Bread Cooperative (@breadcoop) header
Bread Cooperative (@breadcoop) profile picture

Financial tools today. Solidarity forever. We are a worker collective building tech. Bake BREAD and fund alternatives: https://xitter.twitterapi.xyz/t.co/Dtbt9mzw1l

Global
Joined May 2020
Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)Photo by Bread Cooperative (@breadcoop)
Hello Breadfam! $BREAD Distribution Cycle #26 is in. 1,999 $BREAD went out to our eight member projects, up from 1,427 last cycle thanks to a longer window for yield to build up. Full newsletter in our bio, a thread for the greatest hits.
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**Security notice** Between Nov 1 and 5, two GitHub accounts were used to force-push malware into BreadchainCoop repos. Don't clone, pull, open or run any Bread repo until we give the all clear. If you have since Nov 1, check your wallets and watch our Discord for steps.
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If you touched our code since Nov 1, check your wallets and rotate your GitHub tokens and passwords from a clean device. We'll never DM you asking for a seed phrase or to "verify" a wallet. Anyone who does is a scammer.
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🍞 🍞 🍞 EEZ 🍞 🍞 🍞
Next Spring @GnosisChain will relaunch as an Ethereum Economic Zone. It will be the first of a new kind of rollup. Still with app-chain cost, speed, and scalability, but also synchronously composing with @ethereum. We're calling on protocols and applications to see what that unlocks for you. Check out the demos that @etheconomiczone just shared (in QT). For us, it's been a journey. And now we're coming home. It's time to make it EEZ.
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Replying to @allmodelsRwrong
@allmodelsRwrong i wrote up a temp check for a @gitcoin x @breadcoop collab: an artizen-inspired crowdfunding app people can actually trust. we'd keep the fun parts (up to 4x match, leaderboards, fiat ux) and rebuild what sits underneath: - match on-chain + visible before a round opens - match funded only from yield that already accrued - principal locked in a permanent fund - no single person can stop payouts - round rules in the contracts, changeable only for future rounds thousands of ppl just learned what matching feels like, then what losing it feels like. i'd love to catch them while they're still energized. you've lived this harder than i have (bread got caught in it too). where's the design wrong, and what would the mvp need for you to trust it with your own community? gov.gitcoin.co/t/temp-check-…
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Every month, yield from baked $BREAD gets split two ways. 50% goes equally to all eight member projects, and the other 50% goes where $BREAD holders vote. Cycle #27 is already live, so get baking. @citizenwallet @crypto4commons @gardens_fund @RegenCoordinate
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Also in this edition, @owocki has posted a temp check for a @gitcoin x Bread collab, an Artizen-inspired crowdfunding app with matching that's onchain and funded only from accrued yield. It's early days, so come share your thoughts. Newsletter at the link in bio.
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Bread Cooperative retweeted
For just $9.58... You can own @breadcoop's community message banner featured on fund.bread.coop/governance Just launched, with its first views logged today 🚀
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Bread Cooperative retweeted
two frontiers im pondering as we quietly lay tracks for @gitcoin next chapter 1. syntropic financing 2. consumer adoption syntropy is the tendency of living systems to organize toward greater order, energy, and complexity over time. eg a forest doesn't just sustain itself, it gets richer over time. richer (in the context of nature) = more soil, more species, more energy turned into resilience each season. syntropic financing asks what capital would look like if it behaved the same way. money that leaves every system it touches more alive than it found it, where the returns are measured in the health and growth of the whole. consumer adoption is how that reaches the world. the primitive only matters if ordinary people touch it through products they'd already choose, no ideology required. get both right and you have an engine that grows the system and an on-ramp wide enough for everyone to climb aboard. I think in 2019-2022 @gitcoin was a leader in both. QF is a small glimmer of what syntropic financing can be. and @gitcoin was one of the first consumer dapps ppl used. I think that in 2027+ it is possible we could do it again at a larger and more holistic scale - tho success is not guaranteed, this is an aspiration and a target, imo we are well positioned to take another shot.
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Bread Cooperative retweeted
If you're interested in constructing something new out of the situation then I suggest checking out the showcase I made for a new on-chain and auditable version of what Artizen was trying to do that I've been building using the @breadcoop stack tbsoc.github.io/pastry
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Our webinar with the Democratic Tech Fund is up. Wouter Tebbens on DTF's crowdfunding platform launching 29 Oct at MozFest, plus @allmodelsRwrong with a sneak peek of a Bread x DTF fund on the $BREAD model. Hosted by @bertmangil, watch the full session at the link in bio.
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Bread Cooperative retweeted
For those affected by the Artizen situation, I'm happy to share a showcase that I've been working on built on the @breadcoop stack as an alternative to get feedback. tbsoc.github.io/pastry/ How it works: - Deposit and get pasUSD, pasEUR or pasETH. You can always redeem them 1:1 for the underlying token - The yield from those deposits generates matching funds - 10% of every donation goes into a wealth fund that permanently earns yield, so the matching pool compounds over time - Curators run funding rounds and choose which projects to include - Points from donating, inviting others and using the app let you steer each season's yield split between funds and projects - The core model already works in production with @BreadCoop for over two years. We've given over $60k in funds through our Solidarity Fund. There are plenty of technical decisions to be made but I first want to validate that this is something people want. We'd be happy to lead the development if people are positive.
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A quick thread on @Artizen and its ceasing of operations yesterday. Bread and many creators in the onchain public goods space are owed significant funds, and the only point of contact left is an AI agent called Venus.
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Matching funds won't come, and refunds have been promised minus fees. If you contributed, make noise. Their tweets are protected now, so mention them, repost and screenshot. We'll be following up the whole way.
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If an APY looks too good to believe, it probably is. The Solidarity Fund runs on the Sky Savings Rate, with a treasury anyone can verify onchain and two years of steady distributions behind it. Full newsletter at the link in bio.
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Bread Cooperative retweeted
Exactly, our payouts are onchain. Transparent and resilient. Check out fund.bread.coop Find out how we generate funds and distribute them.
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Bread Cooperative retweeted
Currently working on an Artizen alternative using the @breadcoop stack. Let me know if you're interested!
Sad to see @Artizen fumble. And so many affected. To be honest the alternative has been the solidarity Fund all along. It’s the most boring mechanism but stable. Apply to become part of the @breadcoop network at Bread.coop. No magic returns. No funds locked.
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Bread Cooperative retweeted
* All Models Are Wrong is: allmodelsarewrong.online/p/b… “Technology is never just technology. All Models Are Wrong examines who controls and benefits from these systems and how they might be organized differently.” The new project by Joshua Davila (and the @breadcoop ?)
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Bread Cooperative retweeted
At @breadcoop we've been building Etherform, a CI/CD standard for smart contracts! Check it and help support it on @thedaofund initiatives.thedao.fund/init…
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Bread Cooperative retweeted
After 7 years, The Blockchain Socialist has ended but today, its rebirth begins: All Models Are Wrong AMAW examines who controls and benefits from technological systems, and how they might be organized differently. 🧵
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