Guru Network Insider Updates - November 27, 2024 - Economy Flywheel Launch
Guru Network Economy Flywheel and airdrop mechanism - seamless integration of the new economic system with existing Guru Network infrastructure
The latest AMA session focused on the recent Guru Network economy flywheel and airdrop mechanism, featuring CEO and ecosystem contributors. The community is positive for implementing this new economic structure on the Guru L3 network.
Economic Framework Implementation
Weekly Distribution System
- Ecosystem chest distributions will begin operating on the Guru L3 mainnet
- Points-based reward system for active participants
- Integration with applications like Burning Meme
NFT Integration System
- Users can exchange points for Guru DAO NFTs
- NFT holders receive weekly ecosystem chest distributions
- Current cost structure: 1,000 Burns or 400 GURU tokens
- Provides governance voting power and ecosystem benefits
Learn more here:
Guru Network Blog
Technical Infrastructure
L3 Network Development
- Successfully launched Guru L3 on Base network
- Implementation of DEX system
- Arbitrage bot activation for price stability between L3 and Base
- Integration with USDC and ETH trading pairs
Governance Structure
Community Participation
- Increased voting participation in recent proposals
- New proposal (004) under discussion for economic distribution. Please vote!
- Framework for infrastructure costs, AI processor rewards, governance fund, and token burn mechanism
Future Developments
Infrastructure Expansion
- Plans for GPU node integration
- Opportunity for community members to participate as compute providers
- Development of agent management and knowledge-based systems
The AMA concluded with a live demonstration of the NFT minting process through Burning Meme, showcasing the seamless integration of the new economic system with existing Guru Network infrastructure.
More into video? Watch it here:
Use timestamps to jump on topics you're interested in:
0:09 - Topic introduction: Guru Network economy flywheel
0:44 - Overview of recent developments and governance
1:10 - Discussion of Guru token utility and economy
1:46 - Overview of Dex Guru terminal evolution
2:17 - Discussion of Data Warehouse product
2:51 - Introduction of recent governance proposal
3:13 - Discussion of community voting results
4:52 - Overview of Guru L3 launch on Base
5:37 - Explanation of ecosystem chest distributions
6:54 - Discussion of proposal 004
8:13 - NFT payment mechanism explained
9:01 - Discussion of AI processors
9:55 - Explanation of burn mechanism
10:49 - Overview of ecosystem product creation
12:42 - Economic flywheel components detailed
13:42 - Token value and burn mechanism explained
15:22 - Operational wallet functionality shown
16:16 - Weekly distribution mechanism explained
17:17 - Discussion of GPU infrastructure
20:44 - Timeline for proposal discussions
21:52 - GPU infrastructure participation
23:30 - Agent management system preview
24:35 - Infrastructure running demonstration
25:46 - AI processor combinations explained
30:01 - Treasury distribution mechanism
31:08 - Points system and quest completion
32:38 - Governance participation incentives
34:04 - NFT minting demonstration
35:50 - DEX system functionality
36:52 - Arbitrage bot activation discussion
38:33 - Explanation of distribution mechanisms
39:10 - Overview of L3 network features
40:22 - Future development roadmap
41:08 - Community participation methods
41:55 - Technical infrastructure updates
42:30 - Closing remarks about governance
44:02 - Community feedback discussion
45:30 - Conclusion and next steps
Let's discuss:
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