Token Governance


Tech

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

A illustrative example of a Tornado. (NOAA)

Tech

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.

(Markus Winkler/Unsplash, modified by CoinDesk)

Tech

Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%

A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.

(Kevin Ku/Unsplash)

Finance

Hector Network Fight Centers on Efficacy of DAO Governance

The Olympus DAO fork is debating whether to tack on some of the hallmarks of a conventional corporation – something critics view as antithetical centralization.

Debate has ensued over the proliferation of BRC-20 tokens on the Bitcoin blockchain. (Кусмарцева Дарья / Getty Images)

Tech

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth

Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.

(Yuga Labs)

Tech

Lido Community Members Propose LDO Token Staking and Buyback Plan

The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”

A seedling sprouts from a pile of coins.

Finance

Balancer Might Arbitrage Itself to Rescue Inverse Finance’s Frozen Crypto

The plan would see Balancer raid its own trading pools before other arbitrageurs have the chance to.

Washington Crossing the Delaware by Emanuel Leutze (Wikimedia Commons)

Finance

DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO

A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community.

Hector brought back to Troy (Wikimedia Commons)

Finance

Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis

After a week of bickering cooler heads began to prevail. The market responded with gusto.

Luis Iván Cuende - Cofounder & core contributor - Aragon (AsturixLinux)

Tech

Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network

The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say.

Aave is the Finnish word for ghost (Metis)