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