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Governance
What Is a Governance Token?
These tokens play an important role in distributing the control of blockchain projects among their communities of users.

Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
The beloved NFT project Pudgy Penguins voted out its founders Thursday after they allegedly failed to deliver on stated goals and drained the treasury of funds. Some argue the entire project should be decentralized, potentially an industry first. "The Hash" squad discusses the latest battle for control, raising governance questions surrounding NFT communities and what this means for the fate of Pudgy Penguins.

Sushi Tries to Pick Up the Pieces: A DeFi Governance Case Study
The popular automatic market maker is pushing an ambitious governance overhaul after months of infighting. What’s next?

After $130M Hack, Badger’s Restitution Plan Tests Limits of DAO Governance
One of the most devastating hacks in recent memory has led to an ambitious payback plan.

Rari Capital, Fei Protocol Look to Overcome Bagholder Bias in Ambitious DeFi Merger
Two teams are looking to form a $2.4 billion DeFi powerhouse. What’s the holdup?

Popular DAO Voting Platform Snapshot Labs Raises $4M
Snapshot will use the funds to expand the reach of its DAO governance tools.

RLY Venture Studio Launches With Fresh Backing From Paris Hilton and Marc Andreessen
SuperLayer’s debut comes as Rally community members debate the ecosystem’s decentralization plan.

RLY Holders Approve Social Token Platform’s Decentralization Plan
The proposal’s 36 voters unanimously backed Rally’s plan to spawn a venture studio, an Asia-focused affiliate and other new entities.

A16z Details Its New Approach to Crypto Governance
Perhaps the most powerful force in DeFi governance is promising to lift the veil on its internal procedures.

Custody Firm Anchorage Launches Governance Voting With DeFi Giant Aave
The Anchorage governance portal looks to boost institutional players’ DeFi involvement.
