SingularityDAO End Of Year Report: Summary

Greetings DinoForce,

Another Year Over
With 2022 drawing to a close, it’s time to look back over the past year, and what a year it has been! The wider crypto market has had a tough time with some of the biggest names in the industry falling. During these bearish times, the strongest projects have continued building and are looking forward to moving into 2023 with bigger and better products.

At SingularityDAO a huge amount has been accomplished in the last 365 days, from Beta launches, partnerships and events, to the release of full Live products, a new dApp and a fully rebranded image.

This article will provide a timeline and summary SingularityDAO’s achievements throughout the year 2022. If you are interested in taking a deeper look at everything that happened, as well as learning a little about some of the items featured in the 2022 roadmap that have not yet been released, stay tuned for part two of this article which will take a much closer look at everything shared here and a lot more.

A Timeline Of Events

January 2022

• Development of Protocol V1 Started
• Blockchain Retreat: Protocols Planned

February 2022

• Launchpad Allocation Vote Held

March 2022

• 2022 Roadmap Published
• DynaSet Closed Beta Ended
• DynaSet Open Beta Contribs Opened
• Quant Retreat: Strategies Refined

April 2022

• DynaSet Open Beta Trading Started
• MultiChain Bridge Integrated

May 2022

• BNB Chain Governance Event Round 1 Held
• SingularityDAO Discord Launched

June 2022

• BNB Chain Governance Event Round 2 Held
• DAO Organisation Governance Event
• Open Beta Ended
• dynDYDX Announced

July 2022

• Team Retreat: Future Of SDAO Planned
• Branding Designed
• New dApp UI/UX Designed

August 2022

• New dApp Developed
• New Branding Of dApp Applied
• Protocol V2 Development Started

September 2022

• New dApp Beta Testing Opened
• Blockchain Rio Festival Attended
• Token 2049 Attended

October 2022

• New Branding Revealed
• New UI Released
• Protocol V1 Released
• dynDYDX Contributions Opened
• dynBTC/dynETH Contributions Opened
• Rarebloom Event Attended
• Future Blockchain Summit Dubai Attended

November 2022

• DynaSets Began Trading
• Insurace Partnership Announced
• Smart Contract Insurance Integrated

December 2022

• Immunify Partnership Announced
• Trust Wallet Partnership Announced
• First BNB Chain DynaSet Launch Date Announced
• End Of Year Report: Summary Released
• End Of Year Report: Deep Dive Released
• One more surprise?

Summary: January — December 2022
SingularityDAO entered 2022 on the back of an action-packed end of 2021. With the Beta launch of DynaSets complete, in January focus was turned to building Protocol V1.

Moving into February, while work was still underway on Protocol V1, SingularityDAO’s first major Governance Event was initiated, to decide how future launchpad allocations would be resolved.

The months of March and April saw the first rollover of DynaSets from closed to open Beta as well as the integration of Multichain.

With DynaSets performing well and progress on Protocol V1 well underway, a new Governance Event was held to decide the category of DynaSet to be launched as the first on BNB Chain. The month of May concluded with the launch of SingularityDAO’s Discord Channel.

June proved to be an exciting time for the project and community as the second round of votes related to the newly selected ‘Layer 1 Protocol Token BNB Chain DynaSet’ was held to determine which tokens would be included. This was not the only Governance Event to be held this month, as a vote was also held to decide the first layer of DAO Governance system to be implemented. In what was already quite a big month for the project, the extremely successful Open Beta of DynaSets came to a close and dynDYDX, the protocols first DynaSet capable of running long/short leveraged strategies was announced.

The whole team gathered together in Lisbon for two weeks of July. It was a time of brainstorming, discussions and planning that created not only the framework for everything that was released in the latter half of the year such as the new dApp and branding, but also many of 2023’s upcoming projects.

August was all about design and development, a lot of work went into preparing the new dApp for launch and applying the branding that you all see today. This was also the time that research and development began on the upcoming Protocol V2.

What followed was a busy couple of months attending crypto events around the world, spreading the name and mission of SingularityDAO from Brazil and America to Singapore and beyond. As September came to an end and November began, Protocol V1 was released with the official launch of dynBTC and dynETH on fully decentralised Smart Contracts allowing users to take full custody of their LP Tokens.

November and December closed the year with a bang, a number of partnerships were announced with some industry-leading protocols such as InsurAce, Immunify and Trust Wallet, and top to it all off, the first BNB Chain DynaSet, dynL1BNB was announced.

Next Up: A Deep Dive
This article includes a summary of what occurred at SingularityDAO throughout 2022, make sure you follow the project’s social channels to not miss the upcoming deep dive into these events and a lot more!

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