{"type": "project", "title": "Token Swaps as a Mechanism for Superchain alignment", "logoImg": "bafkreiejmve2xgr7pihejv5iu7oxv66jdcz6lediruq5xss3j4sozjla2i", "website": "https://www.prime.xyz/", "bannerImg": "bafkreibg5cuc3clksm7trfykkzfgzacze25yn4md7x2lkipr25czo6jzny", "createdAt": 1722263188008, "userGithub": "Primedao-admin", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..YhJUdi_xrffz1VtGMyLrytCpSUeJ93jsZDNPm4UyietmkKTc2XE0Ojlkmdl2hTjax2OyuDq3vo1giBQn1xSFBA", "type": "Ed25519Signature2018", "created": "2024-07-29T14:26:21.494Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-07-29T14:26:21.494Z", "expirationDate": "2024-10-27T14:26:21.494Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x644Fd647d88629726F1aE25e85B1441488524648", "hash": "v0.0.0:p+QTQOuX6MRJZ0O0E7Kd2SAVIkDnJRJNnXuqdii9yvs=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#PrimeDAO_"}}}, "description": "PrimeDAO launched as a DAO innovator collective in 2020 to enable DAO-to-DAO coordination that helps create positive-sum games.\n\nIn 2021-2022, we spearheaded DAO token swaps as an alignment mechanism, both in theory in collaboration with BlockScience and in practice through over 8 token swaps worth over 2M in value.\n\nWhile Token Swaps received little attention in 2022-2023, the emergence of L2 ecosystems and the resurgence of OG DeFi are re-igniting interest in Token Swaps and comparable mechanisms to align incentives.\n\nOur team just received a FireStart Grant from Arbitrum to research Token Swaps as a mechanism to improve Grant programs.\n\nThrough this TEC grant, we aim to expand our research into the Superchain and provide a clear overview of the Token swap process, lessons, and tangible suggestions on how to leverage Token Swaps to increase Superchain coordination. ", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "PrimeDAO", "projectTwitter": "PrimeDAO_"}
Token Swaps as a Mechanism for Superchain alignment
PrimeDAO launched as a DAO innovator collective in 2020 to enable DAO-to-DAO coordination that helps create positive-sum games.

In 2021-2022, we spearheaded DAO token swaps as an alignment mechanism, both in theory in collaboration with BlockScience and in practice through over 8 token swaps worth over 2M in value.

While Token Swaps received little attention in 2022-2023, the emergence of L2 ecosystems and the resurgence of OG DeFi are re-igniting interest in Token Swaps and comparable mechanisms to align incentives.

Our team just received a FireStart Grant from Arbitrum to research Token Swaps as a mechanism to improve Grant programs.

Through this TEC grant, we aim to expand our research into the Superchain and provide a clear overview of the Token swap process, lessons, and tangible suggestions on how to leverage Token Swaps to increase Superchain coordination. 
Token Swaps as a Mechanism for Superchain alignment