ECORISE is a revolutionary blockchain project that has directed the attention of decentralization towards ecological sustainability. The project has developed a land-based stablecoin known as the ECO ...
Tag: Governance
Beanstalk Farms: Fraudster exploits worth $182M due to governance exploit
TL;DR Breakdown A governance flaw has led to a big exploit in the collateral of the Beanstalk Farms. The malicious actors took benefit of the possible breach in the collateral system, wiping it. The d...
Exploit in DeFi Governance protocol at Beanstalk Farms resulted in $182mn loss
Initial probing showed the exploitation took place at its own governance proposal system after which turned out in capital loss Fraud and exploitation in any industry including crypto space results in...
Beanstalk Farms Loses $182M Through Governance Exploit
Beanstalk Farms became the latest high-profile Decentralized Finance (DeFi) exploit as malicious actors exploited the protocol’s governance system to extract all of its collateral. A Sinister Governa...
Beanstalk Farms loses $182M in DeFi governance exploit
Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack. The problem for the...
Lumenswap builds infrastructure to improve user’s governance on Stellar
Lumenswap, a Stellar-based decentralized exchange, is excited to announce its DAO service, allowing projects to bring full democratization functionality to the network. Lumenswap’s DAO aims to provid...
Oraichain Debuts the OraiDEX, alongside a Native Governance Token and Staking Program
Oraichain, a Layer-1 blockchain featuring AI and Oracle services, has officially launched a decentralized exchange ‘OraiDEX’. This DEX will enable Oraichain users to securely swap the native ORAI toke...
What are Governance Tokens? How Token Owners Shape a DAO’s Direction
Blockchain technology has opened up a world of new possibilities. From decentralized finance (DeFi) to digital scarcity and ownership through NFTs, there’s been an explosion of innovation around produ...
Syscoin (SYS) announces a new initiative to revolutionize DAO governance
The President of the Syscoin Foundation, Jag Sidhu, has announced a new initiative focused on decentralized autonomous organizations (DAOs). The executive noted that the initiative would bring change ...
FlatQube DEX Unveils QUBE Utility Token and Sets DAO Governance in Motion – Sponsored Bitcoin News
sponsored Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabiliti...
Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote – Defi Bitcoin News
On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following t...
Developing Decentralized Governance Framework and Web3 – crypto.news
ApeCoin (APE), an ERC-20 token used for decentralized community development, constitutes the major driver of Web3 growth. What is APE? The development of decentralized blockchain solutions has created...
Sphere Finance gives users a chance to yield profits and join governance protocols
2022 is the year of governance. With DeFi 3.0 right around the corner, AMMs are turning into multi-billion-dollar endeavors that build the infrastructure of financial instruments in DeFi. They are the...
Former Polychain GP unveils $125M crypto fund with DAO governance ambitions
Former Polychain Capital general partner Tekin Salimi has launched a new blockchain-focused investment fund that will eventually be converted into a founder-owned decentralized autonomous organization...
Mimo launches unique governance token for staking and fairer distribution
Mimo has launched PICO, a first-of-its-kind governance token for fairer asset distribution, greater decentralization, liquidity, enhanced staking, and farming rewards distribution. The IoTeX-powered p...
Radio Caca Introduces Governance Token for Upcoming Massive NFT Marketplace OpenPFP » NullTX
Singapore, March 21, 2022 – – – Radio Caca, a Web 3.0 decentralized autonomous organization (DAO), unveils today $PFP Coin (ProFile Picture), a governance token for the DAO’s namesake OpenPFP marketpl...
MakerDAO’s community proposal for an alternative for governance Token MKR- why and consequences
On Monday, community leader monet-supply proposed an alternate token economic mechanism on the MakerDAO forum. If the proposal is approved by a full governance vote, the protocol’s present governance...
Aave launches v3 liquidity pool following unanimous governance decision
Decentralized finance (DeFi) protocol Aave has announced the launch of Aave v3, marking a significant evolution on the existing model of liquidity pools by promising to improve financial efficiency, b...
Juno’s Proposal 16 Vote Is a Watershed for Blockchain Governance – For Better or Worse
There is an added complication to doing a hard fork rather than an automated parameter change. Validators, the equivalent of Bitcoin’s miners on Cosmos and other proof-of-stake systems, could choose t...
ShapeShift, BeetsDAO Talk DAO Creation and Governance at Camp Ethereal
ShapeShift, BeetsDAO Talk DAO Creation and Governance at Camp Ethereal Jordan Garbis, co-founder of BeetsDAO, and Kent Barton, who does tokenomics at ShapeShift DAO, talk to Decrypt’s Dan Robert...
MakerDAO community proposal to replace MKR governance token
The community behind decentralized stablecoin platform MakerDAO is mulling over a major tokenomics shift that could replace its governance token, MKR. A proposal was made on the MakerDAO forum by comm...
Maker Could Replace Governance Token, Enhanced Incentives?
According to a post on the MakerDAO Forum, the financial service protocol could replace its governance token MKR with a new token called stkMKR. The proposal was introduced to address the criticism ar...
How SundaeSwap’s community governance plans can benefit Cardano
Cardano‘s native decentralized cryptocurrency exchange (DEX) SundaeSwap has not had an easy start, with several hardships strewn across its way from the beginning. The DEX continues to brave on, howev...
FriesDAO scoops up fast food franchises as part of its crypto governance experiment
A new proof of concept decentralized autonomous organization, or DAO, called FriesDAO wants to democratize access to the fast food industry. Cointelegraph spoke to FriesDAO advisors Brett Beller and B...
Voltage Finance DeFi Platform Launches Volt (VOLT) Governance Token – crypto.news
Voltage Finance has announced its successful launch of the Voltage Finance decentralized autonomous organization (DAO) and the volt (VOLT) token. VOLT will have three key use cases in the Voltage Fina...