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Community Call June 4, 2024

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Agenda

  • Foundation updates
    • Team growing
    • Q1 transparency report
    • Ecosystem news
    • Events updates
    • Upcoming brainstorming sessions
  • Proposal updates
    • Proposals on Forum
    • Proposals on Tally
    • Proposals in the works (pre-forum)
  • Community discussion

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Foundation team update

🎉 Welcome Amelia 🎉

X - amelia_guertin

Warpcast - amelia

LinkedIn - amelia guertin

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Ecosystem news

  • Revolut added RARI token in the app - available to 30M users 🎉
  • Dora explorer announced deployment on RARI Chain
  • Celestia DA is integrating on RARI Chain
  • Grants updates:
    • RRC-25 proposal about lock-up period needs your attention on forum 👀
    • Top player in NFT portfolio tracking will participate in Ecosystem Grants
    • Agreements and KYC is ongoing (dependant on RRC-25)

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NFC Lisbon Happy Hour 🇵🇹

  • RARI Chain x Rarible hosted an event on 28th of May
  • 70 guests (partners, creators and RARI frens)
  • Zerion, Crossmint, CivortArt, ANiMAtttiC, Interface, PizzaDAO, Gotbit, Flap, Liisa, Snapster, Bitget Wallet, Bitget Exchange

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ETH CC

  • Foundation team: Jana, Xenia S, Stephen
  • SheFi sponsorship
  • Delegate breakfast?

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Brainstorms

  • Devrel brainstorm
    • Objective: identify devrel content needs & group into 8-10 categories to brief in
    • Outcome HERE
  • RARI rewards brainstorm
    • Thurs at 12pm ET
    • Objective: review current design of RARI rewards, summarize learnings from April campaign, brainstorm path forward

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Proposals

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RRC 22 comments

Feedback

  • The proposal is supported for its potential to bolster Rari DAO's treasury and enhance sustainability, offering stability in prices and potential for income generation.�
  • Concerns raised include a preference for on-chain investments and potential contradiction to DeFi principles by investing off-chain.

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Community discussion

  • Questions, ideas, thoughts
  • Coffeecrusher
    • Transparency report Q: confirming the pie chart on slide 6 is general contractor fees/payroll to RF consultants?
      • A: Yes, everyone at the foundation is a consultant rather than a W2 employee.
    • Proposal fee switch Q: Clarifying the fee is for every transaction on the protocol? Is the fee in RARI or ETH?
      • A: Yes, this is taking the existing fee (mostly in ETH and some other tokens depending on the currency of the listing. There is no conversion on time of purchase) and redirecting to the DAO, not implementing a new fee, so the user won't feel a difference. Rarible will get 0.5% now and DAO gets their share.
      • Q: Where does the fee go?
        • A: Into the DAO treasury, not a specified line item or multisig, but this can be voted on later if the DAO wants to separate the fees from the main treasury.
  • Jengajojo
    • Transparency report Q: Can the Foundation share a Planned vs Realized budget with the community?
      • A: Start with reviewing the yearly budget proposal compared to Q1 transparency report
    • Feedback: The Foundation should post Transparency Report details on forum prior to community calls so the delegates can review and come prepared with questions on calls
      • A: Foundation will post the Transparency Report on forum and address questions in a future community call