Hello Breadfam!
It's been another great month of spreading solidarity. Here are the updates from the most recent distribution cycle and some news from the Breadverse we think you should know about.
1,594 $BREAD was distributed this cycle to our seven member projects. Whether this is your first cycle or your twenty-first, it's always worth going over how this works.
Baking $BREAD generates yield, and that yield is the engine behind our onchain solidarity.
Every cycle, we share it. Half is split equally among all seven member projects, so every project gets the same base amount regardless of the vote. The other half is voted on by $BREAD holders. Here are are member organisations, are there any you would like to learn more about? We've done features on Gardens and Crypto Commons Association, let us know who you would like an update on next.
The more $BREAD you bake, the more voting power you generate, and the bigger your say. Here's how the final numbers look.
If you're already baking, you're already generating voting power. Head to the governance page and make it count.
For the final up-to-date figures, check: https://fund.bread.coop/governance
Earlier this month we announced our contribution to Kohaku, the Ethereum Foundation's privacy wallet SDK led by Vitalik Buterin. Every standard Ethereum transaction is public by default. Kohaku is built to change that, and Bread contributed frontend development to make it happen.
The Bread Cooperative team is made of seasoned developers and operators who thrive on open systems. We believe that solidarity has a natural place within tech systems, and would love to contribute to whatever your team might be building. Do send us a message at contact@bread.coop if you've got any ideas.
Breadfam Josh will be on stage at Dappcon in Berlin this June (16-17). His talk is centred on our newest product, Bread Stacks, our upcoming Savings Circles product.
Saving circles were developed independently across many cultures, using established community relationships to financial needs.
Josh's talk "Save Money like your Ancestors: Stacks and other Solidarity Tools" shows how we are embracing technology to adapt this tech principle to the rigours of modern life.
We presented Bread Stacks in a community call earlier this year, and you can see the video here.
There will be plenty of Breadfam in attendance, come say hi.
You can get your Dappcon tickets here.
We built Etherform, an open-source set of GitHub Actions workflows for Foundry smart contract development. This saves teams from rebuilding the same security and testing pipelines from scratch on every project.
Quadratic Funding is a community-centric mechanism of supporting ideas. The number of supporters matters much more than the amount each supporter donates. You can read more about Etherform and the mechanism by clicking the embed below.
That's all for this set up of updates. Let us know if there's anything that you would like to see in future updates.
Till next time,
Solidarity forever 🍞