Search
DAOs cash out tokens amid rising prices: Strategic shifts unfold
16.4.2024
In the setting of the volatile market of digital currencies, it is time for many DAOs (Decentralized Autonomous Organizations) to collect funds by organizing token sales with the aim of improving their finances and devaluation of their tokens. This alteration in strategy is because many...
MultiGov Launches as First Multichain Governance System Across Solana, Ethereum, and EVM L2s
9.4.2024
The Wormhole DAO will be initiated to acquire MultiGov by enabling W holders to create and vote on executive government proposals for any supported chain. This integration is coming under an innovative governance model by marking a significant transfer towards the significant inclusive...
Ether Rallies to $3.6K as Bitcoin Holds Steady at $71K
9.4.2024
Liquid staking tokens like Lido, Rocket Pool, and ether.fi follow ether's gains
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
ParaSwap DAO unveils innovative buyback strategy to Optimize Governance
4.4.2024
ParaSwap DAO, a decentralized autonomous organization (DAO) governing the ParaSwap decentralized exchange (DEX), has introduced a groundbreaking buyback approach to optimize governance and incentivize token holders. A protocol’s ability to maximize efficiency and optimize operations...
MakerDAO could allocate $600 million worth DAI to USDe and sUSDe
2.4.2024
MakerDAO is considering allocating DAI to a value of $600 million. The allocation will be to USDe and sUSDe via Morpho Labs. The allocation could go as high as $1 billion worth of DAI tokens. The objective is to enhance the TVL growth of Ethena Labs. Notably, the proposal is under consideration...
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...
DAO Treasuries See Over $20 Billion Growth in 4 Months Amid Crypto Market Boom
25.3.2024
Four months ago, a total of 179 decentralized autonomous organizations (DAOs) boasted treasuries exceeding $1 million or more each. As of today, this figure has climbed to 211 distinct DAOs meeting the same criteria. Furthermore, since Nov. 1, 2023, the collective value of DAO treasuries...
YakDAO to be positioned on TokenFi’s Launchpad
20.3.2024
YakDAO, an internationally acclaimed recreational property DAO, will position its long-awaited token on Tokenfi’s decentralized Launchpad. This is slated for the 28th of March, 2024. The first token raise of YakDAO was on TrustSwap’s Launchpad, with subscriptions surpassing the expected by 1,200%....
MANTRA Chain Raises $11M for RWA Tokenization with Middle East Tint
19.3.2024
Paul Frambot, CEO of Morpho Labs, on DeFi 2.0, Modular Layered Protocols, and The Next Evolution of DeFi | Ep. 318
15.3.2024
Morpho Labs CEO Paul Frambot discusses how the four co-founders raised millions for Morpho, what changes to DeFi the protocol aims to bring, how he envisages the next phase of DeFi, why the Morpho team opted for a minimalist approach, contrary to the current DeFi trend, and why DAOs are not suited...
Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders
11.3.2024
The Uniswap community has rejected a governance proposal that aimed to introduce changes to the platform's fee mechanism, including allowing the distribution of revenue to token holders.
The post Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders appeared...
MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns
11.3.2024
BA Labs submits an emergency rate adjustment proposal in the MakerDAO forum to raise fees, aiming to stabilize DAI against market turbulence and shrinking reserves.
The post MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns appeared first on Cryptonews
Wyoming Grants DAOs New Legal Structure
8.3.2024
Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an "oasis."
oSnap integrates with Tenderly to provide transaction simulation
7.3.2024
oSnap has incorporated Tenderly’s Simulator feature, which allows users to preview transactions before publishing a proposal. oSnap was released in 2023 and has rapidly grown in the DAO ecosystem. oSnap enables DAOs to implement governance voting outcomes on-chain in a distributed manner....
Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
6.3.2024
Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting
USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets
4.3.2024
First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al
ENS and Manifold Finance Reach Settlement Over eth.link Domain Dispute
27.2.2024
Ethereum Name Service (ENS) developer has agreed to settle with Manifold Finance over the ownership of the eth.link domain.
The post ENS and Manifold Finance Reach Settlement Over eth.link Domain Dispute appeared first on Cryptonews
Gauntlet Withdraws From Aave Partnership, Citing Governance Challenges
23.2.2024
Gauntlet has decided to withdraw from its role as Risk Steward for Aave, pointing to governance and operational challenges as the main reasons. This announcement marks the end of a four-year collaboration that has helped in growing Aave. Gauntlet Ends Partnership With Aave Due to DAO Disputes...