We want design an organization where the key concepts are simplicity and modularity.

Simplicity means that the workflow and the procedures are easy to understand for newcomers in the crypto/NFT space while modularity allows it to be flexible and easily adapt as needed to catch the best opportunities and to easily add patterns as needed and when DAO’s operational range will expand.

Consider all the procedures and structures in this document as the foundation ones: holders will always have the opportunity and the right to integrate, cut or replace them.

FoxNationDAO is a DAO where its access is based on an ERC-721 token.

There are going to be 10k Foxes, each one unique, and the minting price of FoxNationDAO will be 0.07 ETH.

For each Fox sold, 0.04 ETH will be reserved for the DAO Treasury, along with the 50% of the secondary market. At 100% minted, the total Treasury will consist of 400 ETH.

Different Tools are needed for the DAO operations, organization, compensation, access and discussion. They have different purposes and are natively integrated in FoxNationDao.

DISCORD: Discussions. We thought that “centralize” the discussions on Discord, the standard for NFT communities, was the best choice. In Discord you will be able to discuss proposals along with creating threads to bring them to the preliminary phase (see the proposals paragraph for further infos).https://discord.com/

COLLAB.LAND: The access to discussion channels will be reserved to holders: with Collab.Land we will be able to automatically verify the ownership of your tokens and have access to them.

https://collab.land/

SNAPSHOT: Snapshot.org is the most famous platform for voting proposals along the Crypto communities and DAOs. Holders will be able to express their preferences to proposals without spending gas.

https://snapshot.org/

GNOSIS SAFE: Gnosis is a Multi-Signature wallet. This means that more users have different keys and no one of them can execute a transaction only with his own key. You can find a dedicated paragraph about the Treasury in this document.

https://gnosis-safe.io/

SUPERFLUID: Superfluid is one of the instruments that will be used for holders and working groups compensations. It allows to send gas-less transactions, work without just-in-time liquidity (you can deposit only the liquidity you need for the operations) and execute transactions automatically on chain over time in a non-interactive way.https://www.superfluid.finance/

Working Groups are one of the key features of FoxNationDAO. The organization will always look for contributors and/or enthusiasts in each operative field. The heart of each DAO are its contributors and the skills they bring to the organization itself. FoxNationDAO needs NFT traders, DeFi/Crypto experts and traders, Artists, Developers, Accounting/Financial Advisors. Each professionalism will find a creative and rewarding environment in the organization, along with the necessary resources to operate in it.

We chose to start with 4 different working groups, each one operating in a different field:

1. NFT trading

2. DeFi/Crypto

3. NFT Launchpad

4. Management (Accounting, Financial, Marketing, R&D)

Each working group will initially consist of 4 delegate members, with a % of Team Members in them that will decrease in 3 phases, reaching the total de-engagement of the Team at the 3rd one.The 4 delegates mandate will initially be lasting 30 days. At the end of the mandate, the holders will be able to review their work and confirm them or not in a DAO proposal. If a delegate it’s not confirmed, his position will be filled by a new election.

All WGs will have their own Multi-sig wallet and will be allowed to operate autonomously with a part of it but following some criteria. Those criteria are of course part of the starting guidelines and the holders will be able to modify them by making proposals. As we said before, nothing is immutable in the FoxNationDAO structure. (See the Proposals section for further infos).

Working Groups members will receive a direct compensation for their job, along with a % of the profits generated by their operations. (See the Compensation section for further infos).

Discussion will happen in dedicated Working Groups Discord channels and threads, which will be visible and easily accessible to all holders.

We think that Decentralization is a process. As explained in the first Medium, the full decentralization of FoxNationDAO will happen in 3 phases, with a gradual de-engagement of the Team from the Working Groups Delegates position.

50% Holders Delegates50% Team Members

In the initial phase the working groups will consist of half team and half holders, so 2 holders Delegates and 2 Team Members. This is necessary to imprint a direction to the DAO and to build confidence with its structure and procedures.

75% Holders Delegates25% Team Members

In this phase the number of Team Members Delegates involved gets limited to 1 for each working group, while the Holders Delegates become 3 for each working group.

100% Holders Delegates

This is the last phase: Team Members won’t cover the Delegates position anymore and the DAO will be totally in the holders hands. Team Members will remain active for general management and maintenance of the project but they will be an “instrument” of the DAO itself.

We aim to complete one phase each month from the beginning, closing the decentralization process at the end of the second month of operation.

At 100% minted, the total FoxNationDAO Treasury will consist of 400 ETH. Different portions of the total Treasury will be allocated to different Multisig wallets (one for each WG).

The allocation will be as follows:

The Treasuries keys assignment will be the subject of a proposal at the end of the first mandate (30 days from the start of the DAO’s operation). We are going to propose different schemes and phases for the assignment, with different involvement of the Team in them. The community will be able to decide if to keep the Team as Member of Guarantee of the Treasury operations or not, as well as create another working group with that purpose only, but at least at the beginning the Team has to have the custody of the keys for 2 main reasons:

1- Safely keep the Treasury away from malicious attacks and guarantee Compensations deposits.

2- Create confidence with the DAO procedures and between Delegates and Holders.

As for the team’s gradual exit from the WGs, we think a similar path will be desirable for the Treasury keys.

In the last phase, a team member could keep one key (making five) as additional security for a limited time, but only if the DAO thinks it’s necessary. Decentralization is a process that must always take into account the fundamental factor of security. If the community requests it, we can retain a role as guarantor. The team is at the disposal of the community’s decisions.

All the holders will receive shares of the profits each quarter and will be able to claim them through a UI on the official website.

Working Groups Delegates will receive a salary along with a percentage of the profits they generate. We have decided to reserve 15 ETH from the main sale to cover the compensation expenses for the first quarter. Those not used for delegate salaries will be added to the Holders Pool and distributed with the other profits. At the beginning we chose to apply equal compensation for all delegates (0.33 ETH/Month) and will be paid via the Superfluid platform. Afterwards, as specified in the previous Medium article, the DAO may give different weights to the different kinds of contributions by diversifying the rewards.

The distribution of the profits generated by the WG proposals will happen according to the scheme attached at the end of this section.

While a portion of their profits will directly be addressed to them, another portion will go into a Compensation Pool (CP). CP is needed because the NFT Launchpad WG couldn’t generate immediate profit while the Management WG doesn’t generate direct profit but its actions have efficacy across the project itself. In addition to this, the DAO’s areas of operation could also increase over time and there could be more variety in the mechanics for which the delegates’ work will yield profits.

The distribution of the profits generated by the Holders proposals will be split in this way:

The increasing complexity will be perfectly absorbed by the flexible design of the DAO structure and the Compensation Pool is just one example of this native flexibility.The biggest share of profits will be used to reward holders (and WGs), while another portion will flow into the 4 treasuries to enlarge them and ensure growth.

We manage the treasury and make operations on it with a mix of direct and indirect democracy. Direct means that all the holders can submit proposals and all of them can vote (just like a referendum) while indirect means that the holders will elect a number of members that will have operative autonomy with certain limits: the Delegates.

We choose to use a different 2 paths decision making process in FoxNationDAO in order to create a core of elected contributors with a certain grade of autonomy of expenditure for faster operability, beside the usual DAO path where a suffrage is the only way to make a proposal executive. Timing is a key factor in all investments areas but in crypto and NFT it can become absolutely crucial. In so many cases a fast action is required, also for this we believe that a mixed DAO model can decisively optimize earnings.

The working groups will have, at the beginning, a limit of 2 autonomous actions per mandate (30 days). The maximum allocation for autonomous decisions is governed by a chart that proceeds to give inversely smaller percentages at the increase of the total capital available in each treasury: it starts from the 10% for a capital up to 100 ETH and reaches a 2% when the specific treasury will exceed 1500 ETH.

If the required amount is higher than the percentage limit, the proposal will need an holder’s voting. These limits are necessary (at least at the beginning) to test the ability of working groups delegates in their relative field and to avoid “bad” operability.

Anyway, both WG and Holder’s proposals will have a percentage limit of the treasury they can use for a single operation.

Proposals generated by a thread created by members, like those in working groups that exceed the maximum percentage for autonomous actions, will start from a maximum possible allocation of 33% of the relative treasury if it contains up to 100 ETH, until the 5% for a treasury containing more than 1500 ETH.

33% might seem excessive to begin with but remember that we are always talking about the specific allocation of one of the 3 starting investment areas and anyway we chose to target the DAO with a tight-aggressive character.

Let’s see now how the 2 paths will operate.

Direct path: All the holders can propose their operations on the relative treasury, opening a Thread connected to the relative working group channel on Discord. We choose the Discord Threads because we think that moving out the discussions to an external forum could create less participation to them. So, if you are active in the FoxNationDAO Discord, you will see everything the community is discussing about.

The thread needs to have an introduction and a topic, a required budget, a timeline and accountability for the required amount. A template for new threads opening will be given. Once the thread about the proposal has been discussed between the members and/or the delegates, there will be 2 steps to make the proposal executive:

1st Step: Preliminary Proposal

A Preliminary Proposal will be made on Snapshot.org and it will need to reach the 15% Quorum and the majority of consensus in order to get to the Final Proposal stage.

2nd Step: Final Proposal

Once a Preliminary Proposal matches the requirements, a Final Proposal will be made. In order to get executive approval, a Final Proposal has to reach a quorum depending on the amount of Treasury of its investment area is required:

Indirect path: Working group representatives are able to execute a maximum amount of actions without the holder’s approval, but only if some conditions are matched.At the beginning WG will be able to make 2 Proposals for each mandate (30 days).

WG will be able to use a % of their Treasury in autonomy, making proposals needing only the 50%+1 agreement between the WG members. In case there is not an agreement, a suffrage across the holders will be needed to make it executive.

For higher % and until 33% of the total allocated Treasury, they will need to propose the action to the holders to make it executive.

As mentioned at the beginning of this article, these are just some of the initial guidelines proposed by the team with the intention of leading the development of the DAO in the best and healthiest way but, like everything else, can be discussed, submitted to a vote and eventually changed. Even before the minting, the team is open to any discussion about the DAO structure: if some members have different views related to some specific points, they can easily advance them in the Governance discussion channel within our Discord.

We look forward to building a wonderful decentralization story together.

Discord: https://discord.gg/Vj3uFsWcEZ

Official Website: https://foxnationdao.com/

Không gian tiền điện tử và blockchain di chuyển nhanh chóng. Rất nhanh.

Nhưng như chúng ta đang thấy với mỗi ứng dụng và nội dung mới ra mắt trên Avalanche, công nghệ và cộng đồng bằng cách nào đó đang phát triển nhanh hơn nữa.

Cũng giống như công nghệ làm nền tảng cho những đột phá về hiệu suất của Avalanche, trang web Avalanche mới được xây dựng với tính đến khả năng mở rộng. Mỗi trang đều hiển thị thông tin cần thiết tập trung vào ba phân khúc người dùng chính: nhà phát triển, người xác thực và cá nhân và sẽ tiếp tục phát triển cùng với nền tảng.

Cùng nhìn sơ qua diện mạo mới của Avalanche:

Các nhà phát triển blockchain liên tục có nhiều lý do để xây dựng. Avalanche là nền tảng hợp đồng thông minh phi tập trung đầu tiên được xây dựng cho quy mô tài chính toàn cầu, với khả năng hoàn thiện giao dịch gần như tức thì — với khả năng tương thích hoàn toàn với Solidity.

Từ doanh nghiệp đến nhà phát triển Web3, trang web hiển thị chính xác cách xây dựng không giới hạn với khả năng truy cập dễ dàng vào nghiên cứu đối thủ cạnh tranh, hướng dẫn toàn diện, công cụ dành cho nhà phát triển, v.v.

Avalanche được giữ an toàn bằng cơ chế bằng chứng cổ phần, cho phép bất kỳ ai có yêu cầu máy tính tối thiểu đều có thể xác thực nền tảng.

Người xác thực có thể dễ dàng xem cách stake AVAX và số tiền họ sẽ kiếm được bằng cách stake AVAX.

Có tầm nhìn đầy đủ về những gì đang xảy ra với Avalanche và hệ sinh thái mới chớm nở của nó. Là một người đang tìm kiếm thêm thông tin về Avalanche, đây là một số câu trả lời bạn sẽ tìm thấy:

Chúng tôi rất vui vì bước tiến tiếp theo này của Avalanche và hy vọng sẽ nghe được tất cả những suy nghĩ và phản hồi của bạn về trải nghiệm trang web mới. Sẽ có nhiều bổ sung cho trang web trong thời gian tới. Trong thời gian chờ đợi, vui lòng bỏ bất kỳ và tất cả phản hồi bằng cách sử dụng trang liên hệ của Avalanche .

Avalanche là một nền tảng mã nguồn mở để khởi chạy các ứng dụng phi tập trung và triển khai blockchain doanh nghiệp trong một hệ sinh thái có thể tương tác, có khả năng mở rộng cao. Avalanche là nền tảng hợp đồng thông minh phi tập trung đầu tiên được xây dựng cho quy mô tài chính toàn cầu, với khả năng hoàn tất giao dịch gần như tức thì. Các nhà phát triển Ethereum có thể nhanh chóng xây dựng trên Avalanche khi Solidity hoạt động hiệu quả.

Website | Whitepapers | Twitter | Discord | GitHub | Documentation | Forum | Avalanche-X | Telegram | Clubhouse | Facebook | LinkedIn | Reddit | YouTube

Kết nối với cộng đồng Việt Nam tại:Telegram VN| Facebook VN| Twitter VN | LinkedIn VN

Nguồn bài viết: https://medium.com/avalancheavax/introducing-the-new-avalanche-website-5a495a34df7f

For this blog, we will go over how to install and use the new Nautilus Wallet. If you are familiar with crypto wallets and how to use them, you can proceed to downloading the wallet here. If you have any questions about this wallet, you can also subscribe to the Nautilus Telegram Channel and directly interact with the developer and other community members.

Nautilus Wallet Overview

Current Features

Future features

Installation

The Nautilus Wallet is currently only available for chromium based browsers. For the purposes of this demonstration, we will go through the setup in Google Chrome.

2. Click on the Add to Chrome tab (highlighted by the red circle in the above image).

3. A pop-up will appear and prompt you to Add extension.

4. After selecting Add extension, you will see the following screen:

5. The wallet is now installed on your web browser!

6. Opening Nautilus Wallet

7. Click on Nautilus Wallet.

8. When opening Nautilus Wallet for the first time, you will be prompted to read and acknowledge the KYA — Know Your Assumptions.

9. Scroll to the bottom of the KYA and select I UNDERSTAND AND ACCEPT THE KYA.

10. Once you have accepted the KYA, you will be shown three options:

11. If you have previous experience with Ergo wallets, you can restore your wallet in Nautilus with your seed phrase. If you have any pre-existing Ergo wallets, you can also decide to use Nautilus as a read-only wallet by inputting your public key. If this is your first time using an Ergo Wallet, then you will select Create Wallet.

12. Creating a Wallet and Understanding the Features

13. When creating a wallet for the first time, there are a few important security rules to practice. The most important thing is to write your password and seed phrase on paper only. Do not store this information digitally, and do not take photos of it. Your seed phrase is your line of defence against bad actors. If anyone was able to get access to your seed phrase, they could take control of your wallet and all the assets you have stored in it.

14. After selecting Create Wallet, you will see a screen where you can name your wallet, create your password and write down your recovery seed phrase. It will look like this:

15. It may seem obvious, but your seed phrase will be different from the one you see in the image above.

16. REMINDER: Write your seed phrase and password on paper. You can make several copies and store them in safe places.

17. After creating your password and storing your recovery seed phrase, you will select Confirm and see the following:

18. When preparing to receive assets, you will see the following screen after selecting the Receive tab:

19. Your receiving address will appear as a series of numbers and letters, similar to the address in the above image. If this is your first time using an Ergo wallet (or any other crypto wallet), please note that your address will be completely different from the one you see in the image.

20. If you are sharing your receiving address, you simply copy it to your computer clipboard and send it to the person or smart contract you are interacting with. You can easily copy the address by clicking on the two overlapping squares at the end of the address.

21. When sending assets to a person, exchange or smart contract, you will see the following:

22. You will input the receiving address of the person, exchange, smart contract, etc. Then, you will select the asset (it could be ERG, a native token, an NFT, etc.) and input how much you are sending. To complete the transaction, you type your wallet password and then select Confirm. That’s it! This is how you send and receive assets in the Nautilus Wallet.

23. There are a few more features to be aware of as you become more familiar with the interface of the wallet. You can access more options by clicking on the wallet name in the top right corner of the application.

24. After clicking on the wallet name, you will initially have four (4) options:

25. If you use this wallet to interact with any decentralized applications (dApps), you will see a fifth option (Connected dApps) that will allow you to control which dApps are connected to your wallet.

26. Let’s take a look at the Settings option. As was mentioned earlier in this guide, the Nautilus Wallet has some unique privacy features.

27. As you can see from the above image, there is a Privacy mode option. When you turn on this feature, your wallet will create a new receiving address for every new transaction. In other words, whenever you receive any assets, the next time you go to copy your receiving address, (under the Receive tab) you will be provided with a completely new address. This feature makes it more difficult for bad actors or invasive entities to track your activity on the blockchain. Enabling this feature offers more privacy with regards to your finances.

28. Additional features allow you to hide previously used receiving addresses and to adjust the ERG conversion to your preferred fiat currency.

29. Well done! You have set up your Nautilus Wallet and have explored all the features built into this product. With this wallet, you can easily interact with several dApps in the Ergo ecosystem, including ErgoPad, the NFT Auction House, ErgoDEX, and SigmaUSD.

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He is an automation engineer, and also holds a master’s degree in financial mathematics. He was working in Brazil in the energy field when in 2017 he first read the Tezos white paper. He immediately got involved in his spare time, and in 2019 decided to make the development of the Tezos blockchain his primary occupation.

What makes the Tezos blockchain environment-friendly?

Hadrien explains that a blockchain is composed of blocks, that are data storage space. As more data is stored, more empty blocks are needed to store the new incoming data. Those blocks have to be created by someone, they don’t appear on their own.

The computers (and their owners!) who create such blocks get greatly rewarded: each time they create a block they earn a significant amount of coins (Bitcoin if they’re creating Bitcoin blocks, Eth if they’re creating Ethereum blocks, tez if they’re creating Tezos blocks, etc.).

So why wouldn’t anyone start creating blocks if all it takes is a computer?

Whenever a new block is needed to store more data, the blockchain makes a call to the block creators, who have to compete to be chosen to create the block.

What does it all have to do with the environment?

It’s about how people compete to be chosen to create the block. Blockchains such as Bitcoin or Ethereum use what is called a “proof of work” consensus algorithm. When a new block is needed, the system puts out a difficult mathematical equation, and the first computer to solve it gets to create the block, and reap the rewards.

To get the best chances to be chosen, you need to have the best computer, capable of processing enough possible solutions to the equation to be the first to find the answer. This consumes an incredible amount of energy, as all those powerful computers struggle to find the answer to win the race.

Tezos, on the other hand, uses a “proof of stake” consensus algorithm to pick who gets to create the block and reap the rewards. A PwC study has found that this protocol consumes the same amount of energy per year as 17 households, which is 2 million times less than blockchains that use the “proof of stake” consensus algorithm such as Ethereum or Bitcoin, therefore solving the issue of negative environmental impact of the blockchain.

What is the most exciting thing about Tezos?

Tezos is a self-upgradable blockchain, it has the ability to adapt and modify itself through a voting system. Tez (the Tezos coin) holders can vote to bring innovation onto the network. The blockchain has actually already evolved 8 times following those types of votes.

This is not the case of blockchains such as Ethereum, which makes it extremely difficult for them to implement changes. It is the main reason behind the delays in Ethereum 2.0: the inability to make it go from a proof of work to proof of stake protocol without creating a duplicate of all the assets that were on the original version.

This creates an obvious issue for NFTs: they would not be deleted on the “old version”, that will still be preferred and used by a category of users (miners) who do not agree with moving to a new protocol (for instance because they own an expensive computer capable of solving the equations to create blocks).

This means that if I own a unique NFT on Ethereum, after the change, I will have that NFT both on Ethereum and on Ethereum 2.0. Thus, it will not be unique anymore. That is why it is more likely to see layer 2 solutions appearing that would run on top of the Layer 1 Ethereum rather than having Ethereum 2.0 (see here).

The Tezos ecosystem has gained significant traction from leading brands, artists, creators, and sport franchises as the place to mint cost and energy-efficient NFTs. In 2021 alone, the Tezos network processed over 50 million transactions and has been selected as the blockchain of choice by Art Basel Miami Beach for the award winning Tezos Ecosystem Exhibition, Red Bull Racing, and McLaren Racing for their NFT collectible platforms, and most recently Ubisoft Quartz platform for NFTs in-game.

Written by Eli Strzelecka 05 Jan. 2022 (Twitter: e_strzelecka)