News
The SuperRare DAO has successfully passed proposal SIP 6011, titled "Fund Ongoing Network Engagement Rewards (SIP 6011)", according to an off-chain vote that concluded 6 hours ago on July 27, 2023. The proposal aims to allocate around 60.60 million RARE tokens to fund network participation incentive programs that will
Accepted
Aave's upcoming launch of its GHO stablecoin reeks of greed and lack of imagination. Just what the oversaturated stablecoin market needs – yet another corporate clone diluting adoption. Rather than true innovation, GHO represents harmful centralization and money supply inflation. Aave claims its new Ethereum-based GHO stablecoin offers enhanced transparency and
News
On June 12, 2023, the 1inch Hardware Wallet proposal was approved for completion. The project has been coordinated with the 1inch core team and seeks funding of $2 million to complete the product trade version (PTV) of the 1inch hardware wallet. The grant will allow the team to finalize product
Proposals
News
Olympus DAO has ratified a proposal seeking to establish a new framework for its DAO treasury. The recently passed OIP recommends a maximum protocol exposure of 60%, as well as an asset mix of 75% stable and 25 volatile asset combinations. “OIP-137: Treasury Framework” was approved on Friday, after receiving
On Friday night, the DAO passed a proposal seeking to sunset its Ethereum and Solana referral programs. The decision takes effect on April 15, 2023. About two weeks ago, a member of the Lido community known as @frontalpha began talks about retiring both referral programs. The author started by reminding
Proposals
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Delegating voting has become common practice in decentralized autonomous organizations (DAOs) as a way to streamline decision-making and encourage community participation. In line with this trend, the vote delegation protocol, Butter, has proposed a three-month incentivized delegate program for Aave DAO to explore the impact of incentives on various aspects
Opinions
A look at the critical role of treasury diversification for DAOs in regard to their long-term success and stability in the crypto ecosystem.
Weeks after raising $4.1 million from a host of investors, including pharmaceutical giant Pfizer Ventures, VitaDAO has approved a proposal to create VitaTech, a US-based for-profit company that will secure and distribute funding for longevity research. Voting on the proposal ended on Wednesday evening. Details on Snapshot show that
The dYdX community is poised to take its governance discussions elsewhere in a bid to improve community participation. On Tuesday morning, the DAO approved a proposal that sought to dYdX’s governance forum from Commonwealth to Discourse. According to the author of the proposal, Immutable Lawyer, Commonwealth was not the
On April 20, BitDAO will begin transitioning from its current dynamic exchange-linked Bybit Contribution to a fixed-schedule amount. The process, which will happen over the course of 48 months is expected to increase the stability and predictability of $BIT tokenomics while prioritizing product and user growth. The BitDAO Improvement proposal
Proposals
The DAO has passed a proposal that formally recognizes the operations of its Governance Department. 800,000 BANK tokens have been earmarked for the creation and funding of the new unit. The Snapshot vote approving the creation of the governance department ended on Tuesday morning. Approximately 75% of the voting
Discussions
A look at proposals popping up in various DAOs that received an ARB allocation from the Arbitrum Foundation
Proposals
The recently approved proposal is aimed at establishing Stargate’s position as the go-to bridge in emerging ecosystems while securing its market share. Earlier this week, voting on a proposal seeking to launch the Stargate protocol on four new chains ended. The voting round received over 92,000 votes, with
Proposals
Earlier this week, the Friends With Benefits (FWB) DAO approved its budget for the next three months. In addition to some major system upgrades, the DAO will build a sustainable revenue model. The proposal was approved on Monday evening, with 93.7% support from the voters. The approved budget for