Token Governance


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)

Finance

Yearn Finance Voters to Wintermute: Drop Dead

One of the biggest market makers in crypto is having trouble getting nearly free money out of Yearn Finance.

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)