Less than 1% of all holders have 90% of the voting power in DAOs: report
A user must hold between 0.1% and 1% of the outstanding token supply to create a proposal and hold between 1% and 4% to pass it. Go to Source Powered by WPeMatico
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What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet. Go to Source Powered by WPeMatico
How a DAO for a bank or financial institution will look like
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible? Go to Source Powered by WPeMatico
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement. Go to Source Powered by WPeMatico
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity. Go to Source Powered by WPeMatico
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion … Read more
‘Data DAO’ Delphia raises $60M Series A led by Multicoin Capital
Decentralized autonomous organizations continue to gain traction. In the case of Delphia, retail traders will be rewarded for contributing their personal data. Go to Source Powered by WPeMatico
Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the U.S. Go to Source Powered by WPeMatico
MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO
Brewing could soon be getting the Web3 treatment, with tokens giving holders a choice in how their favorite brewery is run. Go to Source Powered by WPeMatico
Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more
Top DeFi tokens broke out of the month-long bearish pressure to trade in the green and the total value locked in DeFi protocols saw a minor recovery amid continuous price volatility. Go to Source Powered by WPeMatico
