sale without writing a single line of code! Kolektivo successfully hosted the first ReFi Prime Launch on Celo in Dec. 2022, raising more than 100k cUSD.
Prime is proud to be part of a mission-driven blockchain, working to create the conditions of prosperity for all, and aims to onboard the next wave of DAOs working towards regenerating the environment and building a future of financial inclusion.
2. Prime governance updates
Prime governance is evolving! Prime Development Proposal (PDP) #13 proposes replacing the current REP reputation token voting with a D2D voting strategy to improve stakeholder coordination. D2D, as well as its LP and staked token holders, can now all participate in Prime's governance, bringing partners into the decision-making process.
PDP #14 proposes developing and implementing Prime Badges using Otterspace. This includes establishing a guild on Guild.xyz to manage access control, streamline stakeholder management, and organize network communication.
They both have now been passed! Check the proposals here:
3. Celo 2.0
The Celo ecosystem was launched in 2020 and has since been delivering its vision of reimagining money for the greater good. Celo Mainnet is a carbon-negative EVM-compatible blockchain that enables easy-to-use payments directly to mobile numbers, stable-value transfers, and the circulation of community currencies, promoting the growth of the ReFi ecosystem.
Now, the next chapter of Celo's story is about to begin. cLabs, the leading contributor to the Celo technology stack, aims to make Celo the best platform to launch and scale any Web3 project that furthers the regenerative economy. Check out the proposed strategies in the article:
4. ReFi Gazette
Remember the ReFi Gazette? Prime’s primer covering the developments in and around Regenerative Finance. It has now become a part of Prime Times!
Here are some exciting news from the ReFi ecosystem that we would like to share with you:
Silvi
Silvi has published its first article, about its tree stewardship platform and how it aims to empower local communities to take collective action in reforestation.
Silvi uses dMRV technology to reward tree stewardship and create opportunities for farmers to become stewards of hyperlocal reforestation. The three pillars of Silvi's vision include coordinating global reforestation efforts, using ecosystem intelligence, and building long-term community buy-in.
CarbonPath
CarbonPath is now live on Celo and its CPCO2 token has started to be sold.
CarbonPath is fighting climate change by shutting down old oil and gas wells, permanently trapping millions of tonnes of carbon dioxide (CO2) and methane (CH4) in the ground where it belongs. The CPCO2 is used to to incentivize the well shut-down, where 1 token equals 1 tonne of carbon trapped. Businesses as well as individuals can buy, sell and retire tokens, permanently locking the carbon in the ground.
Climate Collective
Digital Gaia and Solid World have now been welcomed as members to the Climate Collective:
Prezenti
Prezenti has announces its third cohort of grants with 5 projects. Check them out here:
Gitcoin
Gitcoin is launching the Gitcoin Grants Stack.
The new product suite enables any community to create, manage and grow a grants program. It allows users to run a community-driven grants round, apply for funding, vote on fund allocation, distribute those funds to projects, and enable fund transparency
Get Primed!
We’ve never been more confident that DAO2DAO interactions will drive the future of crypto networks. It has never been a more exciting point to get involved in Prime and reshape DAO coordination.
If you are committed to enabling DAO 2 DAO innovation and are interested in collaborating with or getting involved in Prime, jump into our Discord now, and let’s get connected!
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