Tag
Governance
19 articles
Aave DAO Moves to Control Protocol IP Through Cayman Foundation
Aave Labs proposed a memberless foundation to bring the lending protocol's trademark, domains and codebase under DAO governance, with initial setup requiring separate votes on asset transfers.
Dragonfly's Qureshi Calls for Zcash Dev Fund Wind-Down as Balance Nears $100M
Zcash's development fund has accumulated 63,962 ZEC tokens valued at $95 million, prompting calls from prominent VCs to dissolve it when its mandate expires in 2028.
SEC Staff Rewrites Token Buyback Guidance, Mandating 'No Central Party' for DeFi Protocols
The Division of Corporation Finance added a decentralization condition to its crypto FAQ, changing buyback permissibility into a structural governance test.
Solana Governance Votes on Emissions Cut, Fee Mechanism During Meme Coin Competition
Validators are deciding on a constitution, an 18.9 million SOL emissions reduction, and a fee mechanism targeting 9,000 daily SOL burns as Robinhood Chain and Base gain market share.
Curve DAO Appoints yRisk as Provider During Undisclosed Resupply Exploit
Curve DAO approved yRisk for crvUSD and Llamalend risk management with a $250,000 mandate, but governance voters were not informed of a $9.6 million exploit involving the provider's core developers
Uniswap's Fee-to-Burn Mechanism Drives $160M Annualized UNI Destruction
Protocol fees activated following UNIfication governance vote now flow directly to token burns, transforming UNI into a value-accruing asset.
Solana Validators Pass Disinflation Vote After Last-Minute Flip
SGP-0002 secured 67 percent support in Solana's first network-wide governance vote after a major validator switched sides in the final hour
Arbitrum Deploys ArbOS 61 Elara With Compliance Filters for Orbit Chains
The Aug. 20 upgrade ships compliance and priority-fee tooling disabled on Arbitrum One and Nova, leaving configuration to dedicated chain operators
Optimism Redirects $49.7M Airdrop Reserve to Enterprise Fund After Last-Minute Vote Flip
Collective-funded dev team cast 8.486 million OP with under 17 minutes remaining, pushing approval to 61.84% and redirecting 546.9 million OP from future airdrops.
Term Finance Loses $8.5M in Governance Exploit, Shuts Meta Vaults
An attacker exploited Term's custom governance wrapper to drain 2,843 Ether and 1.68 million USDC from the protocol's strategy vaults, prompting Term Labs to permanently close the product.
Aave to Wind Down V3 Markets on Six Chains, Offload $98M in Assets
Governance proposal targets Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, retiring 50 low-use reserves and 21 Pendle PT listings.
Aave Moves to Exit Six V3 Markets, Cutting 50 Reserves in $98M Cleanup
LlamaRisk's ARFC targets Sonic, Scroll, zkSync, Metis, Soneium and Aptos, with $15.6M in outstanding debt across all six deployments.
Aave Proposes Winding Down Six V3 Markets, Offboarding $98.1M in Assets
The lending protocol targets Sonic, Scroll, zkSync, Metis, Soneium and Aptos deployments, affecting $98.1 million in supplied assets and $15.6 million in debt.
1inch Launches Aqua to Spread Single-Wallet Liquidity Across 13 Chains
Aqua lets market makers quote positions on multiple protocols simultaneously from one wallet, with atomic reversion if a trade exceeds the available balance.
Aave ARFC Targets V3 Wind-Down on Six Chains, $98.1M in Supplied Assets
The proposal covers 50 low-use reserves and 21 matured Pendle Principal Tokens across Sonic, Scroll, zkSync, Metis, Soneium and Aptos.
ENS Labs Drops Operational Wallet Transfer From Foundation Proposal After Delegate Pushback
A revised executable draft removes the controversial plan to shift the ENS DAO's operational wallet to a new foundation entity.
Aave Proposes Deprecating 75 Reserves Across Six Deployments, Hitting $98M in Supplied Assets
The Aave Risk DAO targets illiquid long-tail markets with $15.6 million in outstanding debt, aiming to cut oracle costs and reduce protocol complexity.
Stacks SIP-045 Passes With 99% Approval, Hard Fork Set for July 29
The Stacks community approved SIP-045, enabling native Bitcoin staking and adjusting the STX emission schedule, with a hard fork targeting Bitcoin block 907,740.
ECB Exposes DeFi's Centralized Core, Demands Action
The European Central Bank found DeFi governance is concentrated in few hands, warning of regulatory action and calling for changes to decentralized power structures.