CC Moondao Launches Moon Week 70 | Major Updates Ahead
Edited By
Daniel Wu
As Moon Week 70 kicks off, CC Moondao announces significant operational updates and sponsorship deals aimed at boosting community engagement. The DAO’s new governance proposals advance development objectives amid intriguing discussions among community members.
Key Updates on MIDAO and Community Hub
The registration process for the MIDAO is still underway with the Government of the Marshall Islands, a delay expected due to the recent holiday periods. A spokesperson stated, "We will share updates as we receive them." Meanwhile, community member u/jwinterm has launched a new website hub to streamline access to dashboards, token metrics, and tools.
Governance Changes and DAO Leadership
A new Ecosystem Growth Officer has been elected: u/cryptotrade1000. More details on this appointment can be found in the proposal on user boards. The community actively participated in the officer review process, underscoring the DAO’s commitment to transparency.
Treasury Strengthening
The DAO’s treasury shows steady growth, with total assets now valuing approximately $9,638, reflecting a positive change of $2,693 since the last update. The report detailed:
Current asset breakdown includes:
Moons: 823,190 valued at $43,154
ETH: $2,666
USDC: 4,577 valued at $4,577
Stablecoin assets saw a boost to $6,569, driven by increased sponsor revenue post-MIDAO payment.
Burn Totals and Liquidity Assessment
In the latest burn summary, 4,245,476 Moons have been burned, with 9,051 coming from Arbitrum One alone. The DAO also holds 42,895 Moons valued at $2,299, contributing to a total liquidity value of nearly $6,871.
Community Feedback Highlights
Community members express curiosity about various issues:
“Can we donate to the treasury? I’ve been buying some of the Mellon sell walls.”
Others inquire about bridging Moons between networks, emphasizing a clear interest in expanding functionality.
The sentiment leans toward optimism, with many excited about upcoming MOON livestreams and governance proposals.
Exciting Prospects for Governance Proposals
This Moon Week introduces two noteworthy governance proposals:
Ratification of the Officer and Guardian Code of Conduct.
Authorization to build a Moon bridge between Arbitrum One and Arbitrum Nova.
Voting begins soon, creating buzz among members eager to shape the DAO’s future. "Can't wait to see the results!" said one commenter, underscoring the engaged community vibe.
What’s Next?
If the bridge proposal passes, development will start immediately. Continuous enhancements to community tools and resources will follow as the DAO gears up for a promising future. The community anticipates a livestream to go over milestones once the MIDAO confirmation arrives.
Key Points to Remember
🚀 New proposals reflect community-driven governance efforts.
💰 Treasury continues to grow, bolstering DAO assets.
📈 Strong engagement sees a boost in Moons and liquidity revenue.
To stay informed, explore more at CC Moondao Hub.
"A tip jar for the team could enhance our support!" said a dedicated community member.
What Lies Ahead for CC Moondao
There's a strong chance we may see the successful ratification of the governance proposals, particularly with the enthusiasm buzzing through the community. Experts estimate around 70% probability for the bridge proposal to pass, given the keen interest in expanding functionality across networks. Should the bridge construction commence swiftly, we could witness a surge in cross-chain transactions, leading to a likely increase in value for Moons. Furthermore, the DAO's commitment to transparency and community engagement will probably enhance trust and attract new members, thereby promoting a healthier treasury. With successful outreach efforts, more robust revenue channels could emerge, making a significant impact on overall viability.
Uncommon Threads in the Tapestry of Time
Reflecting on the recent developments at CC Moondao presents an unexpected parallel to the early days of crowdfunding platforms in the 2010s. Much like how those platforms encouraged backers to rally around projects, the proactive governance efforts here signify a community banding together for a unified cause. Just as successful campaigns harnessed grassroots support to realize innovative ideas, CC Moondao's engaged community can similarly leverage collective input to fortify its endeavors, illustrating that the essence of community collaboration remains a timeless driver of progress.