DAO


Markets

DeFi Project Parrot Holds Contentious Vote on Future of $70M Treasury

The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.

Birds in Costa Rica

Finance

Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products

The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage.

Index (Maksym Kaharlytskyi/Unsplash)

Tech

Aave DAO to Vote on Gho Stablecoin Deployment on Ethereum

Gho has been available on the Ethereum blockchain’s Goerli testnet since February, where it has functioned without encountering any major bugs.

Aave means ghost in Finnish. (Unsplash modified by CoinDesk)

Web3

AzukiDAO Votes on 'Reclaim' of 20K Ether After Botched Elementals NFT Mint

“We have only been given a similar profile picture to that of the original Azuki holders,” the DAO proposal reads.

Azuki Elementals (OpenSea)

Web3

This Free-to-Mint Soulbound NFT Tracks Your Web3 Work History

Digital community platform Coordinape is rolling out CoSoul, which allows users to create a digital resume on-chain.

CoSoul NFT (Coordinape)

Markets

MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets

The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.

Rune Christensen, fundador de MakerDAO. (CoinDesk TV)

Policy

France's Markets Regulator Backs Global Rules for DeFi

The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks.

The Financial Markets Authority in Paris, France (Jack Schickler/CoinDesk)

Tech

Unveiling the Uniswap Foundation's Bridge Report: Winners and Losers

Wormhole and Axelar take top honors after a months-long assessment process aimed at addressing concerns with Uniswap’s previous bridge selection practices.

Puente. (Aleksandr Barsukov/Unsplash)

Markets

Wallet Linked to Curve Founder Repays $1.3M to Aave Amid CRV Token Decline

Lending protocol Aave DAO has already been recommended to “freeze” millions worth of CRV tokens.

(vlastas/iStock)

Web3

ApeCoin DAO Special Council Six-Figure Salaries Sparks Discussion

The decentralized autonomous organization behind ApeCoin, the native currency of the Bored Ape Yacht Club ecosystem, pays each member of its Special Council $20,833 per month.

ApeCoin DAO organizational chart. (Vulkan/Twitter)