Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since JanuarySince January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) […]

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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.

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