Token Governance


Finance

Optimism governance approves OP token buyback plan tied to superchain revenue

The proposal links the OP token more directly to the economic performance of the Superchain.

(Micheile/Unsplash)

Finance

Optimism community begins vote on OP token buybacks

The Optimism Foundation's proposal would link the value of the OP token more directly to the economic performance of the Superchain.

A seedling sprouts from a pile of coins.

Finance

Optimism proposes OP token buybacks using 50% of Superchain revenue

Under the proposal, which is set to move to a governance vote on January 22, Optimism would begin monthly buybacks starting in February.

(Micheile/Unsplash)

Tech

Monad Blockchain Goes Live With 100B Token Supply and Airdrop

The total supply of MON is 100 billion tokens, with 10.8% currently unlocked and in circulation.

Hot-air balloons in the sky. (Ian Dooley/Unsplash)

Finance

ZKsync Proposal Aims to Tie $ZK Token to Network Revenue

The creator behind the layer-2 has unveiled a proposal to transform its $ZK token from a governance instrument into a token with real economic utility.

(Element5/Unsplash)

Tech

The Protocol: Solana’s Firedancer Proposes Uncapping Block Compute-Unit Limit

Also: Denials of Bitcoin Hard Fork, UN Experiments With Blockchain, and Gate Rolls Out Token Launcher.

Solana (SOL) Logo

Tech

DAO Infrastructure Provider Tally Raises $8M to Scale On-Chain Governance

Tally is used by decentralized autonomous organizations (DAOs) to manage the governance process.

(Joshua Woroniecki/Unsplash)

Markets

Floki on Course for Europe ETP as DAO Floats Proposal to Provide Early Liquidity

A Floki exchange-traded product is set to go live in Europe in early 2025, a project developer told CoinDesk.

(Floki)

Markets

Jade Protocol Faces Calls to Liquidate $31M Token Treasury

A longtime member says the DAO “poses a major investment risk to all token holders,” and should shut down.

Jade Protocol (Danny Nelson/CoinDesk)

Finance

A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists

It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury.

Riot Pepe wearing noggles. (Story illustration by Danny Nelson;Hazard/Rook)