Governance token


Tech

Mark Zuckerberg Could Teach DAOs Like Compound a Governance Lesson

A $24M "governance attack" led by a whale known as Humpy shows the flaws of a "one token, one vote" system, says security audit firm OpenZeppelin.

WASHINGTON, DC - JANUARY 31: Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC. The committee heard testimony from the heads of the largest tech firms on the dangers of child sexual exploitation on social media. (Photo by Alex Wong/Getty Images)

Markets

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot

The cross-chain service is popularly used to transfer funds between the Ethereum, Base and Solana blockchains, among others.

(Markus Spiske/Unsplash, modified by CoinDesk)

Markets

Solana-Based Zeta Markets Debuts Governance Token Z

The launch of governance token is part of a broader strategy that involves plans to release Solana's first layer 2 scaling solution, Zeta Markets said in the press release.

Coin jar (Josh Appel/Unsplash)

Markets

Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents

Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply

Ethena's governance token ENA (Ethena Labs)

Finance

Curve Token Climbs After Binance Labs Commits to $5M Investment

The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying on the BNB Chain.

Binance has appointed Yi He to oversee Binance Labs (Binance)

Finance

Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt

Michael Egorov is under liquidation pressure following CRV’s recent price drop and Curve exploit.

Curve founder Michael Egorov was liquidated, again. (Michael Egorov, modified by CoinDesk)

Finance

DYdX Proposal to Slash Token Issuance Wins Early Support

In theory, this could boost the price of DYDX, based on the basics of supply and demand.

The governance vote comes almost a month after dYdX, which has about $346 million in total value locked, launched its public test network on Cosmos.(Bettmann/Getty Images)

Videos

Parrot Finance Starting PRT Token Buyback Next Week

DeFi protocol Parrot Finance is moving forward with an activist investor-led plan to phase out its governance token (PRT) and will begin redemptions on Monday. Parrot’s redemption program comes two years into the project’s unremarkable run on the Solana blockchain, where it has failed to catch fire despite raising over $90 million from investors. "The Hash" panel discusses what this suggests about the fate of the Parrot protocol and the state of DeFi at large.

CoinDesk placeholder image

Pageof 1