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Search Results for: DAO

MakerDAOs Freeze Function in Upgraded Stablecoin Raises Concerns

Maker, a leading platform in decentralized finance, has recently undergone a rebranding and is now known as Sky. Alongside this change, their widely-used stablecoin, previously known as DAI, has been upgraded and rebranded as USDS. Users can upgrade from DAI or convert from USDC to NetStable at a 1:1 ratio.

August 28, 2024 2 mins read

Ether.fi and SSV Network DAO Launch ‘Learn & Earn’ Campaign on Galxe

A campaign to Learn & Earn will be hosted on the Galxe platform by Ether.fi and the SSV Network DAO, as per the announcement. The initiative aims to educate the community about the importance of decentralizing Ethereum’s base layer and the potential of Distributed Validator Technology (DVT) for restaking. Through

August 27, 2024 1 min read

Shiba Inu Unveils DAO to Boost Governance and Transparency

The Shiba Inu (SHIB) cryptocurrency project plans to launch a Decentralized Autonomous Organization (DAO). It is initiated to empower SHIB holders to participate in the project’s governance. Lucie, marketing lead at the memecoin project, announced the plans for launching DAO on Aug 25 in an X post. The DAO aims

August 26, 2024 2 mins read

MakerDAO Unveils New Versions of Native Token MKR and DAI

MakerDAO, a decentralized finance (DeFi) platform, has announced the launch of new versions of its native tokens, DAI and MKR, as part of its ongoing endgame plan. The new tokens, named NewStable (NST) and NewGovToken (NGT), were introduced to enhance governance and functionality within the MakerDAO ecosystem. According to the

August 23, 2024 2 mins read

Hong Kong Lawmaker Pushes DAO Rules Amid MANTRA Case

Hong Kong lawmaker Johnny Ng Kit-chong has proposed creating a legal framework to regulate decentralized autonomous organizations (DAOs) to bolster Hong Kong’s stability in the Web3 investment landscape. Ng believes that such regulation would attract significant overseas talent and capital, reinforcing the city’s position as a global leader in digital

August 20, 2024 2 mins read

Vitalik Buterin Addresses Emerging Threat of Bribery in DAOs

The concept of Decentralised Autonomous Organizations (DAOs) has revolutionised how communities and projects govern themselves. However, as the landscape of decentralised governance evolves, new challenges emerge. Particularly the threat of bribery within “Dark DAOs.”  Ethereum co-founder Vitalik Buterin has recently raised concerns about these threats. Emphasising the need for robust

August 17, 2024 2 mins read

Arbitrum DAO Approves ARB Staking and Governance Proposal with 91% Vote

With the goal of increasing the ARB token’s usefulness and fortifying governance security, the Arbitrum DAO has green-lit a temperature check proposal. After more than 25,000 participants gave the proposal their unanimous 91% approval, on Aug. 15 the onchain voting came to a close. At its heart, the proposal is

August 16, 2024 2 mins read

Grayscale Unveils MakerDAO Trust, MKR Rises 7% Following Launch

A new cryptocurrency investment fund called MakerDAO Trust has been unveiled by digital asset manager Grayscale. The fund will invest in a single asset and will be launched via private placement. Other crypto-based trusts have also been launched in a similar vein, exposing investors to the market. As a result,

August 14, 2024 2 mins read

Kelp DAO Unveils Gain Vaults: Simplifying L2 Airdrop Access and Rewards

The ‘Kelp Gain Vaults‘ Program is being launched by the liquid restaking platform, Kelp DAO. As the first initiative to provide access to several Layer 2 airdrops in a single, diversified approach, the program increases the earning potential of airdrops and benefits for restakers and users. With just one click, users of

August 13, 2024 2 mins read

Lido DAO (LDO) Price Prediction 2024, 2025, 2026-2030

In this Lido DAO (LDO) price prediction 2024, 2025-2030,  we will analyze the price patterns of LDO by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Lido DAO (LDO) Current Market Status What is Lido DAO (LDO)? Lido DAO (LDO)

July 28, 2024 7 mins read