5 min read

GnosisDAO Governance Summary ~ 10 January 2024

Happy New Year ~

We are extremely excited for 2024. Web3 payments will go mainstream this year and we're laser focused on making Gnosis the best payment network available.

In a recent interview Stefan George, Gnosis Co-founder and CTO, talked about the early days of Gnosis, how Safe was developed and what's on the horizon for Gnosis Pay.

Taking inspiration from Stefan and as we kick off 2024, it makes sense to quickly look back on how Gnosis started and where we're headed.

When Gnosis was founded in 2015, the team set out to build prediction markets powered by collective intelligence. The markets, built onchain, would rely on the trustless nature of the core protocol to incentivize participation in peer-to-peer networks and establish a single source of truth. In creating these prediction markets, it became clear that Gnosis first needed to build the infrastructure required to support them. Gnosis pivoted from its initial vision and began developing the infrastructure that would support the rise of Ethereum. 

Today, the Gnosis ecosystem has grown into five interoperable product lines that allow users to securely create, trade, govern, hold, and stake on Ethereum. This makes Gnosis the first product-driven ecosystem that enables protocol developers and communities to build their own networks. The ecosystem is governed through GnosisDAO, with voting power distributed amongst GNO token.

The Gnosis product suite includes:

๐Ÿ’ณ  Gnosis Pay

Gnosis Pay is the first Decentralized Payment Network (DPN), removing the barriers between traditional finance and decentralized finance (DeFi).

๐Ÿ” Safe 

A decentralized custody protocol for managing digital assets. On Safe, developers can build multisig-optimized dApps or smart contract wallets.

๐Ÿฎ Cow 

MEV protected trading on Ethereum, Goerli and Gnosis Chain. Trade on CoW Swap from a smart contract wallet or interact with CoW Protocol directly via API and smart contract.

โ›“๏ธ Gnosis Chain

A complement to Ethereum mainnet, Gnosis Chain is a Layer 1 (L1) that provides a more efficient environment for developers to experiment. Low costs (paid for in xDAI) and fast transactions make Gnosis Chain an ideal environment for developers to build, experiment and deploy new protocols.

๐Ÿ’ซ Zodiac 

A set of composable DAO tools that integrate directly with the Safe interface. Developers can build their own Zodiac modules to enhance existing practices in the DAO ecosystem and help shape its future development.

Check out the Gnosis Ecosystem Report put together by Mesh last year for a comprehensive deep dive! Let's jump into this weeks update!

In other others, Gnosis Chain's Chiado tesnet is set to perform the Dencun hardfork on the 31 January, 2024. More info below!

๐Ÿฆ‰Gnosis Forum๐Ÿฆ‰

GIP-91: Should the GnosisDAO onboard into Centrifuge Prime? Phase-1 Proposal

This proposal initiates the onboarding of GnosisDAO into Centrifuge Prime by investing ### of the treasury into Real-world assets (RWAs). The onboarding will be contingent upon the establishment of a Legal Conduit for GnosisDAO by Centrifuge for the safe investment of RWAs. This proposal will integrate existing treasury management processes and services providers such as karpatkey DAO. The benefit of this proposal will provide the GnosisDAO Treasury with an additional diversified source of yield, a resilient legal infrastructure for engaging with RWA investments, and access to additional diversified sources of credit through Centrifuge.

This proposal represents a significant step forward for the Gnosis community in its RWA engagement. Centrifuge Prime is an optimal solution for developing a diversified RWA portfolio that the DAO can integrate into its existing treasury management solutions. Centrifuge has collaborated with karpatkey DAO on the development of this proposal and, with support from the Gnosis Community, would like to continue this collaboration to add additional exposure to the GnosisDAO treasury.

๐Ÿง‘๐Ÿพโ€๐Ÿ’ปโ›“๏ธEvents & Hackathons

๐Ÿฆ‰ GnosisDAO Community Call w/ Althea

Join us for the next GnosisDAO community call with Althea, the payment layer
powering infrastructure and connectivity. Get up to date on ecosystem developers and why Althea is such an exciting project on Gnosis Chain.

๐Ÿ๐Ÿฆ‰Gnosis Chain Hackathon w Joke Race

Joke Race is the best way for communities to make, execute, and reward decisions. Hack on a new tool or application on Gnosis Chain. This is your chance to become a Gnosis OG and join our storied history!

The hackathon runs for 4 weeks (08/01/2024 - 05/02/2024)

1st Place: 2 GNO
2nd Place: 1 GNO
3rd Place: 0.5 GNO

Anyone can submit a project via jokerace.xyz!

๐Ÿ’ฟ Validator Meetup #12

Once a month on the Gnosis Chain Discord, the validator community gets to troubleshoot issues with their hardware and connect with each other. Next week we'll talk about the Dencun upgrade and how to prepare. Join us on January 18th, 2024 at 4PM UTC on the Gnosis Chain Discord.

โœ๏ธ Gnosis is Hiring!

๐Ÿฆ‰ Gnosis Chain

Senior Dapp Developer - Remote from Europe

Freelancer, Full-time ยท Remote

Developer Relations Manager - Remote from Europe

Freelancer, Full-time ยท Remote

๐Ÿ’ณ Gnosis Pay

Backend Software Engineer - Remote from Europe

Freelancer, Full-time

Growth Generalist - Permanent Employee

Full-time ยท United Kingdom

๐Ÿฆ Gnosis Wallet

QA Automation Engineer

Freelancer, Full-time ยท Remote

Senior Web Developer (Wallet) - Remote from Europe

Freelancer, Full-time ยท Remote

Wallet Tech Lead

Freelancer, Full-time ยท Remote

More info -> here

๐Ÿ™ Thank you

Come say, hello in the Gnosis Chain Discord! Join us for the next GnosisDAO Community Call on Thursday January 11 , 2024 with Althea at 4PM UTC / 5PM CET on the GnosisDAO Twitter Spaces.

See you onchain!