The July 2022 Pumpening of RPL
2022-08-01
On July 31, 2022 RPL liquidity got tight and the price began to climb. Holders of this POAP were active in the Rocket Pool #Trading discord during the pump.
The night of May 11, 2022 was an exciting time for Rocket Pool minipool operators - it was the monthly Rocket Pool rewards distribution, while hanging out in Rocket Pool #Trading, we were watching a ~20% across the board market drop as the Luna stable coin lost its peg and melted down. Holders of this POAP were in the room or closely related to the event in Rocket Pool. POAP development by Superphiz, data collection by Jasper the Friendly Ghost, POAP design by kavishsethi#2327 through the POAPathon discord.
Tally Ho Community Call May 6th!
2022-05-11
Thank you for joining the Tally Ho Community Call on May 6th 2022! We had Rocketpool joining us, discussed product updates and went through the Flow of Funds forum post. If you haven't yet, be sure to check that out! https://gov.tally.cash/t/tally-ho-dao-flow-of-funds/789 Hope to see you next week, woof!
Terra Loses Its Peg
2022-05-11
On the day of May 9th, 2022, the cryptocurrency markets were heading south and the stable coin UST was in trouble. Algorithmic stable coins are supposed to be stable by tracking the price of fiat currencies, however, on this day UST's price went as low at .60 - 40% below the peg.
On May 3, 2022, in a Twitter Space hosted by Ken, a 5 week long famine ended with Langers serving a feast of bread. The loaves stacked high on platters right from the beginning as he summarized the Devconnect trip. DVT remains a loaf in the oven and MEV was hotly debated. The team participated in several panels. Just as the space went live Dave announced that the oDAO bootstrap was to be disabled this month. All mouths watered though as Ken prodded about the 10x node operator proposal Dave had put forward. The team was proposing a change to the EJECTION_BALANCE that will hopefully reduce the ETH requirement. trading was already feeling bread induced inebriation. In parallel, the Rocket Pool team are working on introducing a new Staking as a Service layer based on a node wallet smart contract. In theory, this may allow node operators to provide only RPL and stake ETH. The business applications were appreciated as the Node Operator Association was referenced in helping provide the proper dough recipe. Faced with copious carboloading, Langers pulled back the throttle as discussion shifted to governance. Snapshot is still being set up by Nick while multiple voting strategies are explored. While the pDAO matures, the oDAO will be looking to expand soon. As a parting loaf, Langers revealed that the team will be posting a job listing for two positions. A full time community manager and a part-time community evangelist. POAP development: superphiz, POAP distribution: Kairy Hiwis, POAP design: sleety.eth, descriptive text: jasperthefriendlyghost.eth and friends.
#Trading Watches the Burn
2022-05-02
On April 30th, 2022, Yuga Labs release 55,000 virtual plots of land for 305 Ape coin each. These Otherdeed mints cause gas prices to soar in an epic gas war with mints averaging over 6,000 gwei. #Trading watched with amusement as more than $150 million dollars worth of ETH was burned during this mint.





