Curve (CRV) Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

Called option D, it would see pETH price speculators and yield farmers who did not deposit into Curve via JPEG’d in-house service, called Citadel, get most of their money back, but not all. That’s in contrast to paying customers: pETH minters who paid a small fee to earn interest in a Curve pool through Citadel. […]

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DeFi Project Parrot Puts Fate of Over $70M Treasury, PRT Token, to Vote

One popular way to accomplish this feat is by giving token holders a voting say in the protocol’s operations through a DAO. Indeed, Parrot sold over $80 million of its PRT “governance token” to the public in late 2021. But Parrot never set up a DAO through which PRT owners could vote on anything. Instead, […]

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Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight

A DAO, or decentralized autonomous organization, is a method of governance in which crypto investors vote to decide how a project is run. Aragon builds tools to help other DAOs operate and is itself partially governed by a DAO. This week it began moving its treasury toward community control, an effort nearly a year in […]

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Arbitrum’s First Governance Proposal Turns Messy With $1B ARB Tokens at Stake

Those tokens would fund a “special grants” program meant to foster growth on Arbitrum, the Ethereum layer 2 that airdropped its governance token ARB just last week. But ARB holders would not get a say in who or how Arbitrum Foundation allocates the nearly $1 billion sum, according to the proposal, AIP-1.

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