New Bribe - OneRing Right at the beginning of the week, OneRing Finance has deposited their weekly bribes into the contracts and the bribes are now waiting for the inSPIRIT holders. If you choose to vote for RING-wFTM pool, you will immediately start earning your share from $1000 worth of $RING tokens as a voter along with the swapping fees earned from the pool. Just visit the inSPIRIT page on our new (beta) site and cast your vote on the Variable pools section: https://beta.spiritswap.finance/inspirit Cheers @everyone! Spirit DAO

AMA with Revest Finance (22 Aug 2022 Monday 8 PM UTC) We are very pleased to announce that we are going to host an AMA with @RobAnon, CEO of Revest Finance, on their latest product called Resonate and their latest proposal on SpiritSwap regarding the use of this new technology. If you have any questions to Revest team, you can use revest-ama channel before and during the event. If you would like to learn more about Resonance, you can take a look at the official documentation on their site: https://docs.resonate.finance/ You can also learn more about Revest's proposal to SpiritSwap DAO here: https://commonwealth.im/spiritswap/discussion/6685-approve-deployment-of-15m-spirit-to-resonate-yield-futures-protocol We hope to see you all there @everyone! Spirit DAO Event Link: https://discord.com/events/828379914074980423/1011194101359718470

@everyone Can't find V1 farms? Read below 👇 It would seem people are confused with V1 farms. Evidently people are not reading updates and medium. For those that are confused, V1 farms are being sunset in favor of V2. You will need to migrate liquidity over to V2 by the 25th of August to keep earning $SPIRIT and swap fees. See the following article below. 👇 https://spiritswap.medium.com/the-great-migration-happens-once-again-b3e69f9543d6 If you can't find your V1 LPs please click the "inactive" tab in V1. FYI V1 is still earning emissions until the 24th of August, at which point V2 gauge proxy will be effective and emit as of the 25th. Any questions, please feel free to ask mods and admin in our telegram channel for conversation https://t.me/spirit_swap , REMEMBER MODS/ADMIN will never DM first! Thanks

continued Revest Is requesting 1.5 Million SPIRIT from the DAO treasury to support their Resonate yield futures protocol proposal. You can find their proposal here and Question Rob further: https://commonwealth.im/spiritswap/discussion/6685-approve-deployment-of-15m-spirit-to-resonate-yield-futures-protocol For the sake of transparencyThe DAO treasury currently has 7 Million SPIRIT in the treasury with a further 6,796,471 due to be emitted to the treasury for the remainder of the year. You can reference the DAO emission schedule here. This information should be considered for budgeting purposes when making a decision on the aforementioned :https://docs.spiritswap.finance/spiritswap-v2/tokenomics/usdspirit/emissions ✒️ Multisig: We are pleased to announce we held our first multisig meeting late this Friday. The multi sigs discussed: - Management of signing off on DAO proposal votes - Setting systems and processes - Current expenditure of the treasury - Potential investment strategies of the treasury to be proposed to the DAO Shortly, the multi-sigs will be proposing a request to the DAO for sign off on management of a set expense allocation each month. This will simply mean we don't need to make a DAO proposal each time we need to make a payment to providers such as (hosting providers, AWS, moderator staffing, marketing, service providers such as Kek tools e.t.c). This will be a set budget request for the basic maintenance and upkeep of V2 moving forward. If this budget is required to change, then another DAO proposal will be made requesting for further funds to be signed off towards this management fund. More details to come. That's all for now @everyone , get on with the rest of your weekend and enjoy. Cheers, D3gEn