Lido Finance’s decentralized governance body – Lido DAO – has voted against a proposal to sell 10 million LDO tokens (1% of the supply) for $14.5 million in DAI to venture capital firm Dragonfly Capital. […]
Blockchain analytics firm Chainalysis’ latest report reveals that less than 1% of all holders in major DAOs have 90% voting power. It also cited Solend’s attempt to seize a whale’s account to avoid potential insolvency […]
DAOs can provide several services for banks, including asset management, compliance and lending. Banks today are already using blockchain technology for things like payment, clearing and settlement, trade finance, identity and syndicated loans, according to […]
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, […]
What is a DAO? A DAO, or decentralized autonomous organization, is an online-based organization that exists and operates with no single leader or governing body. DAOs are run by code written on a blockchain like […]
As a women-led organization in the Web3 space, UnicornDAO has been shaking barriers and was able to raise a staggering $4.5 million in support of women and/or LGBTQ artists. The feminist movement called UnicornDAO led […]
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