Topic
The processes by which decentralized organizations make decisions, including token-holder voting, proposals, delegates, and treasury management.
Compound's COMP holders are voting to stretch treasury delays from two days to ten and give governance a cancel over treasury transactions. That moves treasury control to the token vote, the subject of a September dispute over the Compound Foundation's use of DAO reserves.
Reality
Greenfield Capital asked Switzerland's foundation watchdog to examine Safe's Zug foundation, whose board it says has at times had only two members. The early backer wants Stefan George replaced and independent directors added after months of talks failed.
Reality
Derive will move its options exchange onto Ethereum on October 6 pending a vote, carrying about $2 billion of an estimated $40 billion in open interest. The V3 rebuild bets that outside apps will plug into its engine and carry Derive's growth against Deribit.
Reality
Compound delegate Ugurmersin alleges the Foundation turned 8.42M DAI of DAO reserves into 344,780 COMP and voted it to win treasury control. If the chain record agrees, the only people enforcing the reserve's written limits were the signers accused of breaking them.
Reality
The DAO's largest-ever budget defunds liquidity-provider rewards in favour of institutional partnership work, and hands the protocol to Coinbase Custody's former chief executive.
Reality
NEST routes half of any revenue above a $40M annual baseline into buying LDO, capped at $10M a year. DefiLlama puts Lido's annualised revenue near $38M.
Reality