Token Governance

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.

Aave Holders Vote on Proposal for DeFi Protocol to Convert 1,600 Ether Into wstETH and rETH
The Aave token has risen by 7.24% in the past 24 hours.

Terra Classic Revival Plans Continue as 6 Engineers Aim to Revive LUNC Ecosystem
Some LUNC token holders remain committed to a Terra ecosystem revival.

Aave's Decentralized Social Media Platform Lens Protocol Releases New Governance Model
Lens Improvement Proposals (LIPs) is an attempt to create a framework for developers, creators and users to participate in the decision-making process of Len’s future development.

Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
OKX periodically buys back and burns the tokens to reduce their supply on the open market.

Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet
The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday.

Uniswap Community Votes Down Protocol Fees for Liquidity Providers
The initial snapshot poll was voted against by the community in a surprising move.

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
FLEX holders can convert their tokens for OX at a ratio of 1:100.

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins
Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.

Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.

