DAO governance
Starting this summer, Wyoming will have a new legal framework for DAOs that want to become nonprofits
While a date was not included, Wormhole did divulge that 617 million W tokens will be allocated to the community
The dYdX Foundation will be using this latest fundraise to continue hiring and retaining talent
With a 50,000 USDC payment, the 1inch DAO executes an on-chain vote to hire a lawyer
The fullstack app is hoping to move away from “one token one vote” governance and make permissions more precise
The crypto VC’s general counsel penned a pair of essays Wednesday advocating a Machiavellian system of DAO governance that emphasizes checks on power
Maker’s DeFi-focused “subDAO” passed a proposal activating a lending market for DAI on the Gnosis Chain
The novel DAO split mechanism promised minority protection but saw traders exploit an NFT arbitrage opportunity
“Everyone everywhere needs to be making decisions. How are we going to enable that in the best way possible?”
800 ETH will be converted to wsETH, and the remaining 800 ETH will be converted to rETH
Even though a total of more than 50% of UNI tokens were in favor of turning on fees, it wasn’t enough for the feedback proposal to pass
Decisions made by the DAO will be automatically implemented from mainnet to different sidechains
MakerDAO’s Endgame is designed to ease governance tensions and ensure the DAO is completely decentralized
As of publication, more than 99.92% of Lido community members who have voted in the proposal have chosen to take “no action”
The team admitted it could have made its intentions behind the governance vote clearer, and is now set to introduce new AIPs
Governing a DAO still needs a human touch — studying history can put us on the right track
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