Meta Pool Monthly Recap — July 2024

metapool.near
Meta Pool
Published in
5 min readAug 1, 2024
  • Community Governance Grants 18 Projects on mpDAO
  • Meta Pool — Recap Q2, 2024
  • Meta Pool Q3 — Navigating New Frontiers
  • Initiating the audit for ICP Staking smart contracts
  • Governance Call 8
  • Vote To Earn Rewards — June

Highlights

mpDAO Grants 7: Boosting the communities around the world

In an exciting development, the community governance process for mpDAO successfully allocated funds to 18 innovative projects. A total of 64,900,846 votes were cast across 51 proposals, more than double of votes allocated on mpDAO Grants 6, with a combined request of $220,026 USD.

This round marked a historic milestone with over $49,860 USD approved for grantees, supporting 18 projects. The total budget for this round was $119,581.70, leaving $69,781.70 remaining in the treasury.

Read more: Community Governance Grants 18 Projects on mpDAO

Meta Pool Q3, 2024: A promising future for multichain governance

The third quarter of 2024 is shaping up to be a period of significant transformation for our Protocol. Each milestone in our roadmap represents a technical advancement and redefines how we interact with the Web3 ecosystem and how our DAO positions itself to lead innovation in the space. Below, we share each of the milestones designed with our users and the broader ecosystem in mind.

  • Liquid Restaking on Solana.
  • stICP Liquid Staking on Internet Computer Protocol.
  • stQ — Liquid Staking on Q Blockchain.
  • mpDAO Grants 8.

ICP Staking

A new chain is coming to Meta Pool, but before that, we have started an audit with Block Apex. At Meta Pool, something that characterizes us is our commitment to the security of our users, which is essential when integrating a new chain and services.

That being said, in our first steps to support the Internet Computer Protocol (ICP) Network, we have teamed up with Block Apex to audit the ICP Liquid Staking smart contract.

Ambassador Program: Build the future of DeFi and Web3

Become a Meta Pool Ambassador: Spread DeFi & Earn Rewards. Join our vibrant Meta Pool Ambassador Program. Don’t miss this opportunity to be a key player in the future of DeFi

Let’s build the future together — Apply now: https://bit.ly/meta-pool-ap

Governance Call 8

We had our first livestream on X with our Co-Founders, Claudio Cossio (@ccossio) and Lucio Tato (@lucio_tato). They answered some questions from the community, including:

— What is your strategy to improve the DAO?.
— How do you envision the future evolution of the governance system?.
— What steps have been implemented to prevent the centralization of governance power?.
— How do you ensure complete transparency and fairness in the governance system for all users?.
— Are there plans to distribute rewards from additional chains besides NEAR to mpDAO holders in the future?.
— On which chains will Meta Pool governance be implemented?.

Dive into the Governance Call 8 below:

Melissa’s Thoughts on Her Participation in Zurich

Melissa Brigitthe, who was awarded a scholarship by Meta Pool DAO, shared her excitement about having completed the “Deep Dive into Blockchain” summer school at @uzh_blockchain.

Read More: https://www.linkedin.com/posts/melissa-brigitthe-hinojosa-cabello-774a3630a_blockchain-ddib24-unam-activity-7222484233221480449-FXwm/

Governance

Vote to earn rewards

During June, the protocol collected 24,268 (~$163,723 USD) stNEAR in fees. These fees are divided:

  • Paid to Active Voters (65%); 15,775 stNEAR (~$105,692 USD)
  • Grants Fund (10%): 2,426 stNEAR (~$16,254 USD)
  • DAO Operations (25%): 6,067 stNEAR (~$40,648 USD)

Protocol fees distributed for active voters in July was a total of 15,775 stNEAR (~$105,692 USD).

ℹ️Price of stNEAR token at the moment of distribution: $6.70/stNEAR.

If you haven’t claimed your rewards yet, go to metapool.app/myvotes to claim them.

Note: The amount you received depends on the locked amount and lock days and if you participated in the mpDAO governance.

Our Ambassadors around the world

Meet our ambassadors, connect with them, and learn more about the Meta Pool ecosystem. In this section, you can find useful resources, events, content, workshops, and more from our ambassadors in several languages.

🇳🇬 Nigeria, @BlesilynsExploring The Meta Pool Ecosystem.

🇿🇦 South Africa, @QueenDDebbieThe future of staking with Meta Pool.

@teamspacemesh Nigerian community meetup.

🇲🇽 Mexico, @abrahamrivvProyectos de LATAM fondeados en #mpDAO Grants 7.

🇳🇬 Nigeria, @don_zee10Builders Hangout: Educational Meetup.

🇮🇩 Indonesia, @ekosubagyompDAO Grants 8 thread in Indonesian.

🇻🇪 Venezuela, @skyempire90Blockchain, DeFi, Staking y Staking Líquido: Un Mundo de Posibilidades en las Finanzas Descentralizadas.

🇻🇳 Vietnam, @gem_decryptoMeta Pool Ecosystem Update.

July was incredible! 👏

Let’s kick off August with even more exciting news and updates. Stay in the loop by following our official X and Telegram accounts for the latest event updates.

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Meta Pool

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