Tags: Governance Token

The investor claimed that 64 of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions.

The co-founders of crypto media Bankless are seeking to separate their brand from BanklessDAO some two years after the launch of DAO.

In a blog post on Sept 21, a16z‘s Miles Jennings discusses how decentralized autonomous organizations (DAOs) can avoid power centralization by applying Machiavelli‘s principles.

The Optimism Network has revealed that it will sell 116 million OP tokens in a series of planned sales.

ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take their toll.

Aave tokenholders are voting on three proposals that could reshape the protocol’s exposure to the Curve DAO token.

The proposal calls for the redemption of PRT tokens for liquid treasury value, and the transition to a no-token protocol. Community members referred to the move as a "financial crime".

A few hours into the hack, to everyone’s surprise, the attacker surprisingly reached out to the Tornado Cash community with a new proposal, hinting at their intent to give back the governance control.

After community approval, BIT holders will undergo a token conversion process for the new Mantle token. Governance and treasury management will remain unchanged.

A new Web3 initiative aims to build a ChatGPT-style artificial intelligence system on the blockchain.

A Chainlink exec said the oracles will improve GMX’s security by providing a more “strong degree of tamper-resistance when settling user trades.”

The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval.

All 191 UNI token holders voted in favor of the proposal to launch the DEX on Polygon‘s zkEVM.

The project will provide at least three proposals for Uniswap incentive mechanisms by June.

A new proposal asks the Arbitrum Foundation to return 700 million ARB tokens after community backlash. Voting ends on April 14.

The Arbitrum Foundation announced that it was only ratifying an existing decision when it proposed a 750 million ARB tokens budget.

The successful bid comes a month after 88.6 of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote.

The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach.

Wormhole got over 60 of the vote in the Uniswap DAO referendum, with LayerZero coming in second.

Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers.