The prominent NFT project is on the verge of parting with a significant portion of its treasury as disillusioned investors prepare to make their exit.
Decentralized autonomous organizations have the potential to become highly effective and transparent global entities capable of performing a wide range of functions. Danny Chong elaborates on how they might redefine the role of political parties.
The introduction of the Enhanced Dai Savings Rate has managed to partially counteract the decline in the token's market value that had been observed.
JPEG'd DAO participants are currently deliberating on the best approach to allocate a bounty of $1 million.
The CRV/KRW trading pair, available on South Korea's Bithumb exchange, has demonstrated a notable decoupling from the CRV/USD pairs listed on Western exchanges, which are showing signs of price weakness.
The circulation of Maker's DAI stablecoin has decreased by 33% in the past year
The redemption plan for the protocol seems heavily biased towards benefiting employees and Parrot's venture investors.
As per the blockchain data, the lending platform is well-positioned to eliminate approximately $7 million worth of MKR governance tokens from the market in the coming month.
'We have only been given a similar profile picture to that of the original Azuki holders,' the DAO proposal reads.
The protocol's community decided to incorporate a new real-world asset vault, which would allocate funds to invest in U.S. Treasury bonds, up to the specified additional amount.