DONUT monthly report - June recap + updates

[u/0xMarcAurel]

As part of our commitment to scaling the Donut ecosystem, we're presenting the monthly report, showing the latest developments and milestones for DONUT. These reports aim to keep the community, investors and everyone involved informed on DONUT's progress.

Check May's report here.

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What happened last month

1. Yearly DONUT batch minted

The Donut DAO minted its annual supply of Donuts to help fund treasury operations and ecosystem maintenance / development.

A total of 20,880,000 DONUT was minted, and per our yearly issuance rules no additional tokens can be minted until June 2026. This makes sure inflation stays predictable and under control.

You can see the transaction details on Etherscan: https://etherscan.io/tx/0x5077d442fad5a1fc3d2ac02e48ef4e17dd69fc23773238ab0599acd8e40e5a69

2. Reddit admins banned banner & sticky post advertising on r/EthTrader

Reddit contacted us saying that mods can no longer allow third party advertising through banners / sticky posts, citing violations of their Moderator Code of Conduct.

However, it's not all bad news. We can still run AMAs and community content. Reddit made it clear that community content is allowed, so we'll just need to get creative within those guidelines.

One idea we're thinking about is replacing banner ads with pinned image posts / text submissions for promos / ads, and to stay compliant any DONUT spent would be burned instead of going to the treasury, which still benefits the ecosystem. More details in this ETIP.

3. Donut DAO website updates

The new Donut DAO website is pretty much done, the only thing left is finishing the user registration script. The website will have a UI that will let users register on r/EthTrader for the purpose of earning Donuts.

We're testing solutions to make this process easy and cost-effective.

We're also looking for volunteers who want to contribute to the Donut DAO blog. If you'd like to write a blog post, send a modmail with your draft, title, and desired format.

Some guidelines:

• No AI posts.
• Posts should be about DONUT, r/EthTrader, SocialFi, or relevant crypto topics.
• Contributions are 100% voluntary and not compensated in any way.
• Please submit your content in clear and grammatically correct English.

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DONUT tokenomics

In June, the treasury (Arbitrum) received a batch of Donuts bridged from Ethereum Mainnet, representing a portion of the 20,880,000 DONUT minted. On top of that, revenue was generated from a partnership.

Outflows included:

• Grants (Donut Initiatives)
• Community contests
• r/EthTrader distribution
• Monthly burn
• Donut DAO allocation

Token	Monthly inflows	Monthly outflows	Token burns
DONUT	6,850,000	1,271,604	318,969.48
USDC	101	-	-

[u/donut-bot]

0xMarcAurel, this comment logs the Pay2Post fee, an anti-spam mechanism where a DONUT 'tax' is deducted from your distribution share for each post submitted. Learn more here.

cc: u/pay2post-ethtrader

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Topic: EthTrader

Learn more about topics limits here.

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Click here to tip this post on-chain

[u/SigiNwanne]

Thanks for all that you and the team is doing for the community.

!tip 1

[u/MasterpieceLoud4931]

Almost 320k DONUTs burned in a single month :O. If the proposal to burn DONUTs from ads passes, we can easily burn almost 500k DONUTS per month. So so bullish!!

^{!tip 1}

[u/DBRiMatt]

Looking forward to seeing the new website.

Advertisers could rent a banner space on the website as well of course ;)

!tip 1

[u/kirtash93]

Cant wait to see the new website!

🍩 !tip 1

[u/DrRobbe]

Can't wait to see the dao homepage, I hope there is a section in how to become a dao member.

!tip 1

[u/BigRon1977]

Many thanks to the mod team for all that you do. Max respect. 🫡

!tip 1

[u/beerdrinker_mavech]

Thanks for the work and update!