DeFi protocol Aave has requested its token holders to participate in an Aave Request for Comment (ARC), requiring them to commit to Ethereum’s (ETH) POS merge. Aave Companies have proposed this ARC th...
Tag: Governance
Acala submits governance proposal to burn $1.28B aUSD following investigation of exploit
Polkadot ecosystem’s stablecoin Acala ($aUSD) suffered an exploit over the weekend that led to a malicious actor minting $1.2 billion out of thin air. The Acala team “paused” operations via an emergen...
Tornado Cash Ban led Governance Token TORN Face Massive Drop
Nothing seems to be going well for Tornado Cash as the project faced several hits in the past weeks. Now these hard hits to the project started showing visible results in the form of losses. During th...
Tornado Cash Governance Token TORN Shudders More Than 57% Since the US Government Ban – Bitcoin News
Amid the crackdown against Tornado Cash, associated addresses, contributing developers, and anyone who uses the mixing platform, the project’s governance token called TORN has shuddered in value. TORN...
Tornado Cash’s Discord server and governance forum shuttered amid arrest
Tornado Cash’s Discord server has been removed following the imposition of US Treasury sanctions against the crypto mixing service. It’s unclear whether the server was deleted by a Tornado...
Tornado DAO Grapples With Arrests as Discord, Governance Forum Go Dark
The Discord server and Tornado DAO governance forum linked to the recently sanctioned crypto mixing service Tornado Cash appear to have been disabled. Tornado Cash is an Ethereum-centric mixing tool w...
New Uniswap Proposal Could Help Ease the Protocol’s Governance Woes
The Uniswap Foundation would address three major sticking points: governance friction, navigation and grant disbursements The foundation would be a completely independent entity whose mandate is to fo...
Terra-based DEX, Astroport initiates Astral Assembly as governance Body
Leading Terra 2.0 swap protocol, Astroport has opened the gateway to the Astral assembly. According to a blog post, the protocol revealed that the Astral Assembly is open to developers within its comm...
DAO Community Counters Vitalik Buterin As He Writes Off Transferable Governance
Ethereum founder Vitalik Buterin has aired his view about transferable governance, pointing out that power-hungry individuals are not eligible to lead. He argued that the idea of transferable governan...
Ethereum founder speaks against transferable governance, community responds
The governance discussion intensifies as decentralized autonomous organizations (DAOs) become more popular in the blockchain space. The dilemma between giving power to a specific few and the freedom t...
Gitcoin Passport To Make Fundraising, Governance More Fair
Most DAOs today use a one-token-one-vote model Decentralized identification has wide-ranging use-cases from DeFi to NFTs and the future of work A new tool from Gitcoin, an organization dedicated to ra...
VW’s Diess Goes, As Flawed Governance Foils Another Leader
Herbert Diess, chief executive officer of Volkswagen AG, who is leaving at the end of August. … [+] Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP A software spat probably t...
Navigating Through the Current Market
July 22, 2022, 12:06PM EDT • 12 min read Quick Take This DeFi governance roundup covers recent proposals for Balancer, Curve, Frax, Gitcoin and SushiSwap. In general, most governance proposals focus o...
Aave DAO Governance Executes $1 Million Token Swap With Balancer
Aave DAO, the governance arm of the Aave decentralized finance (DeFi) protocol, has swapped $1.6 million worth of its AAVE tokens with $1.13 million in Balancer (BAL) tokens in an exchange for each pr...
Shiba Inu Governance Token BONE Nears Remarkable 50k Holders
40 mins ago | 2 mins read Altcoin News There are now more than 1.2 million SHIB token holders. BONE’s new minting rate has just been updated by the Shiba Inu team. BONE, Shiba Inu’s ecosystem token, i...
Shiba Inu’s Governance Token BONE Nears Key Milestone; SHIB Price Up 5%
Shiba Inu’s ecosystem token BONE is set to achieve a new milestone as the number of its holders approaches the 50,000 round mark. According to recent updates shared by the BONE Twitter account, ...
Blockchain Can Radically Transform Governance
Vladislav Sopov Charles Hoskinson unveiled how blockchain instruments can transform governmental institutions Contents More transparency for better decentralization Cardano launches lab at University ...
Yam Finance thwarts governance attack aimed at hijacking its treasury
Yam Finance, a decentralized finance (DeFi) protocol, prevented a malicious governance attack designed to cede control of its reserves to an unknown third party, the project said on Saturday. Accordin...
Yam Finance Foils Governance Attack Seeking to Control $3 Million Treasury
Yam Finance noticed and stopped a governance attack that would have seen the platform lose control of its treasury if successful. Decentralized finance (DeFi) protocol Yam Finance successfully stopped...
Do Kwon Refutes Claims That Terra Form Labs (TFL) Has “Special Privileges” Over LUNC Governance
– Advertisement – A Twitter spat is brewing between Terra’s Do Kwon and another user who shot out a strong question at Kwon. Going by the handle “THORchain.BULL,” the user wanted to know...
Delegated Proof of Stake Blockchain Accumulate (ACME) Releases Governance Documentation
Miami, USA / FL, 8th July, 2022, Chainwire Delegated Proof of Stake (DPoS) blockchain Accumulate has released its official governance documents. These detail the network’s constitution, its list of st...
Tornado Cash governance rejects plan to diversify treasury holdings
A vote for Tornado Cash (TORN) — a coin mixing protocol for obscuring blockchain transaction history — to diversify its treasury holdings into ether (ETH) has failed. This comes as a lot of governance...
MakerDAO’s Members Startled By Its Striking Governance Proposals
MakerDAO is trying to strike a balance between business efficiency and the egalitarian principles of decentralized autonomous organizations. For the uninitiated, MakerDAO is the oldest and one of the ...
Polkadot’s founder announces steps toward full decentralization with new governance model
Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot (DOT) and Kusama founder Gavin Wood announced that the blockchain’s governance model would undergo a new transformation. Dubbed ...
Polkadot Unveils Proposal for Next Generation of Governance
Polkadot creator Gavin Wood unveiled the next generation of governance for the DOT ecosystem – Gov2. Only after the v2 is tested on Kusama, a proposal will be made for the Polkadot network to vote on....
Polkadot Unveils New On-Chain Governance Model
Key Takeaways Polkadot is getting a new on-chain governance model. The new “Gov2” model aims to improve inclusivity and decentralization while increasing the number of decisions Polkadot g...
Maker governance is voting to invest $500 million in US Treasury bills
MakerDAO, the issuer of the Dai (DAI) stablecoin, is currently voting on how to allocate 500 million DAI ($500 million) of treasury funds into investments in US Treasury bills and bonds, the protocol ...