In our last round, we spent the Panvala (PAN) funds with the Dappnode Community Treasury, and funds in other crypto currency in these projects:
"33% will to to fund work on the web3signer + UI adaptation described in this issue
33% will go to fund an update of DAppNode's smart contract repositories to make them simpler, adapted to current needs and cross-chain.
33% will go to research on BUBLS, a cryptographical setup that can bring decentralized validator pools to be a reality in DAppNode, started at the EthLisbon hackaton."

The web3signer is now an integral part of how we manage keys safely within dappnode and allow the users to change Consensus Layer clients without having to manage the keys themselves, a delicate process that can cause Slashings.

The Smart Contracts have been developed, but the situation changed and we are now assessing whether we prefer to move to a zk-rollup.

Finally, the BUBLS research was spun out to a different project, diva (https://divalabs.org/) with. a completely different team. We are glad that our open source work could be used by another team to push for Distributed Validator Technology.