The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs
Plus: What Zuck can teach DAOs about governance.
Dao governance
‘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.
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
Arbitrum Voters Polarized Over ‘Research’ Pitch With $2M Price Tag
Proposed coalition of professional researchers could help “accelerate decision-making” at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.
How Much Does the First Mover Advantage Matter for Crypto Staking?
The first mover advantage matters for platforms like Lido, but crypto’s longterm viability will require to shake up the staking market. (Papafox/Pixabay)
Crypto and the Real Meaning of ‘Radicalism’
The right-wing economics that shaped crypto doesn’t determine its future, argues a new book by Joshua Dávila – A.K.A. The Blockchain Socialist.
The $11M NFT Auction and Snoop Dogg’s Evolving Collection
Rapper Snoop Dogg has released new NFTs that evolve in utility throughout his tour this summer, while Sotheby’s concluded a successful second 3AC NFT auction, including $6.2M for Dmitri Cherniak’s “The Goose.”
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
After attempting to thwart what it called a “coordinated” attack on its town square, Aragon reiterated its “code is law” position.
NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles
The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market.
How to Use a DAO to Build a Web3 Community
The community-based projects could become one of the biggest growth engines in the Web3 space, but more agile governance structures may need to be put in place to unleash their full potential.