Paladin Contributor Call 8
Primer: Paladin has just completed their LBP fund-raising event. In this contributor call, Alejandro provides a recap of the LBP and updates the community about revamps to their contributor framework and their upcoming DAO working groups. Read all the way to the end for a surprise!
Transferability Of PAL Tokens
Activated transferability to PAL tokens
Recap On The LBP
Had a liquidity bootstrapping event to raise funds for the DAO
Sold over 420k worth of tokens out of 1 million in total
3 million PAL token in circulation now
Key Contributor Framework Update
Currently redesigning their contributor framework
Creating a roadmap for how someone could go from a new member to an expert
Taking inspiration from Index Coop’s working groups
Will be released mid April
Liquidity Mining Adjustments
Unsold PAL tokens (600k) will be going into the community treasury for protocol owned liquidity
Integration AMAs
Will be having an AMA with Babylon Finance on 13 April at 12 noon
Will be discussing how the Babylon Garden works in the stkAAVE stacking yield strategy
CRE8R DAO is helping them to create content for the next 2 weeks. If the community wants to see something highlighted, they could bring it up
A community member suggested that CRE8R DAO could create targeted materials for individuals with a large amount of idle AAVE, UNI, etc.
Have been speaking with different protocols regarding integrations
Working Groups
Have 3 working groups:
Creative guild/Marketing guild — the focus is on content
Business Development/Executive integrations
Treasury management — will consist of 3 individuals, with one of them being Figue. It will be private but there will be channels open for people to speak with them
Will put the working groups up in a proposal for voting
Treasury Management And The Multisig
💡 A community member enquired whether will the treasury working group/multisig have access to the entire DAO treasury or hold only X amount of funds
The proposal is currently being drafted and it will be brought to a vote soon
The internal team has been discussing about it
This is a good time for people to provide feedback on the Discourse forum
Job Applicants
They have 1000 applicants for 3 of their positions
The team has been looking through the applications
Do They Plan On Using A Project Management Tool Like ClickUp?
Knows that other protocols are using Notion
Community members can write down the ideas and the team will look into it
Adjustment For Bounties
Bounty prices will be adjusted lower as the PAL token price has increased
Anyone with ideas for a bounty could create one on their app
Updates To Their App
The LBP claim page is up and people can now claim their PAL tokens
Added a new metric called total APR (tAPR) for Paladin lending
Paladin Swag
Paladin Swag (t-shirts, stickers, tote bags) are available for those in Miami
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