Floki on Course for Europe ETP as DAO Floats Proposal to Provide Early Liquidity
A Floki exchange-traded product is set to go live in Europe in early 2025, a project developer told CoinDesk.
Token Governance
Jade Protocol Faces Calls to Liquidate $31M Token Treasury
The crypto club Jade Protocol could become the latest DAO to die.
Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists
It wasn’t only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project’s treasury.
Mantle Introduces New Governing Body for Treasury Management
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.
DeFi Firms Sign Up to Balancer’s Plan for Tackling Lack of Liquidity
Decentralized finance (DeFi) protocol Balancer has attracted several of its peers with a new tokenomics proposal dubbed the “8020 Initiative.”
Terra Classic Revival Plans Continue as 6 Engineers Aim to Revive LUNC Ecosystem
Some LUNC token holders remain committed to a Terra ecosystem revival.
Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
The Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
The rebalancing comes as ether rallies off a successful Shapella upgrade.