Category: Governance

Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give these companies participation in on-chain Avalanche governance and exposure […]

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OpenSea confirms executive used insider knowledge when buying NFTs

OpenSea confirms executive used insider knowledge when buying NFTs

One of the non-fungible token (NFT) space’s biggest marketplaces has admitted that a senior employee has been getting the drop on its most popular drops. Twitter users last night accused Nate Chastain, head of product at OpenSea, of using secret Ethereum wallets to snap up the platform’s front-page NFT drops before general release. Citing transactional […]

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Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K

Dydx Protocol Unlocks Airdrop Rewards; Users Get up to $50K

Dydx, a decentralized exchange, finally unlocked its airdrop rewards for users. Its governance token, dydx, was locked due to airdrop restrictions since the protocol announced its distribution on August 3rd. Since its release the price has skyrocketed, giving some of the more active users on the platform more than $50K worth of dydx. However, some […]

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Panama lawmaker introduces proposed crypto regulation law

Panama lawmaker introduces proposed crypto regulation law

An independent lawmaker in Panama has introduced a bill to the country’s National Assembly that if approved will regulate crypto assets and promote blockchain adoption. The proposed law aims to make Panama “compatible with blockchain, crypto assets and the internet,” tweeted congressman Gabriel Silva, whose profile photo features the red laser beam eyes popular with […]

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How the crypto industry’s very own PAC plans to decentralize political funding in 2022

How the crypto industry’s very own PAC plans to decentralize political funding in 2022

Quick Take With the crypto world paying closer attention to the goings-on of Washington, DC, HODLpac is trying to bridge the two.  HODLpac founder Tyler Whirty spoke with The Block on plans to decentralize PAC financing in time for the 2022 elections.  This feature story is available to subscribers of The Block Daily. You can […]

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Social Coordination in DeFi Governance

Social Coordination in DeFi Governance

Quick take Frameworks for on-chain governance are a topic of ongoing experimentation and innovation. The limitations of purely on-chain governance present opportunities for exploring novel social coordination mechanisms.  Yearn, Maker, and Synthetix have some of the most elaborate social governance mechanisms and will be examined here. This research piece is available to members of The […]

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Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, especially when providing […]

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Erik Voorhees on freeing ShapeShift and outmaneuvering regulations

Erik Voorhees on freeing ShapeShift and outmaneuvering regulations

Quick Take ShapeShift CEO Erik Voorhees says that the exchange’s path to decentralization “removes some of the ability of regulations to apply.” Voorhees further argues that the crypto industry should try to “outmaneuver regulations wherever possible.” He sets out how the company will achieve its plan to become fully decentralized. This feature story is available […]

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Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols

Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols

Data shows a number of groups from major universities are participating in decentralized finance (defi) governance. For instance, out of 15 of the largest voters in Uniswap’s last governance proposal, six of the major voters were tied to universities like Harvard, Berkeley, Stanford, Penn, Michigan, MIT, and Columbia University. Blockchain University Groups Identified as Major […]

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