Across the Cryptoverse #34 - The Genesis Across Community Essential Committee

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Written by

#Club1BCH

11 months ago

Topics: Across, Ethereum, Cryptocurrency, Blog, Writing, ...

Across prioritizes route optimization for maximum capital efficiency before adding route support. Has this optimization focus vs. new chain deployment helped Across? The numbers are speaking! Across went live with zkSync routes and support in August, and since then bridged nearly $800 million in token value to and from the chain!

Bridge optimization pay off on the zkSync route, as Across is at least 83% cheaper than the nearest zkSync bridge competitor. Across has $0.44 vs $2.61 in median overall bridge fees

Saying it again for the people in the back! The same bridge optimization paid off on Base, with over $150 million in volume in the first 60 days. How do we know optimization work paid off? Across is ridiculously fast compared to its competition... median overall fill time at 3 seconds vs. +62 seconds for the other guys!

The $SNX bridging went live on Across last month! You can now send your Synthetix assets between Ethereum Mainnet and Optimism at the fastest speeds and lowest fees! No-brainer!

Since launch, Across has dominated $SNX volumes, with over 84% of the time! Across is actually capturing near 100% volume market share for this token despite the smaller liquidity pool. This is due to design optimization, particularly in capital efficiency on larger volume days!

The development of the DAO needed some structure, and a team that will work in the best interest of the holders. The Across Community Essentials Committee genesis started from the above idea! The Community Essentials Committee (CEC) will focus on growing and engaging the Across DAO community through initiatives like onboarding, events, social media, campaigns and partnerships.

A dedicated, compensated committee creates accountability and incentive structures to consistently execute high-quality community building work. It will be managed transparently and be aligned with Across DAO’s goals. The CEC will foster an active, vibrant community to drive participation, campaigns, integrations and ultimately adoption for the protocol. Community support is essential for delivering on Across' ambitious vision, so investing in community management makes strategic sense.

The motivation behind forming the CEC is to build a vibrant, engaged community within the Across DAO. As a decentralized autonomous organization, having an active community is crucial for governance, collaboration, and advancing the goals of the protocol.

This committee aims to focus on the "soft" side of community building - the human connections and experiences that turn a discord server and social channels into a thriving hub of ideas, talent and enthusiasm. By managing essential functions like onboarding, moderation, events, partnerships and social media, the CEC will help foster a welcoming and inclusive environment.

In addition, the CEC will spearhead growth initiatives to expand the DAO's reach and visibility. Through creative marketing campaigns, competitions and integration with other communities, the committee hopes to attract new members who align with Across' values and can contribute skills and perspectives.

Overall, this committee will nurture the human infrastructure that underpins the Across community. The DAO's success depends on engaged and motivated members who feel a sense of belonging. The CEC will focus on building social bonds, smoothing operations, and creating fun interactive experiences - the essential "glue" that brings a DAO to life and transforms it into a vibrant organization.

Five roles were identified, each tackling different aspects and taking care of important aspects: Proposer, Reviewer, Coordinator, Executor and Communicator. The event manager and a front desk role were added as a small sub-committee, in charge of moderation, activities and support.

The Across Community Essentials Committee (CEC) mission is to create a seamless and engaging experience within Across DAO. It will oversee operational and social functions such as onboarding, moderation and compensation management. It will strongly align to the goals of Risk Labs (the parent organization) and Across DAO. This is encapsulated by the Across Bridge’s byline, “The bridge that Ethereum deserves” and its aim to be the fastest, cheapest and most secure bridge in the blockchain space.

The CEC is committed to fostering community growth through innovative marketing campaigns and strategic integration efforts. We aspire to create a vibrant, fun, and inclusive environment through initiatives such as competitions, quizzes and games. It will lead efforts to expand the discord server user base, amplify Across’ messaging over social media platforms and promote bridge use.

I summited my intention to become the CEC Coordinator, been interviewed, and was elected as one of the members. In my role I will be in charge of Discord ops, DAO community activities , events , safety, support, campaigns , social channels, and more.

The CEC had to be approved through snapshot, and required 6 million votes to pass quorum. Not only we smashed the requirement, with 8 million ACX votes, but we were invested with 99.81% of the votes.

The Across Community Essentials Committee work officially started on the 1st of October, and the renewal proposal will be live for voting in a week. The CEC has a scheduled meeting every Tuesday, planning and analyzing the progress.

You like the CEC avatars? It was an limited edition collection of NFT which I created specially for the committee members. Everyone liked them and I created the Bridge Guardians as a follow-up. This collection has 40 NFTs, with a similar style. It was created for community members or active rangers, and as a way to reward participation!

Join us for the crypto education, and fun events. We have $500 worth of ACX as monthly budget for activities, such as poker, Gartic, crosswords, quizzes, football predictions and more.