Review Smart contracts (completed) Dapp specification (completed) Design frontend ui (completed) Development of frontend ui (completed) Transaction building code (in progress) Upgrade Fracada v1 contracts to utilize reference scripts and inline datums
https://adao-fracada-dapp.vercel.app/

Review/research currently available Smart contracts (completed) Creation of open source repository (completed) Publish high level specification https://github.com/ADAOcommunity/cardano-vesting-dApp Team has been formed and work/action iteams delegated to the team consisting of: -Tom TCT (ADAO/Summon) -Darlington (LidoNation) -DZ Codes (ADAO/Summon -Eric Helms (SCAT DAO) -Riley Kilgore (ADAO/Summon) -Rodrigo (ADAO/Summon)

Finished frontend for fractionalization Dapp added Cardano logic added cbor for scripts add-loading-and-timeout-states FracadaAction.tsx Completed integration work for conecting Fracada Contract to frontend Internal audit of and testing of contracts https://github.com/ADAOcommunity/fracada-dapp

• Migrate to Vasil hard fork

• Implement page to add new scripts

• Add tests for exporting and importing user data

• Improve tx submit

• Fetch UTxOs everytime

• Improve signing buttons

• Improve notification

• Improve submit-api

• support cardano-submit-api

• Add submitAPI config

• Improve submitting error message

• Set wallet in useEffect

• Add Wallet Info to home page

• Extract Transaction Review Button

• Get the minimum of required ada for recipients

• Validates transaction message

• Replace address list with key hash map

• Improve treasury creating

• Prevent address from wrong network creating treasuries

• Remove period

• Forbid address from wrong network creating transaction

• Validate address in recipient

• Reuse isAddressNetworkCorrect

• Switch cypress test to testnet on Github

• Stop show error when there is no address

• StakePool search and delegation key signing

• Key derivation (ability to generate and store Keys in RoundTable v2)

** https://round-table-testnet-develop.vercel.app/ ** RoundTable is live on on testnet (preview) Upgraded CML to support multi-sig staking; Created and maintaining cardano-utxo-wasm to improve the UTxO selection; Upgrades and bug fixes of RoundTable to support the new hard fork; Rewriting transaction making components to use cardano-utxo-wasm;

1. Moved development network to Preview, Graph Ql provided by @Darlington Kofa [lidonation]
2. Implemented multi-sig delegation
3. Fixed the timelock issue

As expected, Nami is not able to sign the multi-sig delegation TX from V2 (same issue w/other wallets) We'll have to issue support tickets to them. On the other hand, instead of depending on other wallet projects, we think RT should support key management on its own. This will also make RT a ''wallet'' literally which is able to work on Firefox and Safari besides Chrome. Current GraphQL query for stake pools is inadequate, It cannot sift the retired pools out. We intend to make a service for pool ranking and indexing. I imagine we can make one with Scrolls/Carp and Redis.

Review/research currently available Smart contracts (complete) Creation of open source repository
Publish high level specification Publish internal ADAO bounty proposal for this specific project

Upgraded CML to support multi-sig staking; Created and maintaining cardano-utxo-wasm to improve the UTxO selection; Upgrades and bug fixes of RoundTable to support the new hard fork; Rewriting transaction making components to use cardano-utxo-wasm;

Proposal status: Review Smart contracts (completed) Dapp specification (completed) Design frontend ui (completed) Development of frontend ui (completed) Transaction building code (in progress) Upgrade Fracada v1 contracts to utilize reference scripts and inline datums
Written & video docs

Establishment of Swiss association: completed Establishment of Multi-sig account (on-chain): completed Establishment of association account (off-chain): completed Draft association bylaws: completed
Acquire Swiss legal counsel: completed Acquire US legal counsel: completed Website design, hosting provider, frontend stack: completed Draft Summon Lite-paper, business model and pitch deck (private release): completed Public release: on track early July ADAO/Summon Stake pool registered on Mainnet: completed Summon platform Smart contracts: Code complete Summon platform off-chain integration SDKs ect.: on track for completion late July

In order to accomplish the goals set forth in the proposal (and with advisement from our attorneys and legal engineers) we have hired local counsel (DR. Sothy) and set up a "Swiss association" as opposed to a "Liechtenstein foundation". The costs associated with this are the same as outlined in the original proposal. Association escrow & accounts= 30,000.USD Hire local counsel, set up legal entity, registration and compliance= 10,000.USD (Receipts are available upon request)

With this we have accomplished the following. -Formation of "ADAO-Summon" Association, Directorship for one year, 3rd Party Communications for one year, Registering Association in Commercial Register, and establishment of swiss association bank accounts. Summon development team has been retained and already working on MVP (launch date estimated ~Late August, 2022) Partnership agreement with Genius yield & Genius x accelerator program for access to industry leading UX/UI and branding marketing experts. On-chain contracts code complete, integration underway and on-track.

Next steps: Fund and continue integration and Web development work, organize and fund marketing branding campaign, refine and publish current internal "whitepaper" for the public. Launch and calibrate summon platform infrastructure.

Estimated expenses for June, 22: 12,000.USD

On track to establish swiss based company and foundation, Prototype for the SUMMON DAO creation platform under development, MVP to be released August, 2022

https://github.com/ADAOcommunity/round-table DApp is in production on the Cardano blockchain. ADAO community along with other community members and SPOs plan to host and continue development indefinitely.