May & June Growth Report, Coinshift updates on V2, Superfluid partnership, Community Call updates, Biconomy & mStable AMA...
May & June Growth Report
Combined data for two chains: Ethereum Mainnet & Polygon
🚩 Scam Alert
If anyone is posing as Coinshift and selling a token. Please know that Coinshift team members will never DM you to sell tokens, and our official site is Coinshift.xyz.
If you spot similar scams, please help the community out & report it either as a DM or on our Discord server.
What’s up with Coinshift V2
On 17th May we announced our Launch Partner Program. We already have more than 10 industry-leading DAOs & companies with us as our Launch Partners.
In the coming weeks, we will open access for 50 new users from our waitlist. The intent is to closely work with partners and collect feedback for an overall enhanced version of V2 before going mainnet live.
Click the link below to apply for the waitlist or share it with your peers ✨
Join the V2 waitlist at coinshift.xyz/beta
Coinshift V2 features & user benefits
Multi-chain support which is extended to seven chains, with more planned
- Our In-built Infrastructure can reduce transaction failures across multiple chains & provide more accurate gas estimation for Mass Payouts
Multi-safe support, allowing organizations to combine safes into one consolidated view
- Aggregated view of all your safes across multiple chains which can help in better transaction management & portfolio tracking of treasury operations.
Integrated Contact management across all safes
- Manage contacts by adding manually or importing via .CSV file which can be used for paying multiple people across different chains. In short, sharing a global contact list across the organization.
- Selecting a specific network for a specific address to help reduce the risk of sending funds to the wrong network.
User management features, so non-signers can help manage treasury, add labels, edit contacts, and more
- Non-signers who are a part of an organization manage administrative tasks, while signers can focus on approving transactions.
Proposal management by selected members of an organization
- Selected members of an organization can create a transaction proposal where signers can decide if they want to approve or reject it.
Improved reporting, including consolidated token balances across all safes and chains, asset breakdown by tokens and by a chain, etc
- Real-time understanding of the state of the treasury across the entire organization.
In the near future users will be able to access new features like
Label based reporting
Coinshift partners with Superfluid to offer streaming services to users 🤝
Last week we announced our partnership with Superfluid where we will offer streaming services to our users as part of our V2 beta launch.
Our goal is to provide a seamless experience for Coinshift users to avail themselves of the advantages that streaming offers.
What does streaming mean?
Coinshift has partnered with Superfluid to offer streaming services to its users. Here, streaming means sending tokens from one wallet to another via a continuous flow over time.
Benefits of Streaming/ ongoing payment:
Set streams once with start & end date, they’ll keep running until you decide to stop them, drastically reducing the time and cognitive effort of managing payouts every month.
Automates and streamlines payroll for seamless back-office operations.
Delight contributors with a superior payment process.
Give contributors flexibility to get paid every second and spend their salary before the end of the month.
Creates opportunities to start making a passive income. Capital can be invested in DeFi as it’s received, allowing immediate compounding, without waiting for the end of the month payday.
Inside details on First Community Call
On 2nd June we had our First Community Call on Discord.
Guess what? Our discord crashed!
No doubt a Community Call is the best way to transparently share the organization’s journey, roadmap & internal details with the people who are aligned with your organization’s core values. But doing it in the right way is the key 😉
Here are a few things that everyone should administer while organizing a Community Call.
Make sure that you clearly share the agenda of your call.
Avoid sharing about bounties or any surprise that will attract airdrop hunters. At last, avoid creating a mess around different discord channels.
If you’re not a token project and have got no plans for ICO then have a few community calls without any monetary benefits. This will help find out the ones who are actually interested in your project and are aligned with the values.
Choose the correct setup for the sign-up process with security and verification processes in place.
Make sure interested participants go through screening questions like ‘Why’ they want to join the call. This will help you elude bots and keep note of early community members.
Make sure you’ve moderation bots added to your discord and keep a constant check that they are working correctly.
Also, they should have the ability to handle hundreds of incoming people.
Note: If you don't have verification settings on any of your discord pages it can create a mess
Choose a platform that you are familiar with like zoom, google meet, discord voice channel, or stages.
The platform should have the ability to give moderator access to constantly remove bots.
Note: If you have a large number of incoming members on your Community Call then Youtube live can be your best option 😉
This is what we learned from our First Community Call. Hope to see you all whenever we have our next one. Stay tuned by joining our discord and follow us on Twitter
Key Highlights from Treasury AMA’s
AMA with Biconomy
On Thursday (9th June), Sachin (CTO & Co-founder, Biconomy) joined us for an AMA discussing Multi-chain finance for DAO Treasuries
Find the entire discussion here: https://bit.ly/3zuRUI9
Biconomy simplifies blockchain interaction with its infrastructure layer and provides APIs & SDKs to developers so that they can easily integrate them into their platform simplifying the experience for their end-user.
With the growth of multichain, there is demand from developers for an easy way to move funds. So, Biconomy created its primary solution named ‘Hyphen’ which is focused on Cross-chain Transfers where users can move funds across different chains
One of the features in Coinshift V2 is ‘Multisafe Multichain’ where users can manage & transfer funds from multiple safes across different chains. ✌️
AMA with mStable
On Thursday (30th June), Théo Clochard (Strategy lead) and Dimitri (Product Manager) from the mStable team joined us for an AMA discussing their V1 learnings and shift towards V2 which focuses on yield generation.
Find the entire discussion here: https://bit.ly/3AHZzDJ
Insights on mStable V2
mStable is a stablecoin savings protocol. Users can deposit assets in SAVE (a diversified, risk-minimized protocol that can produce extra yield) V2 seeks to simplify access to yield by removing extra steps & being more flexible with other yield-generating strategies✌️
ERC 4626 is a token standard that is an extension of ERC 20 that was discussed. It was proposed to standardize a single interface representing shares of a single underlying ERC 20 token. A standard for tokenized Vaults will help yield-bearing tokens become more composable.
Coinshift is also focused on building V2 which is an advancement of Treasury infrastructure with added functionalities for DAO Treasuries like unified Multichain Dashboard (EVM & Non-EVM), adv TX execution & consensus, streaming, reporting, & more 🔮 🔮
Join the V2 waitlist at coinshift.xyz/beta
Podcast by Long Hash ventures where Tarun Gupta (CEO & Founder, Coinshift) shared his thesis calling Coinshift as a DAO Layer 0.5 in a sea of L0s and L1s.
DAO Treasury Report by Idle Finance ~ Click here
Jon Rogers on Huge Releases, Acquisitions, & Deals ~ Bankless
Coinshift is a Treasury Management Platform for DAOs & Crypto organizations - powered by Gnosis Safe
Stay connected. Stay Awesome 🤘
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