LunarDAO’s first raise (https://github.com/lunardao/lip/blob/main/lip-0003.md) went to Firn Protocol, which is a state-of-the-art, zero-knowledge privacy utility for Ethereum and EVM-based rollups.

LunarDAO creates a flywheel for the entire ecosystem to benefit. The teams building the software benefit from receiving an injection of capital. Participants in LunarDAO benefit from the value of network appreciation, and the ETH and privacy ecosystems benefit from the birth of new privacy primitives and tools.

Lunardao is currently developing a solution for this problem:

Ethereum is the mother ship of Web3 and DAOs, and its user base is consistently growing. Certain Users don’t want to interact with DAOs because of gas fees. It’s one of the main obstacles for Ethereum to meet its main objective - decentralization. Another problem is the full transparency preventing various users to donate into public good projects, such as research or case based DAOs. Researchers, builders or journalists then can only rely on available funds or whales, which compromises their neutrality. This is not a democratic solution for public goods like quality research, development, or free media.

Solution:

LunarDAO supported Firn developers almost a year ago to deliver an anonymizing protocol on Ethereum. We would like to continue this collaboration. Build on Firn to:

- Develop permissionless donation option using Firn Protocol on Arbitrum

- Build an easy template to implement this option

- Documentation and guide for the template