First Newsletter - The Halftime Show
Freeze! We are excited to start our newsletter series and keep you updated on everything that's going on at CryoDAO. Even though the year is halfway over, the ice caps are still early. Over the past month, as a community dedicated to the advancement of science and longevity, we have made strides, grown as a community, and made crucial decisions to chart a new direction.
The $CRYO token is now live on Base.
The soaring gas fees on Ethereum have been a persistent challenge, impacting the cost-efficiency of transactions and accessibility for users. $CRYO’s expansion to the Base chain was a strategic response aimed at providing a more cost-effective approach. The proposal, which recently garnered approval through a Snapshot vote, outlines a comprehensive plan to allocate substantial liquidity and incentives to support the transition.
Central to this initiative is the allocation of $100,000 in CRYO and ETH liquidity. This substantial allocation is designed to ensure robust liquidity on the Base chain, fostering a stable and efficient trading environment for users. Additionally, we have committed $50,000 in CRYO as liquidity bootstrapping incentives for Aerodrome, a leading DeFi platform on Base. These incentives will be distributed over six months, encouraging active participation and liquidity provision within the ecosystem.
Our decision to prioritize a launch on the Base chain is a forward-thinking move that addresses current challenges and leverages emerging opportunities. By strategically allocating liquidity, forming key partnerships, and focusing on community engagement, CryoDAO is well-positioned to navigate the evolving DeSci landscape.
Click here for more information;
CryoDAO Launches Fast Grants Fellowship Initiative
The CryoDAO Fast Grants Fellowship aims to empower individuals with need-based grants to become more deeply involved in cryonics and cryopreservation. These grants will support activities such as research, education, conference attendance, and joining relevant programs or fellowships. CryoDAO proposes allocating $10,000 USDC to fund the inaugural CryoDAO Fast Grants Fellowship program, providing micro-grants between $100 - $3,000 to support individuals in their pursuit of cryonics and cryopreservation research, education, and community engagement.
By funding this inaugural batch of CryoDAO Fast Grants Fellows, we aim to foster a vibrant community of individuals dedicated to the growth and development of the cryonics and cryopreservation fields, much like the VitaDAO Longevity Fellowship has done for the longevity community.
With this program we'll also be covering the costs for a few individuals to attend the upcoming Global Cryonics Summit on July 20-21 - make sure to apply if you're interested!
CryoDAO and the DeSci Ecosystem
In preparation for the Biogenesis event coming up in July, we have been able to secure community approval to provide more liquidity. We have moved up to 5% of the supply of CRYO (221,134 CRYO) from our treasury to a single-sided Uniswap v3 pool to improve liquidity for this event. Post-auction, we will replenish our CRYO in the treasury by minting new CRYO equal to the amount locked in the bio.xyz treasury after the Genesis Event and adding it back to the treasury.
The Bio protocol aims to provide liquidity for the DeSci ecosystem. In order to be able to partake in this exercise, you would need to hold $Cryo as non-BioDAO tokens will be ineligible.
In other news, we were listed in the recently updated DeSci roadmap published by ResearchHub.
We’ve been Chilling around the World.
This year, CryoDAO attended Desci Berlin, a conference of insightful talks by scientists, technologists, blockchain experts, and key players in the biotech industry. Here is a snippet of Emil Kendziorra, a core member of CryoDAO, sharing how the science behind DAOs is handled.
On July 7th, CryoDAO will be at the DeSCi x Brussels event alongside many other DeSci DAOs such as VitaDAO, AthenaDAO, BIO, and GenomeDAO. Come learn about current issues with centralized science, how DeSci can fix them, and explore exciting DeSci projects. Request to join here.
Join CryoDAO for the Global Cryonics Summit held on July 20th & 21st! Find more information here. A few individuals will be able to get their costs to attend covered through our fast grants!
Recent Governance Decisions
In the continuous effort to advance the DAO, five successful proposals were passed with three getting unanimous votes. Find the proposals below;
CRYO-11: Aerodrome incentives for CryoDAO x Base Chain Launch; This proposal suggested prioritizing the launch of CRYO on Coinbase's Layer2 - Passed with a 100% positive vote
CRYO-12: Strategic Plan 2024-2025 passed with a 98.99% positive vote.
CRYO-14: CryoDAO Fast Grants Fellowship Proposal; aimed at empowering individuals with need-based grants to become more deeply involved in cryonics and cryopreservation. - 100% positive vote.
CRYO-15: CRYO Allocation for BIO Genesis Event; was proposed to enable a better experience and slippage reduction for users wanting to participate in the BIO Genesis with larger amounts. - Opposed by only 5.31% votes.
CRYO-16: Funding Cryopreservation Projects with Molecule Catalyst; focused on sourcing and funding high-impact, small-ticket cryopreservation research. - Passed with a 100% positive vote.
CRYO-18: CryoDAO <> Molecule Partnership, is live on Snapshot for voting with CRYO!
Find more details regarding the proposals here
Take a peek into our newly designed Cryo Merch!
Join the Conversation
Your input is invaluable to the success of CryoDAO. Join our community discussions on Discord and follow us on Twitter for real-time updates.
Stay Connected
For any questions or more information, feel free to reach out to us at Inquiry@CryoDAO.org.
Thank you for being a part of CryoDAO. Together, we’re preserving our future.