Web3 is booming, and Arweave is becoming a popular infrastructure choice for developers. PermaDAO is a community where everyone can contribute to the Arweave ecosystem. It's a place to propose and tackle tasks related to Arweave, with the support and feedback of the entire community. Join PermaDAO and help shape Web3!  

Author: wenchuan @ Contributor of PermaDAO

Translator: Jomosis @ Contributor of PermaDAO

Reviewer: Kyle Contributor of PermaDAO

Dear PermaDAO Community Members:

As the market oscillates, an air of coming bull market anticipation prevails the entire Web3. The PermaDAO community are running in a methodical manner. Qualified task completion of all guilds and series of knowledge sharing events in and out of PermaDAO have been running smoothly. BRC20, or the BTC ecosystem was undoubtly the main focus last week. Hoping the sharing event explained the confusion of community members through different perspectives.

Beyond the buzz, there is also deep dive research and interviews on topics such as DEX, the Arweave ecosystem, and even the geek-to-entrepreneur narrative. All for BUIDL. In the transition between bear and bull market, wish everyone a clear target, a sharp mind and keep contributing.

Curious to know more? Dive deeper below for additional insights.👇

Workload Summary

Last week, the various guilds of PermaDAO completed the following work:

          Translation Group has completed translation tasks for 13 articles.  

          Creative Group has completed 7 tasks.  

          Submission Group has approved 14 submissions of ecological content articles.  

During the past week, PermaDAO rewarded diligent contributors with a total of 508.66 $AR tokens, equivalent to a total of 4272.74 USDC. Press on with determination, contributors!

Key Events

1. everVision CEO —— Interview with Outprog : The Entrepreneurial Journey of a Geek CEO

Outprog, who used to be a developer in a bank, made a resolute decision to dive into the blockchain industry after thoroughly researching Bitcoin technology: "After spending over a decade in the bank delving into the consistency issues of these ledgers, with the advent of Bitcoin, theoretically, I could, on my own, within two to three weeks, implement a system using the PoW algorithm that never requires reconciliation settlements. This was quite astonishing to me, and it had a significant impact on me.”

Reference：https://news.ever.vision/built-a-web3-product-with-300-000-daily-activity-in-3-years-a-techie-ceo-who-traveled-through-00b259ddf2ae

2. PermaDAO thorough tech seminar：the evolution of BTC ecology

PermaDAO researcher Panda provided a comprehensive and detailed overview of the recent booming Bitcoin ecosystem, including the underlying logic and gameplay. This covered the origin and principles of BRC20, a detailed presentation on Ordinals, ARC 20 NFT, Taproot Asset, and RGB. Additionally, it encompassed BitVM, Rune, and other inscription ecosystems.

Recorded video of the seminar：

https://knuttlkeynlkbh2mtvd46fjg55c5tkcpjuhxn3q64jq36heqyt3q.arweave.net/U2k5rUTDVqCfTJ1HzxUm70XZqE9ND3buHuJhvxyQxPc

3. Project interview of Arweave ecosystem：Interview with Tom, Lead of Forward Research

In this interview, we invited the official representative of Arweave, Tom who’s also the lead of Forward Research. Forward Research is a leading research and development incubator for the Arweave ecosystem, aiming to incubate and support founders of various projects in the Arweave ecosystem. Tom believes that the biggest challenge facing the entire Arweave ecosystem at the moment is the promotion and adoption. Regarding PermaDAO and everVision, Tom believes that Forward Research can engage in further research and explore potential collaboration opportunities with protocols such as ANS-110, SmartWeave, SCP, and others.

Interview Link：https://medium.com/@perma_dao/face-to-face-interview-arweave-ecosystem-project-forward-research-3893ab4a3b7a

4. The first translation competition announces the top 3 winners and simultaneously launches the second translation competition.

The first translation competition of the PermaDAO Translation Guild was launched last week, in order to pick the outstanding work. The judging panel for this competition is composed of Mr. Pan Zhixiong, former chief editor of ChainNews, Outprog, the founder of everVision, and senior researcher Mr. Zhijie. Three outstanding translators emerged successfully through the intense competition. They are: @Jomosis 1997, @橙子Orange, and @pengshi.

Simultaneously, the Translation Guild Uninterruptedly started the second translation competition last Friday. This competition adopts the Chinese-to-English format and will select three outstanding translators to join the PermaDAO Outstanding Translators Group along with the top three from the first competition. The outstanding translators will then enjoy additional benefits such as exclusive translation tasks and incentive bonuses.

Competition detail page：https://www.notion.so/permadao/cc5f681df7af4ce7832ded0bdc4051df?pvs=4

5. PANewsDAO x PermaDAO 8th theme discussion

The eighth discussion — Cryptocurrency New Era: Regulatory Storm and Compliance Innovation in Light of the Binance Incident — was shared by PermaDAO Builder, Sandy and senior researcher Ningning from EMC FUND.

6. Research report：Built on the SCP paradigm, DEX can achieve AMM freedom

The article provides a brief introduction to the fundamental concepts of DEX. Then summarizes several AMM models based on existing DEX projects, whether it be constant product, centralized liquidity, or discrete liquidity. DEX always focus on liquidity. Permaswap, on the other hand, is a cross-chain DEX that supports multiple AMM algorithms, offering a flexible and aggregator-like feature, all derived from the advantages of SCP.

Reference：https://medium.com/@perma_dao/building-on-the-scp-paradigm-dex-can-achieve-amm-freedom-2c11615c86c2

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