The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs
Plus: What Zuck can teach DAOs about governance.
DAO
Build-on-Bitcoin Trend Imports Another Concept from Ethereum: the DAO
RootstockCollective, the first DAO on the Bitcoin layer 2, is designed to encourage builders and users of Rootstock
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 argued in an interview.
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
Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an “oasis.”
PancakeSwap Plans ‘Affiliates’ for Expansion; Cake Holders to Benefit
CAKE token holders will benefit from the success of affiliate forks as they will receive native DEX tokens from affiliates, if things go as planned.
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.”