Squads Weekly Update 2–8 May

Squads
3 min readMay 9, 2022

Our weekly update is here!

4.05.22🗓️

🫂 Community call

Community Calls are weekly updates from Squads where we talk about newly shipped product features, plans for the future, and fascinating topics in the DAO space.

This time we covered:

  • 2120 squads on mainnet 📈
  • Squads has won the Dean’s list Feedback week Bounty: deep dive on Squads made by the Dean’s list subDAO crew coming soon

Upcoming Twitter spaces:

  • 🗓️ May 13th, 1 PM EST

Sobol x Squads: Breakdown of Solana DAO Ecosystem

Sobol — DAO organization platform that allows for a clear mapping of organizational structures, missions, and assigned roles of a web3 team.

Squads are going to be a guest on Sobol‘s weekly Twitter spaces where we will talk about why people should pay attention to the Solana DAO space.

  • 🗓️ May 20th, 12 PM ETC

Grim Syndicate x Squads: The Road to DAOification

Grim Syndicate is an NFT community that managed to grow into a DAO with an intricate organizational structure after minting. Their community consists of autonomous working groups that are funded by the mainDAO treasury.

We are going to talk about their journey from an NFT project to a DAOfied community and the role of Squads in their organizational process.

5.05.22 🗓️

🥷🏼 Twitter Spaces. Squads x Katana: Where do Katana yields come from?

A few weeks ago we announced an integration with Katana protocol which allows Squads users to earn a yield on crypto directly within Squads without the need to withdraw funds to an individual wallet. Last week we hosted Twitter spaces with Ayush Menon — the founder of Katana protocol, who explained what are the Katana strategies, and how is the yield generated behind the automated sophisticated strategy, and answered a few questions from our community members. We want to thank Ayush for such an interesting and insightful conversation and announce the next Twitter spaces talk with DAO organization platform Sobol this Friday 13th of May at 1 PM EST. Join in!

🔥 New shippings

Keep up with the recent Squads shippings!

  1. Dialect integration ✔️

Users are now able to receive in-app notifications about any changes made within a Squad — click on the 🔔 icon next to your wallet address and follow the instructions.

📽️ Here is a quick tutorial to help you out:

2. Initial Squad members ✔️

Now users can add up to 5 initial members when creating a Squad instead of 3! Try it yourself: https://app.squads.so/

You asked — we delivered, if you have any suggestions on how Squads can improve or particular feature requests your Squad misses, hit us up on our Discord.

3. Assets drop-down in the deposit screen is now scrollable ✔️

4. Fixed the issue with a black screen sometimes appearing right after voting on a proposal ✔️

5. Fixed the issue when sometimes 0 value was displayed when clicking MAX button in the swap section ✔️

6.05.22 🗓️

🔭 Squads 101: DAOs & SubDAOs

This week’s edition of our Squads 101 series covers DAOs and subDAOs to efficiently decentralize your community. Learn what is a subDAO, its relationship with a parentDAO, and how Squads Protocol can help them operate effectively — all in our latest article:

If you don’t have much time, here is a quick thread on subDAOs to help you get familiar:

🎙️Squads on the Law of Code podcast

Our co-founder and CEO Simkin Stepan went on the Law of Code podcast to talk about his transition from being a lawyer to CEO of a web3 company, DAOs, buying NFTs, and of course Squads. Give it a listen here:

Where to find us:

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Squads

The multisig standard you were looking for on Solana.