DAO
It also is known as the digital decentralized autonomous organization (DAO). The DAO served as a form of investor-directed venture capital fund that seeks to provide the enterprise with new decentralized business models. Built on the Ethereum blockchain, The DAO’s code was open-source. The organization set the record for most crowdfunded projects in 2016, however, those funds were partially stolen by hackers cause an Ethereum hard-fork that created Ethereum Classic.
Lido Finance Community Votes on Critical Governance Proposal
Lido Finance community members cast their votes on a pivotal governance proposal, shaping the future direction of the staking platform.
MakerDAO Implements Emergency Measures Amid Market Volatility
MakerDAO approves an Executive Vote for crucial changes in response to market conditions, aimed at stabilizing the DAI peg and enhancing the protocol's resilience.
Uniswap (UNI) Proposes Governance Upgrade to Incentivize Delegation and Protocol Growth
Uniswap Foundation's new governance proposal aims to activate protocol governance by incentivizing token holders through staking rewards.
Arbitrum DAO Explores Grants to Boost Web3 Gaming Development
Arbitrum DAO is discussing grants to support Web3 gaming, with phases of development receiving $100,000 to over $1.5 million. This effort aims to capitalize on the growing $272 billion gaming industry, enhance Arbitrum's gaming ecosystem, and position it competitively in the Web3 space.
Japan Advances LLC-Type DAOs: Easing Tokenized Membership Rights Regulations
Japan proposes amendments to ease regulations on tokenized membership rights for Decentralized Autonomous Organizations (DAOs), aligning tokenized rights with traditional company memberships, marking a significant step towards fostering DAO operations.
Gitcoin Pivots to Ethereum Grants
Gitcoin, the open-source funding platform, announces a strategic shift from public goods funding to concentrate on grants infrastructure for the Ethereum ecosystem. This reorganization aims to enhance technological development within Ethereum, transitioning from a flat organizational structure to a more defined "Labs" model for improved efficiency and direction.
BNB Smart Chain's Remarkable 85% Security Triumph in 2023
BNB Smart Chain's security enhancements in 2023 led to an 85% reduction in financial losses from security incidents, a striking contrast to the previous year's $1.1 billion losses.
Ondo Points Program Launches
Ondo Foundation's new Ondo Points program and ONDO token unlock plan mark significant steps in community engagement and token utility in the DeFi sector.
Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy
Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.
Ondo Foundation Unveils ONDO Points and Token Unlock Plan
The Ondo Foundation introduces Ondo Points to enhance community engagement and proposes an unlock plan for ONDO tokens, advancing its mission in the DeFi space.