DAOs
Grant money can create a cycle of fleeting capital that rapidly shifts between projects in search of quick gains
While DAOs promote transparency and community involvement, underlying centralized mechanisms reveal the challenges in achieving full decentralization
The new Snapshot X protocol uses storage proofs to enable voting without needing to bridge
The DeFi lending giant liquidated $234 million worth of crypto collateral on Tuesday
The Compound governance attacker has agreed to return $24 million of COMP and negate the previous vote
Plus, FTX creditors can soon vote on the distribution plan proposed by debtors, and it isn’t a fan favorite
Starting this summer, Wyoming will have a new legal framework for DAOs that want to become nonprofits
The settlement ends the legal battle over eth.link, a domain once owned by imprisoned developer Virgil Griffith
Loss versus rebalancing remains a major centralizing force today, but CoW AMM is designed to solve this problem
Plus, crypto gets its own Shark Tank, and Dwight Howard’s NFT project seemingly flops
Underfunded researchers have increasingly been leveraging crypto for academic crowdfunding
With a 50,000 USDC payment, the 1inch DAO executes an on-chain vote to hire a lawyer
The token will be used to govern the DAO — and possibly to rouse activity in Solana DeFi
Get the daily newsletter that helps thousands of investors understand the markets.