News list for " governance theory"
According to the official governance forum, the ZKsync community initiated a draft TPP on the "AAVE DAO Airdrop Application Extension Request". The proposal proposes a new Capped Minter to access unclaimed ZK airdrops assigned to AAVE DAO and distribute them to AAVE users and partner agreements on ZKsync. Representatives of the AAVE DAO have deployed the new ZK Capped Minter V2. Once the proposal is approved, MINTER roles will be assigned to Capped Minter. This will enable AAVE to cast ZK and di...
Polkadot community member Alice und Bob released the Treasury Operations Report for the third quarter of 2024 at the Official Governance Forum. The report shows that the balance of the Polka treasury is 33.30 million DOT ($153 million), and after deducting liabilities, the surplus is 32.40 million DOT ($149 million). In terms of spending, the Polka Treasury spent a total of $27 million (5.20 million DOTs) in the third quarter, which is about half of the total in the second quarter (down from $58...
The SSV Network recently submitted two important proposals at its Governance Forum, which are currently under discussion. The first proposal seeks to continue and extend the previous DIP-16 community and marketing management proposal, seeking additional funding for new events and marketing services. The proposal requests $191,830 and $150,000 in SSV tokens for PR, conferences and specific marketing campaigns, and an additional request for $1 million in SSV tokens as compensation for previous wor...
Manta Network community users initiated a proposal in the governance forum to migrate Manta Atlantic, Manta's polka parallel chain. Potential options include building a custom chain based on Cosmos, and building an independent Layer 1 chain similar to Solana and Sui. Note: Manta Atlantic is a parallel chain network previously launched by Manta based on Polka, not Manta Pacific, the Layer 2 network currently being developed by Manta.
On July 3rd, Frax Finance, a stablecoin protocol, published a proposal to convert FXTL credits to FXS in its governance forum. The proposal consists of two parts, an initial conversion, and an FXTL conversion to run every year thereafter. 5 million FXS will be used for this purpose, and after the initial conversion of FPIS, its market value will reach 93 million FXS. Thereafter, 1 million FXS unlocks will be designated for FXTL credits conversion every year.
On July 2nd, Phoenix Labs launched a new proposal to increase weETH capacity at the MakerDAO Governance Forum and has opened on-chain voting on the Maker Governance Portal for three days. The proposal notes that there has been strong demand for weETH since mid-June, with deposits reaching millions of dollars in the first few weeks of integration with SparkLend. As a result of this demand, Phoenix Labs has proposed changes to the weETH collateral parameters on the Ethereum mainnet to enhance the ...
On June 25th, the official governance forum revealed that the Aave community has launched a new proposal to add dlcBTC to Aave V3 on Ethereum and Arbitrum. DlcBTC is a decentralized encapsulation of bitcoin on the Ethereum chain, enabling bitcoin holders to participate in the DeFi protocol while retaining full ownership of their assets. It uses discrete log contracts (DLCs) for secure cross-chain transactions, ensuring trustless and decentralized asset management.
The official Aave governance forum revealed that community member Akibalogh initiated a proposal to add dlcBTC to Aave V3 on Ethereum and Arbitrum, the decentralized wrapper bitcoin on Ethereum.
On June 24th, the official governance forum revealed that the Arbitrum STEP committee initiated discussions on the proposal to inject DAO treasury funds into the RWA field. The proposal states that in order not to over-diversify the funds and increase the risk of operation or default resulting in loss of principal, the committee selected 6 products from the 17 shortlist previously shared. The specific amount for each provider is mostly based on the existing asset management scale. The proposal p...
