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DAO
Hector Network Fight Centers on Efficacy of DAO Governance
For more than an hour, members peppered the lawyer, who identified himself as Dali from the tech law firm Sparring, with questions about HIP 40, a proposal to wrap Hector Network within an offshore corporate structure that includes…
Crypto Lender MakerDAO Founder Proposes Upgraded Versions of DAI Stablecoin and Governance Token…
The new governance token will have a larger supply than MKR, with a 1200:1 exchange rate to MKR. It will also give access to Maker’s AI-assisted governance tools, allowing token holders to “easily summarize and verify governance rules…
Aragon’s Token Rallies After Cofounder Luis Cuende Proposes ANT Buybacks to End Activist Investor…
“The Aragon Association’s mandate is to spend its treasury on Aragon’s mission. That mandate also applies for transferring the funds to the DAO. So whichever proposal the AA decides to go with, it will need to be reviewed by the legal…
Aragon (ANT) Cancels Planned DAO Control of $200M Treasury Amid Battle With Arca, Others
“The Aragon treasury was established with the explicit mission of supporting builders to advance decentralized governance infrastructure. Based on Swiss regulations that mandate the use of Aragon’s treasury for its stated social purpose,…
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
A DAO, or decentralized autonomous organization, is a method of governance in which crypto investors vote to decide how a project is run. Aragon builds tools to help other DAOs operate and is itself partially governed by a DAO. This week…
Judge Upholds Freeze on SpartacusDAO’s $35M in Lawsuit Served Via Discord, NFT
Judge Victor Marrero upheld his previously signed restraining order against Wei Wu, allegedly the man behind Spartacus, in a hearing in the U.S. Southern District Court of New York on Thursday. Marrero said the order will remain in place…
Aragon Bans at Least 6 DAO Members During Crypto Treasury Discussion
Wismerhill said there are “zero similitudes between” Rook, a project whose product development has been stagnant for months, and Aragon, which is actively building and also has mechanisms to return value to its token holders. “Aragon is…
Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’
He hedged his response, however, by drawing a line between his company, Offchain Labs, and the new Arbitrum Foundation: “I can't speak to what the Foundation did, but leading up to creating this, that was the thought process at least,”…
DAO of DeFi Protocol PancakeSwap Votes For “Aggressive Reduction” of CAKE Token Inflation
The “version 2.5” tokenomics proposal would move CAKE toward a “deflationary model” by slashing the token rewards paid to traders and stakers by over 68%. The so-called CAKE “emissions” on Syrup Pool, PancakeSwap’s main liquidity pool on…
Abu Dhabi Global Market’s Financial Free Zone Publishes Consultation Paper for DLT Projects,…
"This Consultation Paper is of interest to any persons operating or planning DLT projects, persons engaging in digital asset related activities and their legal advisors, as well as DLT industry participants, associations, and…
