DeFi
New Sushi Head Chef promotes asset-backed tokens, receives 83% of vote
Jared Grey has been appointed as the new Head Chef for Sushi and has strong beliefs in asset-backed tokens as the future of DeFi
Liam 'Akiba' Wright 3 min read DAOs News
Read DAO news covering governance proposals, treasury management, community voting, incentive design, and decentralized coordination.
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Top DAOs Stories
Liam 'Akiba' Wright 3 min read 
Regulation
Ooki DAO moves to raise funds to defend against CFTC lawsuit
Ongoing discussions in the Ooki DAO forum have outlined three action plans to help the community raise funds to respond to the CFTC's complaint.
DAOs
Vitalik Buterin argues that highly decentralized DAOs will be more efficient than corporations
For DAOs to be more efficient, Vitalik said they need to remain highly decentralized while incorporating elements of political science and corporate governance.
More DAOs News & Analysis
DAOs
Coinbase submits proposal that could earn MakerDAO $24M annually
Some MakerDAO members argued that the proposal could affect the protocol’s decentralization and add another layer of regulatory attack.
DeFi
Aave votes to pause ETH borrowing following concerns of users trying to maximize ETHPoW airdrops
A governance proposal on Aave has been passed to suspend ETH borrowing following detailed simulations of high utilization of ETH caused by users attempting to receive an ETHPoW airdrop.
DAOs
Aave DAO urges members to commit support for Ethereum’s PoS merge via governance proposal
Aave developers believe that no Ethereum fork running on an alternative consensus can effectively sustain a viable Aave market.
DAOs
Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe
According to a member of the Tornado Cash team, the DAO has been shut down as it "can't fight the US" and contributors are scared of being prosecuted
DAOs
MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum
Buterin has called MakerDAO’s idea of converting its reserve into Ethereum a “risky and terrible idea.”
Culture
Erik Voorhees urges MakerDAO community to exit USDC positions after Tornado Cash sanctions
Shapeshift CEO Erik Vorhees urged the MakerDAO community to unwind USDC collateral and move it to a stablecoin more "resistant" to censorship.
