News with the tag "DAO"

ListaDAO has approved the burn of 200 million LISTA tokens, a 20% reduction in total supply, to enhance token value and ecosystem health, while also strengthening the lisUSD stablecoin and demonstrating the power of decentralized governance.

S&P Global Ratings assigned a B- credit rating with a stable outlook to Sky Protocol, marking the first time a major credit ratings company has graded a DeFi protocol.

LayerZero Foundation has proposed a $110 million acquisition of Stargate bridge, leading to a 22% surge in ZRO price and a 15% rise in STG price.

The Orca DAO proposal introduces a strategic plan involving Solana staking and an ORCA token buyback program to enhance the Orca DEX platform's stability, increase ORCA token value, and reward its community.

Jito Labs has proposed JIP-24 to redirect all Block Engine and Block Assembly Marketplace (BAM) fees to the Jito DAO treasury, enhancing Solana decentralization and empowering JTO tokenholders.

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Yield Guild Games (YGG) is transitioning from passive treasury management to an active strategy by allocating 50 million YGG tokens ($7.5M) to an on-chain guild, aiming to enhance financial resilience, ecosystem growth, and decentralized financial models in the GameFi space.

Curve DAO is reconsidering its Layer-2 strategy due to concerns about profitability and sustainability, sparking a broader debate within the DeFi community about the economic viability of multi-chain expansions.

Euler DAO is proposing a 10% fee hike on stablecoin and yield vaults to increase annual revenue from $714,000 to $3.6 million, aiming to ensure long-term sustainability and fund future development.

Lido's native token LDO price increased by 10% following the unanimous community approval of the Community Staking Module v2 upgrade, which aims to enhance decentralization, security, and performance in Lido’s ecosystem.