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