Are you $DOWN to Flock?

GM Anons!

First things first, HAPPY MERGE! We did it! It may not seem like it's all that exciting, but realistically Ethereum (and therefore all of us, as a decentralized community / co-owners of the network) accomplished the most significant technological upgrade since the world's computers had to update to a new century at Y2K. And if you're old enough to remember the sheer terror felt across the world about what that one critical moment would bring, that's a pretty big deal.

This issue of the $DOWN Debrief is brought to you by:

$DOWN Updates

Alright, let's get into it, as there's a lot to cover and probably at least a couple more memes.

(not necessarily in this order)

• Discord

• Lending/Borrowing

• $DOWN FM Radio

• Pitch Deck

• New website

• DEX

• DOGE

• LP Change

• Feral Hogs

• Unspiration

• Bonds

DISCORD:The discord server for the $DOWN Vault token and the $DOWN DAO are now live. The channels and roles need to be configured somewhat yet; but if you want to join in, feel free. **BONUS** Soon you can apply for (or use $DOWN to reserve) a custom discord.haus/(server) link!LENDING POOLS: Though currently live on v.1, there isn't a very deep pool; a problem that will be solved by the release of the Unilend v.2 platform, through which anyone will be able to provide collateral with $DOWN to borrow (or lend) stablecoins and other assets.

$DOWN FM RADIO: We're creating what we believe to be the first Web3-native internet radio station. You'll need to hodl 1000 $DOWN to get past the token-gate, but once you do, you'll be a part of the first Radio3 station's governance and expansion; able to participate in things like playlist curation, podcast guest appearances, indie music listings from Web3 native creators, and displays of curated NFTs.

PITCH DECK: We realize that many of you won't have read pitch decks before, or feel like its pointless task if you're not a large-scale investor, but it thoroughly covers the $DOWN Vault token and the $DOWN DAO, their missions, initiatives, mechanics etc. There's even a cool flippable version, because we're cool.

NEW WEBSITE:Soon, we'll be publishing the dedicated website for $DOWN and the $DOWN DAO; which will link out to all of the active quests, bounties, docs, etc. associated with the $DOWN token and the ecosystem we're building around it to perpetually accumulate value for both the hodlers and for the tokens' backing / dao treasury.

$DOWN DEX?Yes, you read that correctly. There's an opportunity to launch our own in-house dex, which would enable the $DOWN DAO to earn from all trades of any pair supported by the DEX, as well as deploy custom yield farms in-house. As a comparison; the Olympus DAO's popular bonding mechanism benefits the DAO by accumulating POL (protocol owned liquidity) that earns fees from trades through that liquidity pair. WIth the $DOWN DEX (should it be integrated) the $DOWN DAO would gain the benefits of a miniscule fee; present across all pairs on the DEX. FERAL HOGS:If you were on Twitter in 2019, you're likely to remember the 30-50 feral hogs memes. If you weren't, suffice it to say someone went viral on twitter for responding to a discussion about AR bans by posing the question of an alternative solution to the 30 to 50 feral hogs that would charge into his yard while his kids try to play. There was memes galore, song parodies and a to-be-expected amount of roasting. Until some time later when US wildlife officials issued a warning of the imminent danger if "large packs of feral swine seen approaching the US border at Montana" weren't dealt with. Anyway, memes are great, and we all need a bit more whimsy in our lives. Especially in this market. So, we're bringing 3250 (read: thirty to fifty) Feral Hogs to the Eth network as NFTs. Every $DOWN holder will be whitelisted for a free mint, and every Feral Hog will double as your membership to the Yard Club. More info soon.

LP SHIFT:As a part of our commitment to care about the planet and whatnot we've had an open liquidity pool, and LP staking rewards, for the $DOWN/$BCT pair on Polygon. ($BCT is tokenized carbon-credits). This pool is being replaced with a $DOWN/$KLIMA pair (likely to be $wsKLIMA). This creates a more effective pair, based on $KLIMA's bonds and carbon credit retirement system; so you'd essentially be farming yield by reducing carbon emissions. Neat-o.

DOGEchainhas been a runaway success. It's my personal belief that the $DOWN DAO stands to benefit from one of the following actions: A: Extend $DOWN to DOGEchain - If not familiar; DOGEchain is a Polygon Supernets chain, which utilizes bridged $DOGE ( denominated as Wrapped $DOGE, or $WDOGE ) as the native token to pay gas and other related fees. B: Deploy a "fork" of $DOWN, with 35-75% of the token supply held in the underlying vault; as a memecoin (with dividends paid to the $DOWN Vault/DAO)

$DOWN BONDS:Inspired by the $OHM bonding protocol; we've designed an NFTs-as-bonds system that we're rather excited to release relatively soon, a full announcement regarding the $DOWN Bonds is available on Mirror, and available as an NFT; the purchase of which is paid to the $DOWN DAO treasury.

And last, but most certainly not least... but probably close, really.

UNSPIRATION:We get it. Sometimes life is crap. And sometimes, you just want someone to acknowledge its crap-ness instead of insisting that "it'll get better" or "WAGMI" or other feel-good nonsense.That's why we made Unspiration NFTs. They're exactly like PFP's except a lot more like inspirational quotes and nothing like PFPs.

**BONUS ALPHA**

Thanks for reading the newsletter frens! Within the next couple of weeks (probably when you get the next issue of the $DOWN Debrief) we'll be initiating a giveaway of 1000 $DOWN and a valuable NFT; available to anyone providing liquidity for $DOWN at the time of snapshot; with details to be announced when the giveaway goes live!