XDAO Monthly Report #14: July 2023

Far-fetched Updates in the XDAO Ecosystem

XDAO
XDAO Blog

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Development

In the first week of July, XDAO officially joined DeBank to allow our community experience the future of decentralized finance.

In the end of the month, XDAO was invited at the PrimeVote event by Huobi, where with your help $XDAO can get listed on the Huobi Exchange. The voting will last till August 11, so don’t miss out to participate.

XDAO events

Last month we had lots of proposals executed, It makes us realize that you are interested in deciding the fate of XDAO with us:

  • The Symbiosis vs EYWA proposal reached its conclusion, and the collective decision of our community was to bridge $XDAO to both Symbiosis and EYWA, opting for a third choice that combines the strengths of both projects.
  • The proposal about adding liquidity to $XDAO pair on PancakeSwap was executed, and we added liquidity to the $XDAO | USDT pair.
  • The proposal about deploying XDAO on Neon EVM was accepted and 97.84% voted for this initiative. By integrating XDAO with Neon, XDAO will leverage Solana’s network benefits and provide XDAO users with a seamless experience on Solana’s scalable ecosystem.
  • The proposal to the community for the deployment of XDAO on Mantle Network was approved as 100% of the participants voted YES! The benefits of Mantle’s modular architecture and innovative data availability solution now provide XDAO users and developers with enhanced scalability and accessibility.
  • Last but not least, we had a successful proposal to integrate with the ZetaChain testnet and on Mainnet’s release of ZetaChain. By deploying XDAO on ZetaChain, both platforms will benefit from enhanced functionality, increased interoperability, and expanded opportunities for DeFi applications.

As for some fascinating stats, in just one week after the successful deployment on Base, over 1000 DAOs were created on XDAO.

Community events

First of all, the Optimism DAO contest was a blast! It received 162 user applications, and the creators of the best DAOs received $XDAO tokens.

Moreover, we’ve launched the XDAO\DEXDAO event on Guild and Galxe, where you can complete super easy steps to claim a unique OAT with which you will receive a unique role through our Guild. Please join till August 16.

Furthermore, we had 2 AMAs in X with DeFi_Tycoon and Ola Crrypt, allowing our community and all crypto natives to learn more about XDAO current development and future plans.

July was also full of memes from our users, and, by the way, you have a great sense of humor! We held a meme battle, after which we decided to launch the round 2! Participate right now and unleash your creativity!

Finally, we launched lots of new weekly contests in our Telegram and Discord communities, and we encourage you to follow us there not to miss new upcoming challenges.

ABOUT XDAO NEWSLETTER 🤠

The official newsletter of XDAO contains news, information about community activities, reports, and much more. It aims to give newcomers and interested parties a clear and precise summary of XDAO’s current status, recent engagements, and plans.

The newsletter will be a quick read that everyone can glance through to get the essential details on what we’re working on. If you want to be part of a fun and close-knit community on XDAO, join any of our social communities and take part in meaningful conversations.

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