Governance Token Financial News

27.11 / 10:45

Ethereum Altcoin DAO Media Governance Token Bankless controversy forces founders to burn tokens and separate from DAO

Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand from the DAO.

21.09 / 19:31

Blockchain Adoption Decentralization DAO Governance Token a16z suggests Machiavelli to fix decentralized governance

Principles written almost 500 years ago by Niccolò Machiavelli — author of the controversial political work The Prince — are the solution to solving decentralized governance issues in autonomous organizations, according to a blog post by venture capital firm Andreessen Horowitz (a16z).

10.08 / 20:51

Blockchain defi Hackers hacks Aave Governance Token Curve Finance Aave DAO opens voting on proposals to reduce CRV exposure

The Aave community is seeking to reduce its protocol exposure to the Curve DAO token, with two proposals open for voting on Aug. 10. The move comes in an attempt to limit the risk posed to the lending protocol by the large borrowing position held by Curve Finance founder Michael Egorov.

22.07 / 20:57

business defi Tokens Governance Token Returns Solana's Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns

A recent proposal from Parrot Protocol's team, a Solana-based liquidity network, has sparked controversy among its community members. The proposal, up for vote until July 27, calls for the redemption of its PRT tokens for liquid treasury value, and the transition to a no-token protocol.

22.05 / 07:13

business Hackers hacks Altcoin Governance Token EXP Attack Tornado Cash attacker to potentially giveback governance control, proposal reveals

Just a day after an attacker sparked community-wide panic after hijacking the Tornado Cash governance, a new proposal hints at the possible restoration of the state of governance.

12.05 / 18:17

business DAO Governance Token BitDAO proposes to replace BIT token in branding revamp

A proposal seeking to apply a "One Brand, One token" principle has been pushed to a vote on BitDAO's Snapshot, calling for substituting BitDAO's token (BIT) under a new governance token. Snapshot serves as an off-chain governance voting platform for decentralized autonomous organizations (DAOs) and other blockchain projects.

11.05 / 21:43

Blockchain Web3 Airdrop Governance Token ChatGPT Training BlockGPT launches ‘chat to earn’ ecosystem for training AI

BlockGPT, a recently-launched Web3 company, announced the launch of its ‘chat to earn’ artificial intelligence (AI) service and related blockchain ecosystem on May 11.

15.04 / 18:51

Blockchain DAO Arbitrum Governance Token Power play Arbitrum proposal to return 700M ARB fails, whale calls it a "power play"

A controversial proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by a massive number of votes on April 15. The Improvement Proposal AIP-1.05 was introduced after the Arbitrum Foundation transferred funds without community approval in March.

11.04 / 21:27

business Adoption defi Uniswap DAO MakerDAO Governance Token Uniswap funds DAO incentive improvement project

Financial modeling platform Gauntlet has been awarded a grant from Uniswap Foundation to improve DAO incentive mechanisms, according to an announcement from Gauntlet.

09.04 / 18:39

Blockchain DAO Arbitrum Governance Token Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury

As per the proposal, the Foundation should proceed with its budget plan only after returning the tokens. "This is a symbolic gesture to demonstrate that the governance holders ultimately control the DAO, not the Arbitrum service provider nor the Foundation," said a community member.

02.04 / 17:29

Blockchain defi layer2 DAO Arbitrum Governance Token controversy stake Arbitrum's first governance proposal sparks controversy with $1B at stake

A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only ratifying a decision that had already been made.

22.03 / 20:25

Blockchain Tokens Decentralization DAO Arbitrum Governance Token Arbitrum aims to empower its community through governance token launch

It’s official — there’s a new Layer-2 token on the block.

17.03 / 05:29

business Adoption defi Sport Altcoin DAO Governance Token LinksDAO wins bid to buy its first golf course, says CEO

The decentralized autonomous organization (DAO)-operated golf startup, LinksDAO is primed to become the new owner of the Spey Bay Golf Club in Scotland after successfully winning a bid to buy the course initially listed for just over $900,000.

01.02 / 00:47

defi hacks Cybersecurity Governance Token Wormhole wins second 'temp check' to become bridge for Uniswap governance

The Uniswap DAO has approved a second non-binding proposal, called a “temperature check,” to make Wormhole the official bridge for cross-chain governance of the protocol between BNB Chain and Ethereum, according to the official proposal page.

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