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DAO
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle.

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.

DAOs Don't Have to Be Completely Decentralized
Sometimes hierarchies have a place. Complete organizational "flatness" is not always the most effective path for Web3 communities.

Collab.Land to Airdrop Token to Over 2M Wallets on Optimism
The automated management tool for on-chain asset verification and token gating is growing its ecosystem by establishing a decentralized autonomous organization governed by COLLAB.

LinksDAO to Bid on Scottish Golf Course Following Vote
The decentralized autonomous organization will make an offer on the 18-hole Spey Bay Golf Club, worth about $900,000.

NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade
Called the Forge, the upgrade focuses on wearables, one of three attributes that determine the value and rarity of Aavegotchi NFTs.

Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
As circulating supply trends to zero, the lack of growth could "hurt peg arbitrage opportunity and asset peg," one community member said.

DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin.

Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
The move follows Umami making changes to how its value accrual token worked.
