Token Governance
Aave Token Holders Voting on 2 Proposals Following Averted Curve Liquidation Crisis
The proposals, which aim to disable CRV borrowing and decrease Aave’s exposure to Curve’s native token on its Ethereum V2 markets, are responses to the liquidation pressure faced by Curved founder Michael Egorov.
Mantle Introduces New Governing Body for Treasury Management
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.
Arbitrum DAO’s First Grants Programs Take Shape
Two governance proposals are collectively requesting nearly $5 million worth of ARB tokens to launch grants programs.
Parrot Finance to Begin PRT Token Buyback on Monday, Capping Fiery Vote
Activist investors applied heavy pressure to Parrot’s developer team.
For Crypto Investors Down Bad in Hector, the DAO Can’t Die Fast Enough
Hector Network will take six to 12 months to hold a liquidation. Token holders want their money back sooner.
Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap
Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works.
Early Shiba Inu Holder With 10% of Supply Moves $30M in SHIB Tokens
Data shows most SHIB market depth is under $1 million on various crypto exchanges, and a sell order of that value could move token prices by 2% immediately.
BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets.
DeFi Firms Sign Up to Balancer's Plan for Tackling Lack of Liquidity
The initiative will allow holders to vote in governance proposals while providing liquidity to decentralized exchanges.
Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup
A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens.
