🏅DAO activities and milestones

The journey of DappRadar DAO has been marked by significant milestones and dynamic activities that have shaped its growth and expansion within the decentralized ecosystem. These initiatives reflect our commitment to innovation, community engagement, and the continuous evolution of our platform. Here's an overview of some key milestones and activities from past periods:

• Launch of RADAR and PRO: Introduction of the RADAR token and the PRO subscription model, marking a pivotal moment in enhancing platform utility and offering exclusive features to users.

• Staking contracts for APR: Implementation of staking contracts enabling RADAR token holders to earn annual percentage yields (APR), fostering a more engaged and invested community.

• First Contribute2Earn campaign with Layer3: Initiation of the Contribute2Earn program in collaboration with Layer3, rewarding community members for their contributions with tangible incentives.

• Pioneering LayerZero cross-chain staking: DappRadar was the first platform to innovate with LayerZero technology, enabling synchronized cross-chain staking. This groundbreaking integration has significantly broadened the accessibility and flexibility for RADAR token holders across various blockchains, marking a milestone in cross-chain communication and staking solutions.

• Building of protocol-owned liquidity with ApeBond (formerly ApeSwap): Collaboration with ApeBond to develop protocol-owned liquidity, enhancing the financial stability and sustainability of the DAO.

• RADAR unlock postponing: Decision to postpone the unlocking of RADAR tokens, demonstrating responsiveness to market conditions and community feedback.

• PRO 2.0: Launch of PRO 2.0, an upgraded version of the subscription service, incorporating additional features and benefits for users.

• Product engagement through Boosting: These boosting mechanisms play a crucial role in elevating user engagement, granting RADAR holders the power to spotlight their favorite dapps. Central to the RADAR ecosystem, this feature not only empowers users to directly shape platform content but also highlights the active involvement of PRO members in the community.

• Boosting Metrics:

  • Unique dapps boosted: 474

  • Wallets participating: 1,881

• Ambassador Program rollout: The establishment of the Ambassador Program marks a strategic effort to broaden the DAO's global footprint and deepen community ties. Ambassadors play a crucial role in growing the DAO community by creating content and listing dapps, directly impacting the DappRadar ecosystem. The future of the Ambassador program aims to enhance awareness, outreach, and data growth, further influencing the DappRadar ecosystem. Utilizing gamification and a contribute-to-earn model, the program's next phases are poised for even greater impact. Ambassador Season 1 Metrics:

  • Engagement metrics on X:

  • Posts: 155

  • Impressions: 65,296

  • Likes: 1,869

  • Retweets: 404

  • Number of spaces hosted: 3

  Dapp engagement:

  • Dapps Listed by Ambassadors: 145

  • Dapps Contacted by Ambassadors: 30

• Multichain exploit resolution: In response to the security exploit, a specific proposal was put forward to tackle the issue surrounding the likely inaccessible 96.55M RADAR tokens, which were part of RADAR's multichain expansion to the BNB Chain via the Multichain bridge and affected by the bridging service disruption. This proposal sought to allocate replacement tokens from the DAO treasury, establish a robust contingency plan, and adopt Connext’s xERC20 standard to ensure a seamless and secure resumption of bridging operations, reinforcing our dedication to maintaining a secure and efficient multichain ecosystem.

• Connext bridge: The implementation of the Connext Bridge not only enhances cross-chain interoperability but also facilitates smoother asset transfers for users. This step further introduces xERC-20, a superior token standard tailored for a multichain world, setting a new benchmark in the seamless integration of blockchain ecosystems.

• Metagovernance manifesto: Publication of the Metagovernance Manifesto, outlining the DAO's governance principles and commitment to decentralized decision-making.

• Engagement expansion via Quests: Quests strategically enhance ecosystem engagement, rewarding users with tokens and driving dapp discovery. Integral to this strategy is the introduction of PRO Exclusive Quests, emphasizing the importance of DAO community involvement in governance and token distribution. These initiatives not only foster platform loyalty but also serve as a conduit for educating users on DAO participation, underlining the DAO's role in amplifying discovery and engagement through this product. Quests highlights:

  • Created: 45

  • Completed: 34

  • Participants: 109,768

• Supporting zkSync to decentralize their distribution with the Ecosystem pages: Supporting zkSync's efforts to decentralize their token distribution through the integration of Ecosystem Pages, underscoring our support for broader ecosystem growth.

These milestones and activities are just a glimpse into the extensive efforts undertaken by the DappRadar DAO to drive forward the decentralized application space. For a comprehensive view of our achievements and ongoing projects, we encourage our community members to visit the DappRadar DAO forum or blog, where detailed discussions and updates are regularly shared.