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Governance
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.
Health and Fitness App Sweat Economy to Vote on 'Reallocating' 2.5B Inactive Tokens
The 2.5 billion “abandoned” SWEAT tokens, which constitute around 13% of the total supply, were allocated to users at the app's conception last September.
Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.
Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
FLEX holders can convert their tokens for OX at a ratio of 1:100.
Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds
Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack.
Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course
To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection.
Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum
If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido’s biggest market.
Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
Community members are vying for a new model to bolster revenue to sustain a peg to the U.S. dollar.
Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum
Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.
