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DAO
Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
RootstockCollective, a new decentralized autonomous organization, or DAO, is designed to encourage builders and users of Rootstock – one of the oldest and most closely watched projects among the fast-growing ranks of layer-2 blockchains built atop Bitcoin.
Snapshot, Popular DAO Voting Platform, Finally Moves On-Chain, Atop Starknet
Snapshot X, the new governance protocol, makes use of storage proofs – a cryptographic feature that StarkWare, the primary developer of Starknet, has helped innovate and embraced.
'Golden Boys' Move on CompoundDAO Wasn't a Governance Attack: Tally Protocol CEO
Sitting on the sidelines during the democratic process means you can't complain about the result, the CEO and co-founder of a DAO vote-counting protocol said.
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
MetaDAO, a Solana experiment in governance by "futarchy," raised a total of $2.2 million to fund operations.
COMP Down 6.7% after Supposed 'Governance Attack' on Compound DAO
A whale holding COMP tokens is helping push through a governance proposal that would allocate $24 million in COMP to a yield-bearing protocol called goldCOMP.
DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
Wyoming Grants DAOs New Legal Structure
The governor signed a law setting up a legal status – "decentralized unincorporated nonprofit associations" – for DAOs there, and one investment firm called Wyoming an "oasis."
Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
Uniswap's reward sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.
USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets
First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al.
Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Gauntlet co-founder John Morrow said his team "found it difficult to navigate the inconsistent guidelines and unwritten objectives" of Aave's "largest stakeholders."
