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Blockzero Accelerator Opens First Cohort | XIO Yield Swaps

TLDR;

As of today, blockchain projects in any phase or size can apply to the Blockzero Accelerator by filling out this application. Once three projects are approved into the first cohort, a three-week accelerator program will begin.

The goal of the Accelerator is to help blockchain projects increase industry awareness, grow their community, and hit targetted KPI goals like Total Value Locked or Daily Active Users. Each project receives:

  • Advisory: Five office hours to the Blockzero Advisory Network
  • Awareness: Introduced to over 8000 Blockzero Citizens
  • Engagement: Blockzero to host a custom Mental Mining Campaign
  • Incentives: Up to $100,000 in XIO Yield Swaps for KPI specific campaigns
  • InterviewAround the Block Video + Podcast hosted by Lea Thompson

To align the long-term incentives between Blockzero and participating projects, Blockzero to provide up to $100,000 of XIO Yield Swaps.

In the final week of the Accelerator, Citizens will be able to stake their XIO tokens into the Vortex and simultaneously earn yield from all the participating projects.

Our goal is to host multiple cohorts per year while doubling the number of projects in each batch. Anyone who refers a project to the Accelerator that gets accepted will earn $2000 in XIO tokens.

Livestream to discuss Accelerator will be hosted by Zachary Dash at 4pm UTC on Friday, May 28th.

UMA Protocol Case Study

Two months ago, the UMA protocol joined as the pilot project to the Blockzero Accelerator. Together, we identified three main goals that the UMA project was looking to achieve and created a custom game plan around them.

During this time, we learned how valuable this same process could be for other projects looking to grow their communities, increase engagement, and onboard users in unique/organic ways.

Today we are opening up applications for our first cohort of three blockchain projects. Projects can be in any phase. The only requirement is that the project must have a native token.

Three Weeks of Acceleration

One week before the launch, each project will meet with the Blockzero Council to customize a unique game plan that meets their specific goals for the Accelerator.

During this time, projects receive five office hours to the Blockzero Advisory Network to be used at any time in the future. The advisory can range from meetings with blockchain founders from industry-leading projects to one-on-one meetings with Web3 investors.

We are still in the early stages of building out the Advisory network. If you would like to be an Advisor and receive XIO tokens in the process, please reach out here.

Week One: Awareness

On the first day, a Medium article will be released that announces each of the projects in the Accelerator. The article will be distributed across all Blockzero channels including social, SMS, and emails to over 8000 Blockzero Citizens.

Additionally, each project in the Accelerator is required to share the announcement with their own native communities and audiences.

The goal of Week One is to provide a surge of new eyeballs and potential community members to each project through mass-scale cross-marketing efforts.

Week Two: Engagement

In Week Two, each project will have an interview released on the Around the Block Video + Podcast Series. Hosted by Lea Thompson, the previous guest for this series includes:

Each interview will focus on the story of the project, how the technology works, and the overall vision for the project moving forward.

Directly after the interview, Blockzero will help each project perform a Mental Mining Campaign. The goal of this campaign is to generate high-quality discussions around each project that empower individuals to engage with and understand the project at a deeper level.

Here is one of many examples of MM Campaigns we have done with our own community.

Marketing Idea: KPI Droptions?

Marketing Idea: KPI Option token based on how many people claim their KPI Option token. Process: We distribute…

home.blockzerolabs.io

Week Three: Onboard

Week three is when the magic happens. Each project receives up to $100k of XIO Yield Swaps.

What are XIO Yield Swaps?

The purpose of XIO Yield Swaps is to incentivize and onboard users into the native ecosystems of each project based on pre-determined KPI strategies.

Projects who are accepted to the Accelerator are required to deposit a portion of their native tokens into the Blockzero Vortex. These deposits turn into yield opportunities for XIO holders.

Essentially — an XIO Yield Swap offers projects the ability to swap yield generating opportunities with Blockzero.

XIO Yield Swap Example #1: Increase Liquidity

  • Project ABC decides their main goal is to increase the liquidity of their native token
  • To accomplish this, Project ABC makes an ETH/ABC token on Uniswap and decides this is their primary KPI
  • ETH/ABC liquidity providers can stake their LP tokens and earn up to $100k of XIO tokens over the course of a year

XIO Yield Swap Example #2: Increase DAU

  • Project ABC decides their main goal is to increase the Daily Active Users of their protocol
  • To accomplish this, Project ABC gives a dauABC token to users who engage on their platform over the course of 30 days
  • dauABC token holders can stake their tokens and earn up to $100k of XIO tokens over the course of a year

XIO Yield Swap Example #3: Increase TVL

  • Project ABC decides their main goal is to increase the TVL of their protocol
  • When individuals increase the TVL of the protocol, they receive tvlABC tokens in return
  • tvlABC token holders can stake their tokens and earn up to $100k of XIO tokens

XIO Yield Swap Example #4: Increase Utility

  • Project ABC decides their main goal is to increase the utility of their native token
  • ABC token holders can stake their tokens and earn up to $100k of XIO tokens over the course of a year

XIO Yield Swap Example #5: Raise Capital

  • Project ABC decides their main goal is to raise capital for the project
  • Project ABC team members create teamABC token
  • teamABC token holders can stake their tokens and earn up to $100k of XIO tokens over the course of a year

In each of the examples, the project sets its own custom KPI strategy and uses XIO Yield Swaps to incentivize users to hit these goals.

What does this mean for XIO holders and Citizens?

In the final week of the Accelerator, Citizens can stake their XIO and begin earning tokens from all three projects.

While we are starting off with a three-project cohort, our goal is to double the number of projects in each Accelerator and perform multiple batches per year.

Here is an example of what we aim to do:

  • First Cohort One: 3 Projects
  • Second Cohort: 6 Projects
  • Third Cohort: 12 Projects
  • Fourth Cohort: 24 Projects

To reach these goals, we need help from you, the Citizens. Accelerators will not start until each cohort is filled. If you refer a project who gets accepted into the Accelerator, you will earn $2000 of XIO tokens.

If you would like to apply to the Blockzero Accelerator, fill out this Application. If you have any questions, a live stream to discuss Accelerator will be hosted by Zachary Dash at 4 pm UTC on Friday, May 28th.

Blockzero, Explained

If you read through the following article, you will understand 99% of what you need to know about Blockzero. Here is a breakdown of what to expect.

What is Blockzero?

Blockzero is a decentralized autonomous organization with a mission to build, launch, and scale the next generation of Web3 startups.

The entire success or failure of Blockzero can be measured through one simple thing: The Vortex

The Vortex is a development fund managed by the Blockzero DAO. Inside it contains an index of native tokens from various blockchain and cryptocurrency projects. All value captured or created by Blockzero is deposited into the Vortex.

The native token of Blockzero that makes all this possible is called XIO.

The only way to remove assets from the Vortex is through the voting, staking, or burning of XIO. In this model, the XIO token governs and aligns the incentives of the entire ecosystem.

If the Citizens utilize the dev funds inefficiently, the TVL within the Vortex will decrease. If, however, the Citizens utilize the dev funds efficiently to build innovative projects that push the industry forward, the TVL within the Vortex will increase.

The Divisions

To help grow the Vortex, Blockzero is divided into three separate divisions. Each division has a unique purpose, focus, and goal.

  1. Blockzero Labs | Think
  2. Blockzero Studio | Create
  3. Blockzero Accelerator | Grow

1) Blockzero Labs | Think

Blockzero Labs is the research division of Blockzero.

Division Overview

Through a community of curious and contrarian thinkers called Blockzero Citizens, the focus of this division is to explore experimental ideas in a collaborative environment.

In Blockzero Labs, Citizens are encouraged to provide their talents, feedback, and liquidity to help grow the ecosystem. In exchange for these services, Blockzero Citizens can participate in various XIO Mining programs.

More info on the mining programs will be mentioned later in the article.

Citizens are encouraged to help Blockzero Labs in various ways such as:

2) Blockzero Studio | Create

The Blockzero Studio is the development division of Blockzero.

Division Focus

The focus of the Blockzero Studio is to build experimental and innovative blockchain technologies.

100% of any revenue, fees, or tokens generated from the technologies built through the Studio are deposited directly into the Blockzero Vortex. This value can be anything from ecosystem upgrades that help bring value to other blockchain projects (i.e. Dropzero) to native digital tokens.

Some of the development areas that the Blockzero Studio provides are:

To date, the Blockzero Studio is responsible for the creation of:

3) Blockzero Accelerator | Growth Division

The Blockzero Accelerator is the growth division of Blockzero.

Division Focus

The vision for the Accelerator is to be the Y Combinator of the decentralized world.

Through a 3-week program, each project receives:

A separate article about the Accelerator will be released shortly this week.

In the final week of the Accelerator, Citizens will be able to stake their XIO tokens into the Vortex and simultaneously earn yield from all the participating projects.

Our goal is to host multiple cohorts per year while doubling the number of projects in each batch until we reach 24 projects per batch.

Anyone who refers a project to the Accelerator that gets accepted will earn $2000 worth of XIO tokens.

Business Model

Projects who are accepted to the Accelerator are required to deposit a portion of their native tokens into the Blockzero Vortex. These deposits turn into yield opportunities for XIO holders.

Essentially — projects are swapping yield generating opportunities with Blockzero.

The projects who apply for the Blockzero Accelerator must have a native token.

The Blockzero Accelerator will be opening our first cohort of three projects in the coming weeks. If you would like to apply, go here.

The Vortex

The entire incentive layer for the Blockzero ecosystem is made possible by the Vortex — a decentralized development fund controlled by the Blockzero DAO. Any tokens or fees generated through Blockzero are deposited into the Vortex.

The Vortex itself is separated into three sections, each with a unique purpose.

1) Treasury

The tokens inside this section are used for general expenses like development, operations, and marketing. The only way to get tokens outside of this Orbit is through voting with XIO tokens.

2) Yield

The tokens inside this section are used to provide yield incentives to the XIO token. The only way to get assets outside of this Orbit is through the staking of XIO.

3) Collateral

The tokens inside this section are used to provide a collateralized backstop to the XIO token. The only way to get tokens outside of this Orbit is through the burning of XIO.

If you would like to learn more about governance or make a proposal, go here.

The Tokenomics

XIO is the native token of Blockzero that fuels the entire ecosystem. There are three utilities for the XIO token.

There were initially 25M tokens given away to active community members in October of 2019. The remaining tokens were separated into three different wallets to fund Liquidity Mining, Mental Mining, and Talent Mining expenses.

The Governance

There are currently three types of individuals that help govern the Blockzero DAO ecosystem: Citizens + Core + Council

1) Citizens

The responsibility of a Blockzero Citizen is to provide feedback, insight, and direction to the ecosystem through participating in collaborative discussions and voting on proposals.

The reward for being a Citizen is the ability to participate in Blockzero Mining programs while attaining permissionless access to the Blockzero Vortex.

Anyone can join as a Citizen by filling out the Blockzero Citizenship Application and becoming an XIO token holder.

2) Core

The responsibility of a Blockzero Core member is to offer their talents or abilities to the ecosystem on a consistent and long-term basis. Some core roles can include positions like blockchain engineer, growth hacker, or support leads.

The reward for being on the Core is the ability to help build the future of Blockzero while receiving Talent Mining rewards.

Anyone can apply to become part of the core by filling out a Blockzero Core Proposal and submitting it to the Blockzero DAO.

3) Council

The responsibility of a Blockzero Council member is to participate in weekly governance calls and provide strategic guidance to pushing the Blockzero ecosystem forward.

There are no financial incentives to being a part of the Council.

Any current member can be nominated and added or removed from the Council through a majority Council vote.

Blockzero is currently in Phase 2.0 of a three-phase system to decentralization

Incentives

Blockzero currently has three primary ways to earn XIO tokens through various mining opportunities: Liquidity + Mental + Talent Mining

1) Liquidity Mining

The XIO Liquidity Mining Program (XLP for short) currently allows anyone to earn up to 180% APY. All you have to do to participate is add 1 ETH + 1 ETH worth of XIO tokens to Uniswap v2.

Currently, there is no staking required. You simply add the liquidity and hold onto the UNI-V2 LP token and will be able to claim XIO rewards on a monthly basis through the XIO claims dapp.

To learn more, go here.

2) Mental Mining

The XIO Mental Mining Program allows anyone to earn up to $1000 per month by simply participating in Blockzero governance discussions and providing input or feedback on #XIOfeedback posts.

To learn more, go here.

3) Talent Mining

The XIO Talent Mining Program allows anyone to offer their skills or abilities to Blockzero Labs and earn XIO tokens.

If accepted, you join the Blockzero Core and earn tokens on a bi-weekly basis. There are no minimums or maximum amounts of tokens you can earn.

To you would like to participate, you need to go here and make a Core Proposal.

There may be various Mining program opportunities that open up in the future.

Next Steps

If you made it to this point, you now know a majority of what you need to get started in the Blockzero ecosystem. Here are some quick links to continue down your journey through the decentralized world.

  1. Become a Blockzero Citizen: https://home.blockzerolabs.io/
  2. Follow the Socials: https://linktr.ee/blockzerolabs
  3. Liquidity Mining: https://blockzerolabs.io/xlp/
  4. Mental Mining: https://blockzerolabs.io/mindmining/
  5. Website: https://blockzerolabs.io

The Tokenization of Time | Rise, Risks, and Roadmaps of Alchemix (ALCX) vs. Flashstake (FLASH)

Article Overview

Alchemix ($ALCX) Overview

Flashstake ($FLASH) Overview

Native Token:

Inflation

Distribution

Funding

Auditing

Alchemix Risks

Flashstake Risks

Alchemix Roadmap

Flashstake Roadmap

The Future is at Stake

Y Combinator vs. Blockzero Labs | The Astronomy of a Decentralized Accelerator

The Cost of Exclusivity

The Sleeping Giant

Unicorn Valley: The Ethereum-Effect

A startup valued at over $1B dollars.

The Catalyst for Creation

The YC of the Decentralized World

1) Permissionless Opportunity.

No intermediaries should be able to control or censor the creation, control, or transfer of value.

2) Elastic Capital Deployment

3) Tokens vs. Equity

4) Dynamic vs. Fixed Valuations

5) Globalization of Talent and Time

6) Early Liquidity

7) Community Ownership

Decentralize the World

Blockzero Labs Governance | How to Make a Proposal + Council Members

Proposal Types

1) Think (R&D) Proposal

2) Create (Building) Proposal

3) Growth (Marketing) Proposal

4) Core (Work) Proposal

5) General Proposal

General Discussions

Veto

The Council

Closing

Blockzero Labs (XIO) Tokenomics | The Vortex Proposal

The Model

The Vortex

Orbit #1: Treasury (Vote)

Orbit #2: Liquidity (Stake)

Orbit #3: Collateral (Burn)

Calm Before the Storm

Blockzero Labs

The Y Combinator of the Decentralized World

DeFi-ing Gravity — UMA DeFi Accelerator Ready for Liftoff!

Last month, we proudly announced that UMA would be the first project to join Blockzero’s new Defi Accelerator, a program that seeks to educate, incentivize, and onboard the next 1,000,000 users into the world of decentralized finance.

Today, we can finally reveal the details of this “Gravity DeFi-ing” mission, kicking off on April 1st. And to make sure we’ve got your attention, there will be $50,000 worth of Blockzero’s $XIO tokens, 2,000 of UMA’s KPI Options (uTVL) worth between $5k-$100k, as well as $5k worth of UMA Call Options up for grabs! Rewards will be distributed at the end of the Accelerator via the Blockzero Claims dapp.

What are KPI Options? “Essentially, it’s a way to incentivize users to help grow the UMA protocol, as the value of the KPI options are directly tied to the growth of UMA’s TVL.

Beginning on April 1st and running for 30 days, Blockzero will launch three unique campaigns designed to drive education, engagement and adoption of UMA’s various protocols and dapps. With each campaign, there will be an increasing amount of $XIO available to be earned by participants, as well as a set amount of UMA’s uTVL Options + Call Options.

Be sure to keep your eyes peeled for our weekly Medium articles which will outline exactly what you can do to participate in each initiative.

In order to participate and receive rewards throughout the entirety of the campaign, you must do the following:

JOIN UMA'S DISCORDJOIN UMA'S DISCOURSE FORUMWHITELIST YOUR ETH ADDRESS + DISCORD/DISCOURSE USERNAMES

Phase 1: Education — $10,000 XIO + 400 uTVL Options (April 1st — April 8th)

In Phase 1, we’ll be releasing an interview with UMA’s co-founder Hart Lambur on our Around the Block podcast, hosted by Lea Thompson (aka Girl Gone Crypto). In this interview, you will learn all about the story behind UMA, the bigger picture of the project, and gain a fundamental understanding of synthetic tokens.

Zachary Dash, the founder of Blockzero Labs, will also be creating a deep-dive macro-level explainer video of the UMA protocol.

So, where do you come in?

$10,000 worth of XIO + 400 uTVL Options will be up for grabs in a W. We’re calling on the combined UMA and Blockzero communities to create unique walk-through articles, video guides, or even in-depth explainer Twitter threads to help newcomers learn about UMA’s Dapps, or the UMA protocol itself. It’s really up to you how you want to help educate the world on UMA.

Each participant will submit their “Walk-Through” links on the UMA Discourse forum for entry. More details will come next week on where to officially post your entries on the forum.

For clarity, we highly encourage you to post your content on whatever native platforms you choose — be it Youtube, Twitter, Medium, Facebook, Reddit, or all of the above — just be sure to share your original link on the Discourse forum thread to enter.

Two winners will be selected from each of the following Dapps/Protocols, derived from following two categories (so in total, 10 winners will be selected):

1. Walk-Through Guides — Creative, in-depth video or written article outlining in a step-by-step manner how to use the given dapp.

2. General Overviews — A more broad explainer of what the dapp /protocol does. This could take the form of a well-written twitter thread, Youtube video, blog, or explainer graphic.

  • uStonks(1 walk-through winner/1 overview winner)
  • UMA Bills(1 walk-through winner/1 overview winner)
  • Domination Finance(1 walk-through winner/1 overview winner)
  • Wildcard — Choose any of the other UMA dapps/projects…surprise us! (1 walk-through winner/1 overview winner)
  • Mystery Box — Literally anything at all. Could be an infographic, short-film, GIF, animation, NFT idea, a song about UMA… Surprise us with your skills. Unlock a hidden surprise bounty (two winners from this section as well)!

Voting will begin on April 8th at 2:00 p.m. uTC via a poll on UMA’s Discourse Forum, and will remain open for 24 hours. The winners will be announced via Discord/Discourse on April 9th.

Phase 2: Engagement — $5,000 XIO + 200 uTVL Options (April 8th — April 15th)

Goal: Increase the understanding of the potential for synthetic assets through an incentivized and engaging synthetic token ideas tournament, as well as a KPI Option open debate.

XIO Option Open Debate

Zachary Dash, the founder Blockzero Labs, will hold an open debate to discuss all things related to KPI options on a Youtube livestream on Friday, April 9th (time is TBD). The goal of this discussion is to really expand the communities perception of what KPI options and synthetics are, and to fully wrap your head around the ground-breaking implications of them. For more info on their uTVL Options, check out their one-pager.

Synthetic Token Competition

Do you have what it takes to think of the next viral Synthetic token idea? By the time Phase 2 rolls around, you’ll have a better understanding of what a synthetic token is, and how there’s a seemingly limitless amount of ways they can be utilized and created. If you’d like further clarity, check out UMA’s insightful interview on Bankless.

We are giving away $5,000 $XIO + 200 uTVL Options to Blockzero Citizens and Super UMAns who can come up with unique, innovative, and unorthodox synthetic token ideas that would theoretically drive the most TVL for UMA. Who knows, the winning idea might even have a chance to get built.

Each participant will submit their “Token Idea” entry to the UMA Discourse Forum by April 14th, 3 p.m UTC.

After submitting, the top four ideas as voted on internally by the UMA/Blockzero teams will go into a final round.

On April 15th-16th, we will hold a community vote to determine the final top 3 winners on UMA’s Discourse Forum.

1st place will receive $3000 XIO + 120 uTVL options

2nd place will receive $1500 XIO + 60 uTVL options

3rd place will receive $500 XIO + 20 uTVL options

Phase 3: Adoption — $35,000 XIO + 1,400 uTVL options + $5,000 UMA Call Options ( April 15th — April 30th)

Synthetic Mining Competition

Goal: Increase UMA’s liquidity by incentivizing participants to mint and hold synthetic tokens.

In alignment with UMA’s $1 billion TVL goal, today we are announcing the creation of the XIO Yield Dollar.

During this two-week Synthetic Mining Competition, users will be rewarded for the minting of the XIO Yield Dollar. Stay tuned for a more in-depth video overview from Zachary Dash explaining the creation of this!

From April 15th-30th, we’ll be taking a daily snapshot of all whitelisted ETH addresses that mint XIO Yield Dollars. Participants will be rewarded at a rate proportional to their XIO Yield Dollar holdings (reward structure will be explained in more detail during Phase 3’s Medium blog).

As a bonus, the first 56 addresses to mint XIO Yield Dollars will receive 25 uTVL options each.

Closing

We’re excited to get this off the ground and kick off the first-ever DeFi Accelerator program with UMA. Stay tuned next week for the official Medium blog breaking down Phase 1 in further detail.