Aave Founder Accused of Vote Buying with $10 Million Token Purchase
Co-founder of Aave criticized for $10 million token purchase: community believes the goal is to gain votes for a contentious proposal.
Aave Founder Accused of Vote Buying with $10 Million Token Purchase
Co-founder of Aave criticized for $10 million token purchase: community believes the goal is to gain votes for a contentious proposal.
Uniswap to activate protocol fees and burn tokens
Hayden Adams, the founder of Uniswap, has unveiled the final version of the UNIfication proposal for protocol governance. The initiative will activate the 'fee switch.'
Hyper foundation proposes $1 billion HYPE token burn
The non-profit Hyper Foundation has proposed to recognize the HYPE tokens held in the Assistance Fund as burned and permanently remove them from the total supply.
Solana Rises 6% Following Vote on Major Network Upgrade
The price of Solana surged to $214.57, marking a 5.9% increase over the past day, amid voting on a major network upgrade.
HTX DAO Launches On-Chain Voting on TRON for HTX Token Holders
On April 9, the decentralized autonomous organization (DAO) HTX DAO introduced an on-chain voting mechanism on the TRON blockchain. Now, all HTX token holders can vote on any active proposals on the DAO’s website, according to a press release. Representatives of the HTX crypto exchange state that HTX DAO will soon expand the scope of […]
Vitalik Buterin Highlights Two Challenges for ‘Network States’
For the concept of ‘network states’ to become viable, two primary issues must be addressed: governance and membership. This was stated by Ethereum co-founder Vitalik Buterin. Speaking at the Network State Conference 2024 in Singapore, he noted that a ‘network state’ involves uniting an online community into a physical entity with the aim of achieving […]
Starknet Unveils Gas-Free Voting Protocol
The developers of the L2 project Starknet have introduced the Snapshot X protocol, built on its platform. It enables on-chain voting without gas costs, reports Cointelegraph. This initiative aims to facilitate governance in decentralized organizations with reduced expenses and enhanced security. “Those eligible to vote in DAOs will no longer have to pay gas fees […]
Mango DAO Agrees to $223,228 SEC Settlement
The governing body of the DeFi platform Mango Markets, Mango DAO, held a vote on a pre-trial settlement of claims by the SEC, which accused the project of violating U.S. securities laws. A quorum of over 106 million votes unanimously supported the payment of a civil penalty of $223,228, the burning of MNGO token reserves, […]
Compound Community Suspects Governance Attack
The DeFi liquidity platform Compound Finance approved proposal 289, but the project’s community has raised suspicions of a potential “governance attack.” The initiative involves allocating 5% of Compound’s treasury (499,000 COMP tokens valued at approximately $24.1 million) to the yield protocol GoldCOMP, developed by the Golden Boys team. The proposal passed by a narrow margin […]
BNB Chain Initiates Public Vote on BEP 341 Proposal
The BNB Chain ecosystem has announced the commencement of a public vote on the BEP 341 proposal, aimed at enhancing the efficiency and security of the BNB Smart Chain blockchain. BEP 341 proposes to increase transaction throughput through consecutive block production. The proposal also includes changes to the distribution of transaction fees to mitigate MEV […]We use cookies to improve the quality of our service.
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