May 2022 Milestones & Deliverables
5️⃣

May 2022 Milestones & Deliverables

Harmony is a community-first, culture-driven project. In our commitment to open development and radical transparency, the team shares peer feedback and performance reviews in public. Beyond a shared mission, we bond over the unique culture of our community. That’s the social change we are spreading to the world.

Our projected spending this month is >$1.58M; as of 5/16, our treasury holds $171M total with $10.5M cash. See key deliverables in our ecosystem:

❤️‍🔥
Team Performance Review & Peer Feedback – Q2 2022

25 Core Team ☁

18 Full Fellows (max 30 hours) 🦒

18 Half-Time Contributors (max 20 hours) 🎤

6 Part-Time Contributors (max 15 hours) 🎤

6 Quarter-Time Contributors (max 10 hours) 🎤

15 DAOs 🌲

  • RPC ($_K) 🐉: _.
  • 🇬🇭 Ghana Unity DAO ($0K): 🚦

10 Major Grantees 🐉

23 Large Investments 🚗

  • Jia 🚗  ($415K): Closing out $4M round, secured go-to-market partners.
  • Mars Colony 🔭 ($250K): Launched ‘Missions’, Launched SpacEx (Mars Colony DEX), Mars Colony Emission Logic Vote.
  • Everse 🔭 ($500K): Full update in June. Currently working on closing first round of funding and platform tokenomics.
  • LootMogul 🎥 ($400K): Almost done with Landsale NFTs, previews include basketball, football, and baseball stadiums.
  • EthicHub 🐉 ($305K): Held 7 events in cryptocafé, GameFi planned w/ Harmony builders, bridge Ethix token into Harmony planned into roadmap.

  • Blue Verse 🏃 ($100k): Base level metaverse with blank avatar and spaceship demo, renderable in browser.
  • MetaBlox 🏃 ($250K): 21.3K active members in Telegram, 39.8% member retention rate in Discord, Confirmed the smart pole project location with the Philippine Government.
  • Night House NFT marketplace ($250k) 🦒: _.

9 Close Partners 🐯

  • MetaSafe 🚗: Announcement of privacy-first security mesh WiFi routers for identity and password management.
  • Scaleswap 🔭: _.
  • ⛈ Slowmist 🛡️ ($0K): No projects this month.
  • Chainstack 🐉: Testnet & Devnet development; signing agreement for Erigon deliverable.
  • Opolis ($0K) 🌲: 0 payrolls, 0 insurance, 0 Subgraph on Harmony mainnet yet.

10 Vendors 🦒

  • Amazon Cloud 🐉 ($437K): AWS Activate offer plan for builders and tech support.
  • Digital Ocean 🐉 ($96.3K): 10-20% discount initiated, reducing footprint.
  • 🦄 Common Prefix 🛡 ($45.9K): Privacy report. Write Auctions security paper, Write Sharding Universal Composability cryptographic paper, Set Telemetry decentralization data collection goals.

  • Braintrust 🐉 ($14.3K): Sourcing continues, 2 hires (Tahir, Sayadi) started in May.
  • Suited 🛡️ ($7.01K): Create go-lang developer, system engineer and test infrastructure engineer shortlist for new hires.
  • FalconX 🎽 ($15.0K): Liquidity services, Institutional sales and introductions.
  • P-Ops 🏃 ($_K, _ total): Testnet.

  • 💫 George Hughes 🛹: Kickoff top music partnership, Engaging producer of approved media campaign for team execution.
  • 🏔️ Bryant Hayward 🎽: Confirm speaking spot at top tier family office conference, Introduction to 5 investors.
  • 📶 Richard Gatchalian 🎽 (from 5/26): Partnership on gaming, business development for investor network, Onboarding applications.
  • 🎹 Sammy Chand 🎽: Finalize 1Music proposal.

5 Events 💃🏻

  • TGI-Dreams 🐯 ($8.80K): 3 tgi-dream events on 5/4, 5/18, 5/25 in Palo Alto. Total 120+ attendees.
  • Permissionless 🐉 ($15._K): 7K attendees, Impact Report completed.
  • TheGraph Hackathon ☁️ ($8.00K): Bronze tier event sponsorship in SF.
  • World Economic Forum (Agenda) 💃🏻 ($1.5_K): 2,500 participants, 1 fellow attendee.
  • June War Mode 💃🏻 ($12.0K): 19 core, 5 fellow, 9 contributors, 3 on-site lunch & dinner.

Top Metrics 🦒 (as of 5/23)

  • Accounts 🎸: 218k daily active, 830k weekly active, 3.21m monthly active, 234k total, 83.1k with nonzero balance.
  • Monthly Active Users ☁: 164k total, 81.3k on DeFi Kingdoms, 16.0k on Prime, 11.4k on Viper Swap, 11.4k on Tranquil Finance, 7.04k on bRing Finance.
  • 1Wallet mobile (demo) ⏳: 236 weekly active users, 699 monthly active, _ with 100 ONE tokens, 890 total, 3.16K waitlist, 634k total ONE tokens, 42.1k staked ONE tokens, _ weekly actions per user.
  • 1Wallet web (demo) 💻: 23 weekly active users, 66 monthly active, 165 with 100 tokens, 1146 total, 516K ONE assets, 42.1K staked ONE tokens, _ weekly actions per user.
  • Gnosis Safe 🎸: 1304 safes, 137m ONE assets, 2.39k unique signators.
  • Monthly DeFi Trades (39k users) 🦒: $210M total, $57.8M DeFi Kingdom, $56.5M Tranquil, $36.0M Sushi, $7.89M Aave, $3.35M Curve.
  • Monthly NFT Sales (294 active artists) 🦒: 3.60k total, 230 MAD, 9.22k NFTKey, 1.90k DeFira, 0 Blueverse, 0 Evoverse.
  • Monthly DAO actions 🌲: 36 multisig safes, $29.8m assets, 996 votes, 2.26k users.
  • Fiat gateway volumes ☁: _ Moonpay, _ Transak, _ Ramp, _ Simplex.

  • Applications 🏏: 87 on mainnet, _ on testnet, _ via $50.3m grants, _ hackathon projects.
  • Ecosystem Development 🐉: _ code commits, _ testnet deploys, _ mainnet deploys, $_ grants, $_ investment.
  • Services (RPC) 🏃: 600M daily requests (_% spams), 21K peak requests per second, 20ms response time, 99.99% uptime, 80% utilization.
  • Network 🛡 (Shard 0): 717m total transactions, 705m non-transfer transactions, 2.16 average block time.
  • Network 🛡 (Shard 1): 20.4k total transactions, 2.01k non-transfer transactions, 2.01 average block time.
  • GitHub 🛡: 63 contributors, 262 forks, 1.41k stars, 32 pull requests, 20 monthly commits.
  • Explorer 🏃: 2.3_m pageviews, 121k visitors, 0.76s load time.
  • Staking Dashboard 🏃: 378k pageviews, 46._k visitors, 0.38s load time.
  • ONE names ☁️: 5,104 total, 63,332 ONE sales.
  • ETH Bridge 🏏: $288M assets ($1.03M ONE, $13.1M USDT, $69.3M ETH, $23.1M BTC), $57.5k fees on Ethereum.
  • BTC Bridge 🏏: $4.21M assets , 34 active vaults, 126 monthly users, 564 total.
  • Horizon Bridge 🏏: $106.5k assets on testnet, $0 Layer-2 fees.
  • Network Staking 🛡: $280M (5.42B ONE tokens), 292 validators (159 elected), 25.3K delegators, 280 undelegate.
  • $ONE Price 🎽: High $0.085130, Low $0.037975, Average $0.056783.
  • Website ☁️: 227,317 visits, 168,383 uniques, 1.38 pages/visit.
  • Mailchimp ⚽: 29,377 subscribers, 57,778 opens.
  • Twitter ⚽: 401k followers, 2.14M impressions per 1M profile visits last 28 days.
  • Instagram 🎬: 5,067 followers, 11,000 accounts reached.
  • Youtube 🎥: 18,457 subscribers, 26,937 monthly views.
  • TikTok 🎬: new account from 5/30.
  • Facebook: 9,122 page likes, 5,532 page reach, 3,934 Post Reach, 1,030 Post Engagement
  • Discord, Reddit, Telegram 🔭: 22k members, 54k members, 41k members.
  • Dev Telegram 🏏: 818 total, 71 online.
  • Reddit r/harmony_devs 🏏: 768 total, 4 online, 3 posts, 24 replies.

  • Treasury ($171M total, as of 5/16) 🎽: 2.61B total (1.70B unlocked + 0.92B locked) ONE tokens ($130M), $6.72M USDT + $2.93M USDC + $688K USD, $1.11M DeFi assets, $2.13M NFT assets, $1.22M on liquidity pools, 9.27M shares of GameFi assets ($26.0M), $6.04M exchange marketing budget (104M ONEs + 2.80K tokens).
  • Amortized monthly cost ($1.58M total, 71 Persons, 63.5 Full-time, $662K payroll) ☁: $367K for 25 core (10 eng + 15 biz, 15 weekly in Palo Alto, Peter/Essa monthly) ☁, $132K for 15 fellows (10 eng + 5 biz) 🦒, $163K for 18 + 6 + 6 contributors (4 eng + 26 biz) 🔭, $_ for _ DAOs 🌲, $_ for _ $100k+ grantees 🐉, $5.08M for 22 $100k+ investments 🚗, $_K for _ partners 🐯, $_ K for 10 vendors 🦒, $50K for 5 events 💃🏻, $48.8K others ($9.00K office, $12.9K accounting, $6.13K tax, $15.8K legal, $5.89K website/email/notion hosting) 🎤.

  • 25 Core team: 💙 🛡 🏃 🎽 🏏 - 🌻 🛹 🎸 🌲 ☁ - ⚔ 🚗 🐉 🎥 ⚽️ - 🔭 🎬 ⛵ 🎤 💃🏻 - 🛰️ ⛓️ 🦒 🐯 🪙
  • 9 Leadership (the numbers of core teammates + fellow/contributors + grants/DAOs/investments under management): Rongjian🛡 3+1+5, Leo🏃 1+6+2, Li🎽 5+1+10, Ganesha🏏 4+5+0, Peter🛹 0+0+4, Sam🌲 0+5+5, Giv☁️ 5+2+5, Jack🐉 1+2+15, Daniel🔭 1+5+5.
  • 9 Mentors (fellow/contributors + grants/DAOs/investments under management): Matt🎤6+2, Adrian 🎥 3+2, Yuriy🌻 1+0, Essa 💃🏻 4+0, Soph ⚔️ 1+0, Boris 🚗 1+0, Brian🦒 2+0, Jenya 🎸 1+0.

ℹ️ Guidelines on Writing Monthly Deliverables
  • Absolutely no acronyms, so readable by most of the team (and as many in the community).
    • Avoid generic words like fixes, improvements, prep, follow up, optimize
    • Delete redundant words: complete, deliver, publish.
  • Verifiable on completion % by end of the month.
    • Use absolute numbers (not relative percentages).
    • Add a 30-second video as developer screencast or product demo.
  • Use up exactly two lines: write out specific examples in parenthesis like (?? & ??), list two key features; use formal writing and proper sentence casing.
    • Link to public docs (Notion/GitHub/Forum) for each of the 3 items.
    • Read and learn from the best in the rest of the docs.

📆 Deadlines on Writing Monthly Deliverables
  • 4/29 fri: write May deliverables with manager review
  • 5/2 mon: report May deliverables during All Hands
  • 5/23 mon 2pm: locked for managers only
  • 5/31 tue: immutable, email “below expectations” for performance & bonus