 Hello everyone, I'm Atta and I'm part of PrimeDAW which is a collective of organizations and ecosystem builders focused on building a groundwork for cultural and infrastructural tooling for DAOs and DAW-to-DAW interactions and today I want to talk about ecosystem value and how it might be a super important aspect of collectively cultivating regenerative finance ecosystem and we can start with kind of defining what is an ecosystem. I'm just working a dictionary definition here but we can see that it is a community of interacting organisms and their physical environment so when we adapt this understanding to crypto we can see it's like a blockchain that makes up the possibility of decentralized network and the protocols that define kind of the action space in that network. Then there are organizations that we call DAOs who kind of build and govern these protocols and then we have members that have ownership over these DAOs and contribute to these DAOs. Once we see kind of this raw sketch we can easily notice that the protocols are already interconnected and there is kind of a web-tree term for it it's called DeFi Legos which kind of alludes to the interoperable nature of the protocols in a permissionless network where any protocol can tap into one another's potential and leverage it to build a new service on top of it and by utilizing this composability in a way increases what we can do in the blockchain and we see that also the members are fluid as well they can kind of hold ownership over multiple organizations they can be contributing to multiple organizations at the same time but an noticeable aspect is that the DAOs that organizations that sit in between the community and the protocols are not super connected with each other they are not communicating with each other and we can make the thesis that like protocol level interdependency and the fluid community has yet to reflect itself in interactions between DAOs. Is the problem clearly not the blockchain space is still like thriving but it can enable us to kind of imagine a scenario where all the network participants can come together and unite their forces towards nourishing an ecosystem that they want to see and in a way tap into the indigenous power of the network that they have and this is important to kind of provide an alternative to a recurring pattern that we see in the blockchains which is kind of reliance on traditional institutions that provide the much needed capital liquidity and network and broader resources to these organizations this can be in the form of kind of OG veils that have overweight voting power and capital across key protocols or VCs that kind of have their own logical cooperation and provides these resources for expectation that they have and so this decoupling will become really important especially for regenerative finance projects that are focused on kind of empowering communities and building protocols that have ecology impact focus and they have kind of unique challenges in sense of kind of first determining this logical value and role of profits in organizations like those that don't have any chartered purpose like traditional public corporations where the purpose the finding the purpose and mission of the Dow is much more open to how the community wants to see however the community in a way reflect its will in the voting decisions and its influence over the builders behind these organizations and these are in a way reflected by the capital power or token holders that's ultimately give the verdict there and we also have a question of we mean like refi but what what kind of metrics that we want to use to define regenerative finance projects how do you want to evaluate them and this kind of in a way again refers back to the ESG framework that is often critiqued for it not actually counting the things that matters or it being like super open to greenwashing by corporations and if you want to build an alternative system we of course want to be able to collectively establish a standard that we have the powers to apply for what counts as a regenerative and how we want to qualify projects and there will also be conflicts that's kind of high person the face while working with different protocols in their mechanism designs where you have to kind of make this decision around what kind of impact and how impact you want to create towards how the protocol works and this might sometimes create kind of the needs of the protocol and needs of profit versus the needs of nature or more like needs of ecological impact and how are these semi conflicts navigated what are the powers of influence that impact how these decisions are made are inevitably related to the power relations and power balances that make up a network and then this is why decoupling is super important because we want to if you want to as a community incubate a network we also want to have the powers to decide these fundamental aspects of that of what makes our network what it is and this is enabled through what I call ecosystemic value and we can define it as a value inherent in the permutation space of an interconnected ecosystem it is in a way the occult power of the collective soul of a network that cannot be acted upon that cannot be tapped by a single agent in the system but requires cooperation and collaboration of multiple entities to work together to unleash this value and here in the diagram you can see that as more kind of does belong to an ecosystem the possibility of interactions and the outcomes also increases but these interaction lines can be tapped into only through actually realizing these interactions and in more practical terms it allows us to increase the total resource capacity of an ecosystem and in a way create help in creating resources and needs that would otherwise need to be sourced from external resources endogenously and this allows us to create a more resilient and in the end a sovereign ecosystem that we want to give a couple examples of how it actually works in the interactions we can imagine an indigenous incubation process where those as part of their treasury management strategies can allocate a certain percentage of funding to a common fund that you must as a collective in new projects so that now the project can do the race rather than needing to talk to other actors right and these in true being able to raise from those they can be much more free in aligning goals and missions and then they can also partner with other doubts to create collective liquidity pools that allows them to access to critical liquidity for their tokens to survive and rather than each now spending individually to source liquidity they can use protocols like balancer and symmetric to have one reserve asset that all of them can be connected to and you create a kind of a shared pool to reduce the cost of acquiring the needed liquidity and then we have kind of more broader collaborations that allows them to kind of create adoption and usage and experimentation of their protocol through partnering with these doubts that provide them access to their communities or provide the experimentation space within their organization and also integrations are about kind of when you build a protocol we know that it's going to be interoperable but four or five dollars might be building a protocol that are targeting similar purposes which we see especially in after we tell it mutated articles all about tokens we see kind of proliferation of projects focused on building NFT based non-transferable NFT based the contributor journeys down a treasure management strategies etc but we can already see that those will not be using five six NFTs at the same time even though every protocol is targeting a different aspect of how those NFTs can be used so for example one of the communications that you are trying to do with this project is to establish a common standard to where all the tools that they built can be used as extra add-on modules that can tie into a general framework so that both every project have a space to tap into this value and basically build on top of standard adoption that organizations can adopt and also we have kind of this treasure diversification aspect which you know it's there's still arguments about how correlated the crypto markets are however there's still a case for treasure diversification where dollars in a way exchange tokens with each other and have exposure to each other's success such that there are there's a increased chance of surviving in a bear market when your project is done horrendously but let's say you did 20 token swaps with different dollars across different parts of the ecosystem and there are chances that some of the tokens there are up in value or they they have depreciated less which kind of allows you to have more resources to fund development in dire times and in a way increase your chance to survive and of course these rituals that kind of embed organizations into a conscience of a V of a collective enables the emergence of what is dubbed ownership networks where we see kind of through token swaps that structurally embed exposure to each organization's success we see more willingness to work on these relations work on cooperating we see more reasons for enabling the emergence of joint ventures where kind of because does know that their success is tied to each other in a way they are more kind of keen on working together and this is kind of a strategy that we had primed out have used a lot where before all any of our cooperation with another now we make a token swap and it's like from tribal perspective you can see it as a you know blood packed where it's like a symbolic act of being one together but of course it's also structural in that now we have exposure to each other's success and one of the defining features of crypto networks is creating these embedded incentive structures that incentivize the behaviors you want to see and as I mentioned treasure diversification aspect those can become more anti fragile by increasing their chance of survival survival and you know derivative way increasing the resilience of the network and of course through these rituals of cooperation and collaboration we kind of turn the ecosystem itself into a more positive sum game because you know when we look at it from abstract abstract way what defines the ecosystem as more permanent aspects are the people that are active in that ecosystem and the code that they build which are more eternal than organizations that are at that moment created to kind of mobilize people towards the creation of these protocols and so this is something that we are experimenting in seller network as well so seller blockchain is arguably claims has the biggest claim to become a net blockchain for refi projects because of its focus on developing stack for troubled countries and also it's actions towards creating a blockchain native stable coin that kind of is backed by natural assets and there's an organic emergence of already like there's an organic magnet of refi projects thing about silo and we wanted to use this momentum and what seller offers to partner with key actors in that network to create this collective nourishing of Taos of refi projects that you want to see there and this table is basically kind of list the infos the doubt buildings that prime DA has built and is building so these prime deals primating and prime lunch are already live prime pools is going live in a couple weeks but it this kind of true protocols what we enable for doubts to interact with each other in a crypto native way and how these are kind of boosted by specific partnerships that allows us to join forces and reduce operational costs for each other reduce the kind of coordination costs through enabling of these crypto native protocols and in a way create programs create systems of cultivating refi projects that none of us could have done individually and once we are able to kind of use our power together now we can create our own project nourishing stream right which means for example in prime launch we have this seed module and the greatest bootstrapping protocol that allows us to kind of launch the tokens but we can use this to kind of create signaling mechanisms that match multiple grants or investment programs into one stream allow us to plug our own community into investing so that we source the initial seed seed money for projects internally and digitally and then we have prime rating which operates as a decentralized agency the rating agency that creates a rating frameworks and creates a descent as community that rates these protocols so by distributing ownership of these two different doubts now we can collaboratively create how we want to understand regenerative finance projects and what kind of rating framework you want to implement right and then use this rating framework to make decisions in these different products so we can use this rating framework to judge how well what's the impact that we expect from this protocol and whether that impact unlocks even more funding that we want to support them with in the launch phase prime deals is a negotiation interface and protocol for the interactions right now we are supporting tokenswaps and we want to use this to kind of seed partnerships and intensify the connections between these partners we have done already multiple tokenswaps and it in a way kind of is our biggest tool for diversifying our treasury and establishing this co-ownership network and prime pools will be a liquidity solution for those to aggregate their wanting power together and basically have wanting influence over core liquidity core decentralized exchanges that direct the equity emissions so by by uniting our forces together you know we will have a you will be a block that can direct these emissions that we can support for specific purposes right when we launch a project for example for a certain duration of time we can direct a certain percentage of liquidity towards these newly launched projects that allows us to kind of incubate and boost up them in an easier way before they will need to go to another market maker or they would need to give less favorable more favorable terms to their investors but because we can source internally that emerges out of our cooperation we can actually bring in more ecostemic value there and of course in infrastructure the way we okay I'm realizing I'm out of time this is the conclusion as any once we kind of build these infrastructural protocols we can realize that this permutation space that is put possible by the interaction of these doubts can be realized as an action on the blockchain through the protocols that facilitate them right when you think about the peer-to-peer economy before you can only send money to each other but the emergence of protocols allowed you to engage in very complex financial relations with other agents in the system in a crypto native way and we want to see the same for now to the interactions and we know that we need to build infrastructure work coupled with cultural work to enable this and this is kind of what we are trying to do and this QR code is actually for anyone interested in joining our kind of the refi incubation program that we are going to kickstart soon but yeah that's it thank you