Community Updates #23

GOVERNANCE VOTE RESULTS

Our community has spoken, and we're excited to announce the results of our latest governance proposals 🗳️:

✅ Proposal #11: Reduce Minimum Amount for Staking

Result: Passed with 66% approval (17.28M FACTR voted in favor).

🔥 Proposal #10: Introduce Token Burn of 20% of Buybacks

Result: Unanimously Passed with 100% approval (30.23M FACTR voted in favor).

📉 Proposal #9: Reduce Staking Rates

Result: Passed with 70% approval (21.29M FACTR voted in favor).

These decisions highlight our community's commitment to evolving the platform for enhanced accessibility, token stability, and strategic growth.

To learn more about the details of the votes, check out the governance page on https://engage.defactor.com/dashboard or for a summarised version you can take a look at a thread 🧵 we made earlier 👉

IRL EVENTS

This month we attended 2 major events!

1️⃣ Web Summit in Lisbon happened between 11 - 14 November! 🇵🇹

Daria, our BD Associate and Sharif, Head of Technology and Innovation attended Web Summit Lisbon this year.

Here’s what they noted:

🔸 A true mix of industries from all sectors, as expected.

🔸 The venue was massive, with over 70,000 attendees.

🔸 Crypto was not a major focus, with fewer than 10 panels covering the topic over three days.

🔸 The crypto projects that seemed most relevant here were RWAs, asset managers, payments/wallets, and consultants.

💡 We also organized our own side event, which was a great success, bringing together over 75 attendees, including key players in the RWA space. During the event, Daria was the moderator on a panel centred on the topic of Commodities 🌾

The panel speakers were:

Juan Henao from Diamond NXT
Joao Lages from Lympid
Guilherme Lima from Drexfy

Take a look at the photos below! 👇

2️⃣ DevCon was happening at the same time in Bangkok, Thailand 🇹🇭 between 11-15 November

To catch the behind the scenes, Elise showed us some clips of her first few days at DevCon and gave us a sneak peak into what the venue looked like and what was available for the attendees to join! Join our Telegram group to watch: https://t.me/defactor_official/1

In Bangkok, our RWAs Get Real side event was hosted by Anastasia and Elise, two members of our growth team!

📆 Thursday 14 November 2024

📍 O'Shea's Irish Pub (Sports Bar, Hotel & Rooftop)

The evening turned out to be pretty stormy so all our guests had to stay with us 😉 but we had the drinks flowing and plenty of merch for our attendees to choose from so it was a successful night of relaxation and networking!

Check out the recap video on our X 👉 https://x.com/defactor_/status/1859149916939186557

Q&A ON TELEGRAM

You guys loved our last TG Q&A with Adam about the $FACTR token, so this time we hosted our second Telegram Q&A with our Growth Lead, Anastasia! If you missed it, don't worry you can join us for the next one on December 6th.

On Friday 8/11 @ 12pm CET we had Anastasia, with us over on Telegram for 45 minutes to answer some questions about the RWA Industry.

👉 Click here if you're not already in the group: https://t.me/defactor_official/1

X SPACE FEATURE

Anastasia, our Head of Growth joined Ken Berey, who hosted an X Space to discuss: "From Concept to Capital: RWA's Impact on the Bull Market Boom" 📈

Speakers:

🔹Jay Madhu from SurancePlus

🔹Kevin Cafeo from Valuit

🔹Mister Bull from Pick Vibe Network

🔹Godlysan from SEKAI Protocol

🔹Ian Estrada from X Foundation

🔹Anastasia from Defactor

Listen to the recording here:

🔗 https://x.com/i/spaces/1mrGmMmkWRVGy

NEW ARTICLE

🚀 Curious about how $FACTR drives value in the Defactor ecosystem?

Check our our latest article on the $FACTR token model!

Key takeaways:

✅ Tokenomics: Capped supply of 300M, strategic distribution for growth & community engagement.

✅ Buyback Mechanism: Revenue-driven buybacks create scarcity, boosting long-term value.

✅ Staking Rewards: Earn passive income & lock tokens for stability.

✅ Governance Rights: Have a voice in shaping Defactor’s future.