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Search Results for: DAO

Uniswap V3 Deployment on Polygon zkEVM Proposal Approved

The newest governance proposal for the Uniswap DAO has been approved, marking the organization’s formal entry into the zero-knowledge technology. Polygon’s Zero Knowledge Ethereum Virtual Machine (zkEVM) is the target of this proposal, which discusses the implementation of Uniswap v3. Moreover, the proposal’s argument that now is the time to

April 14, 2023 1 min read

Arbitrum Community Votes Against Returning 700M ARB Token to Treasury

There is just one day left for governance votes to be cast, and it seems like 700 million ARB tokens “unjustly allocated to the Foundation from the DAO” will be returned by the Arbitrum community. This proposal is called Arbitrum Improvement Proposal 1.05. As of this writing, more than 83%

April 14, 2023 2 mins read

Conflux to Bring Uniswap v3 and Curve to China’s Public Blockchain

Toronto, Canada, April 14th, 2023, Chainwire   Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after

April 14, 2023 3 mins read

This Ethereum Staking Token Shot up 20% In Just 12H

Post the Ethereum Shanghai Upgrade, the second-largest cryptocurrency crossed the $2,100 level. Amid this ETH hustle, RPL, the native DeFi token of the Ethereum staking protocol Rocket Pool, spiked 20% in just 12 hours. According to data from TradingView, the RPL/USDT spot hit $53.95 on the largest crypto exchange Binance

April 14, 2023 2 mins read

Arbitrum Community Demands Restoring 700M ARB Tokens to Treasury

A new proposal has been submitted by the Arbitrum community, which asks the Arbitrum Foundation to transfer 700,000,000 ARB tokens back to the DAO Treasury. In March, the Arbitrum Foundation moved the money without consulting the community beforehand. The suggestion states that the foundation’s financial plan should continue only when

April 10, 2023 2 mins read

U.S Treasury Department Raises National Security Concerns Over DeFi Sector

According to a recent assessment from the United States Treasury Department, crypto, consumers, and national security are all at risk due to inadequate cybersecurity measures within the decentralized finance (DeFi) sector. This groundbreaking report is the first to propose that the decentralized and distributed structure of DeFi necessitates further regulatory

April 9, 2023 2 mins read

Polygon Now 2nd Largest Blockchain Gaming Network Surpassing Hive

Demand for Ethereum’s layer-2 scalability solution Polygon continues to rise as the second biggest blockchain gaming network by the number of unique active wallets (UAWs) in March. The number of UAWs playing games on Polygon increased by 53% from February to March with 138,081, according to the “Blockchain Games Report”

April 8, 2023 1 min read

Arbitrum Makes Several Governance Changes After Backlash From Community

The community has spoken out against the chaos that was produced by the initial governance proposal for Arbitrum, hence the company leading the development of the layer-2 scaling network, the Arbitrum Foundation, has announced that it would be splitting AIP-1 into multiple smaller proposals. The Arbitrum DAO voted unanimously on

April 6, 2023 2 mins read

Ethereum Triggers a Bullish Altseason Before Shanghai Upgrade

The anticipation of Ethereum’s Shapella Upgrade – the simultaneous occurrence of Shanghai and Capella – in a week led to notable 24H price surges in ETH and altcoins related to DeFi staking. Remarkably, ETH crossed the $1,900 level and hit its 8-month-high of $1,920. It spurred the community’s hype to

April 5, 2023 2 mins read

dexFreight Awarded Patent Allows Real World Assets Linking to Rootstock DeFi Ecosystem

dexFreight, a Fintech-enabled logistics market network driven by smart contracts, has been awarded a USPTO patent, which will allow real-world asset-collateralized NFTs to be introduced into the Rootstock DeFi ecosystem. DexFreight received a USPTO patent on March 28, 2023 (Patent No.: US 11615375 B2) for its novel approach to electronic

April 4, 2023 3 mins read