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DAO
Wormhole Wins Vote to Be Uniswap’s Designated Bridge to BNB Chain
Uniswap aims to deploy its version 3 decentralized exchange on BNB Chain before its business source license expires on April 1. LayerZero, a target of recent criticism for under-publicized security risks, finished second in the voting.
Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up
Avraham Eisenberg lost his gamble in more ways than one.
VitaDAO Closes $4.1M Funding Round With Pfizer Ventures for Longevity Research
The decentralized autonomous organization told CoinDesk that crypto enthusiasts, including Vitalik Buterin, have long been interested in funding research to extend human life.
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
FLOKI's price has rallied more than 100% in the past week.
Japan Embraces Web3 As Global Regulators Grow Wary of Crypto
With tight regulations already in place that helped insulate FTX Japan and its investors from heavy losses, Japan is working on policy and guidelines for stablecoins, NFTs and DAOs as it welcomes a crypto future.
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
The decision opens the way for MakerDAO to earn an estimated 2% annual yield on USDC stablecoin deposits.
Paxos Courts MakerDAO With Paying Yield for Holding Up to $1.5B USDP Stablecoin
The proposal by Paxos is part of MakerDAO’s effort to generate income on its $7 billion digital asset reserve.
MakerDAO Votes to Keep Gemini USD in DAI Stablecoin’s Reserves
The result averts near disaster for Gemini’s stablecoin, because MakerDAO holds 85% of all GUSD in circulation.
SSV DAO Starts $50M Fund to Push Ethereum's Decentralization Plan
The ecosystem fund follows SSV's $10 million grant pool announcement last year to help teams develop staking projects on Ethereum.
Ethereum Name Service's Governance Proposal Outlines Intention to Sell 10,000 ETH
The DAO's treasury currently holds 40,746 ETH and 2.46 million USDC.
