Ethereum Launches New DAO Defense Fund
The DAO, once a threat to Ethereum, returns as a $220M security fund to strengthen the network. #Update #Crypto $ETH
DAO
TRON DAO Secures $8M for Expansion
River secures $8M from TRON DAO Ventures to expand its chain-abstraction stablecoin infrastructure within the TRON ecosystem. #Update #Crypto
JustLend DAO Burns 11% JST Supply
JustLend DAO completes a second buyback and burn of 525M $JST tokens, valued at $21M, removing nearly 11% of total supply. #Update #Crypto $JST
Aave Founder Denies Token Influence in DAO Vote
@StaniKulechov denies claims of purchasing $15M in $AAVE tokens to sway a failed governance vote, emphasizing his commitment to Aave and future communication improvements with token holders. #Update #Crypto $AAVE
Aave Faces Identity Crisis Amid Tokenholder Rights Debate
Aave’s community is divided over control of its brand and assets, sparked by an integration that favored Aave Labs. A vote is ongoing; 58% oppose transferring ownership to the DAO. #Update #Crypto $AAVE
Aave Governance Vote Divides DAO Community
@AaveLabs’ decision to advance a governance proposal without original author Ernesto Boado’s consent has caused division in the DAO community, raising concerns over procedural integrity. #Update #Crypto $AAVE
Balancer DAO Exploit Triggers Compensation Review
@BalancerDAO plans to compensate liquidity providers for over $110M lost in a recent exploit, issuing payments in affected tokens on Ethereum, Polygon, Base, and Arbitrum. #Update #Crypto $BAL
Balancer DAO Launches $8M Recovery Plan
@BalancerDAO is discussing an $8M recovery plan following a $110M exploit that reduced total value locked (TVL) by two-thirds; tokens will be returned in their original forms. #Update #Crypto $BAL
dYdX Approves 75% Revenue Buyback Increase
The dYdX community approved proposal #313, increasing buy-back allocation to 75% of net protocol fees, with 5% to Treasury SubDAO and MegaVault each, enhancing tokenomics. #Update #Crypto $DYDX
Ethereum DAO Launches Automated LDO Buyback
Lido DAO proposes an automated LDO token buyback mechanism using NEST automation and wstETH pairs, activating when ETH exceeds $3,000 and DAO revenue tops $40M. #Update #DeFi $LDO
Euler DAO Launches New Multi-Sig Address
Euler DAO introduces a new multi-signature address to enhance governance and operational efficiency within its DeFi lending protocol. #Update #DeFi
TRON DAO Joins Europol’s Crypto Conference
@TRONDAO participated in the 9th Global Conference on Criminal Finances and Cryptoassets, highlighting the T3 Financial Crime Unit’s success in combating blockchain-related crime. #Update #Crypto $TRX
TRON DAO Launches Global University Collaborations
@TRONDAO expands its academic collaborations with blockchain clubs at Columbia and Harvard, enhancing blockchain education and innovation opportunities for students. #Update #Crypto $TRX
Aave DAO Launches $50M Annual Token Buyback
@Aave DAO proposes a permanent $50 million annual token buyback funded by DeFi revenues, building on prior successes. #Update #Crypto $AAVE