Tags: Dao governance

Hector brought back to Troy (Wikimedia Commons)

(Unsplash)

(Maxime Gilbert/Unsplash)

(Danny Nelson/CoinDesk)

The pseudonymous CEO Hazard said "we’re bound by the will of the order flow providers,” on a community governance call.

The decision follows a turbulent period during which USDC temporarily lost its dollar peg after key banking partner SVB collapsed.

A vote to sell 15 of governance token ARENA’s total supply to crypto investment firm Paradigm began earlier Thursday.

The community-based projects could become one of the biggest growth engines in the Web3 space, but more agile governance structures may need to be put in place to unleash their full potential.

Sometimes hierarchies have a place. Complete organizational "flatness" is not always the most effective path for Web3 communities.

Avraham Eisenberg lost his gamble in more ways than one.

If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.

The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.

The result averts near disaster for Gemini’s stablecoin: MakerDAO holds 85 of all GUSD in circulation.

MakerDAO voters so far prefer keeping the $500 million Gemini USD stablecoin ceiling in Maker’s DAI stablecoin reserve over decreasing its role or phasing it out.