DAOs
SushiSwap Head Chef discloses $5.2M budget for DAO operation in 2023
Over 80% of SushiSwap's $5.2 million budget was allocated to salaries, with its top contributors earning up to $500,000 annually.
Christian Nwobodo 1 min read
DAOs News
Read DAO news covering governance proposals, treasury management, community voting, incentive design, and decentralized coordination.
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DAOs
Courts orders the CFTC to serve lawsuit to Ooki DAO’s original founders
Judge William Orrick said that there was no point indicting all Ooki DAO members when its original founders Tom Bean and Kyle Kistner are known.
DAOs
This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT
The donation was proposed by Bitwise's cofounder and chief technical officer, Hong Kim (known as Noun 40 on Twitter), and was passed by an overwhelming majority.
Latest DAOs News & Analysis
DAOs
ConstitutionDAO set to buy the US constitution again with private multisig
ConstitutionDAO claims that the transparency of the Ethereum blockchain undermined its first bidding effort. In the second attempt, it will participate in the Sotheby's auction via a private multsig wallet.
DAOs
Sushi DAO approves proposal to evolve into 3 legal entities
Sushi's new legal structure will include a Cayman Island-based DAO foundation, a Panamanian foundation, and a Panamanian corporation.
People
UK Financial Policy Committee’s Carolyn Wilkins calls for improved governance, trust in crypto industry
Carolyn Wilkins said that protocols need to re-examine their decision-making process which is largely "centralized" and adopt best practices to improve their transparency so as to retain the trust of investors.
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
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 Headlines
DAOs
Coinbase submits proposal that could earn MakerDAO $24M annually
DeFi
Aave votes to pause ETH borrowing following concerns of users trying to maximize ETHPoW airdrops
DAOs
Aave DAO urges members to commit support for Ethereum’s PoS merge via governance proposal
DAOs
