Tag: DAO
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2023 Highlights and 2024 Predictions: DAOs Navigate Hacks, Lawsuits, and Governance
Separation of Powers One notable example is the governance structure of the Token House, which operates on Optimism’s OP token distributed through an airdrop. Through voting, members actively participate in determining protocol upgrades and inflation adjustments. In contrast, the Citizen House adopts an identity-based governance approach to fund Optimism’s retroactive public goods initiative. Individuals contributing […]
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As the CEO sells holdings, Umami Finance’s token drops by more than 50%.
Ad Protocol for decentralized finance Umami Finance is in turmoil since the project’s destiny is unknown to the locals. According to Discord chats viewed by CryptoSlate, a number of the Umami crew quit in an effort to bring the project “back towards decentralization and a DAO structure.” According to the conversations, the protocol’s CEO Alex […]