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DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’
20.6.2022
Solana DeFi protocol Solend has passed a governance vote that will see voting times increased to one day
Solana-Based 'DeFi' Lender Solend Goes for Whale Hunting and Backpedals Instantly
20.6.2022
A new proposal put forward by Solana (SOL)-based borrowing and lending service Solend to disapprove the takeover of the protocol's largest account following huge backlash from the community has passed with an overwhelming majority of votes.
The new proposal, dubbed SLND2, asked to invalidate...
Solend invalidates Solana whale wallet takeover plan with second governance vote
20.6.2022
If Solend is unable to take over the account, some believe that it could cause a meltdown, driving Solana’s price to zero
How Tokenomics Might Change in the Wake of the Terra Collapse
19.6.2022
It seems that tokenomics is in crisis. Where before a superficially deflationary monetary system was enough to draw in investors, the Terra collapse and the ongoing downturn have likely had an irreversible impact on the perceptions of traders, who now may think twice before throwing their money...
Revoland Holding IDO on EverStart
18.6.2022
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token...
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
10.6.2022
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022...
Hop Protocol Airdrops Over 20M Governance Tokens
10.6.2022
Layer 2 bridge Hop Protocol has distributed 20.5 million governance tokens to its users as an estimated value of $0.16 per token
Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem
3.6.2022
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE...
Vitalik shows support for Optimism’s governance structure and OP gas proposal
3.6.2022
The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly participate in governance
Optimism token falls 40% prompting calls to bar dumpers from airdrops
2.6.2022
“Why should Optimism Collective continue rewarding these kinds of mercenary actors who will dump their tokens on first sight? Why should any future airdrops reward these addresses?” an OP governance member argued
Optimism airdrop overwhelmed by all-time high demand: ‘Scaling is hard’
1.6.2022
“Wow, what a day. OP Drop #1 had a turbulent launch which we finally stabilized after more than five hours of non-stop work,” Optimism stated
Struggling On-Chain Governance Experiment Tests Itself With New Experiments
29.5.2022
Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder...
Gaming DAO Merit Circle and YGG Caught in DAO Governance Strife
26.5.2022
Merit Circle members want to refund Yield Guild Games' investment and cancel an agreement between the two, claiming there’s not been enough value-add by the gaming guild giant
A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens
26.5.2022
According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been...
Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch
12.5.2022
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. Terra Blockchain Halts in Order to Prevent...
PancakeSwap governance proposal set to cap CAKE supply at 750M
12.5.2022
A snapshot motion issued by the PancakeSwap team received over 11 million CAKE votes since commencement, with the majority of participants favoring the v2 evolution
Anchor Protocol’s Earn Rate Adjusts for the First Time, From 19.4 to 18% APY
7.5.2022
Following the governance vote that aimed to implement a semi-dynamic earn rate for the Anchor Protocol, the decentralized finance (defi) platform’s earn rate adjusted downward for the first time this month. After holding steady with a 19.4% annual percentage yield (APY) since the project...
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
Here Is How to Improve DeFi Governance Using Ideas from Computational Voting Theory
27.4.2022
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’
27.4.2022
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token...