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SushiSwap CEO Proposes New Token Model
cryptocurrency

SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

Uniswap Foundation Seeks Additional $46.2M Funding for Next Two Years of Operations
cryptocurrency

Uniswap Foundation Seeks Additional $46.2M Funding for Next Two Years of Operations

The Uniswap Foundation initiates a governance proposal for an additional $46.2M funding to sustain its operations for the next two years. This follows a Temperature Check, ahead of an on-chain vote slated for October 12, 2023. The funds, converted based on a 30-day TWAP of UNI, are designated for grants and operational costs, among other strategic initiatives aimed at bolstering Uniswap's position in the DeFi sector.

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch
cryptocurrency

Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch

Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.

CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors
cryptocurrency

CyberConnect Fully Responsible for Proposal Fueling CYBER Token Manipulation Rumors

CyberConnect has retracted a proposal aiming to optimize CYBER liquidity across Ethereum, Optimism, and BNB Chain, citing rumors of CYBER token manipulation and market control. The revised proposal will focus on a bridge for free CYBER movement, undergoing a multi-day voting period and security audit.

CyberConnect Rejects Proposal CP-1 After CYBER Coin Dropped Over 40%
cryptocurrency

CyberConnect Rejects Proposal CP-1 After CYBER Coin Dropped Over 40%

CyberConnect rejected its CP-1 snapshot proposal, aiming to improve CYBER token liquidity across networks, causing a 40% drop in value, raising concerns about potential investor withdrawal.

Ethereum's Future Unveiled by Vitalik Buterin at EthCC
cryptocurrency

Ethereum's Future Unveiled by Vitalik Buterin at EthCC

At EthCC, Ethereum's Vitalik Buterin outlined the protocol's future, highlighting key developments like the transition to Proof of Stake, sharding, Verkle trees, state expiry, and Ethereum Improvement Proposals.

Ethereum Improvement Proposal 4844 Implementor Call: Deneb API Versioning, Execution Header Updates, and Devnet 6 Planning
cryptocurrency

Ethereum Improvement Proposal 4844 Implementor Call: Deneb API Versioning, Execution Header Updates, and Devnet 6 Planning

Terence.eth, a well-known Ethereum Community Developer, shared significant updates following the recent Ethereum Improvement Proposal (EIP) 4844 implementor call.

Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected
cryptocurrency

Proposal to Return ARB Tokens to Arbitrum DAO Treasury Rejected

A proposal seeking the return of 700 million ARB governance tokens to Arbitrum's DAO treasury was rejected after receiving only 14.5% of the total votes. The proposal called for the foundation to return the tokens as a symbolic gesture to demonstrate the DAO's control over the governance holders. The rejection comes amid a dispute between Arbitrum's community and foundation over its governance proposal AIP-1.

Arbitrum's Governance Token Return Proposal Rejected
cryptocurrency

Arbitrum's Governance Token Return Proposal Rejected

A proposal to return 700 million ARB governance tokens to Arbitrum's DAO Treasury was rejected by 84% of the total votes received. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval in March.

Arbitrum Community Seeks Return of 700 Million ARB Tokens
cryptocurrency

Arbitrum Community Seeks Return of 700 Million ARB Tokens

The Arbitrum community has proposed the return of 700 million ARB tokens to its DAO Treasury after the Arbitrum Foundation transferred the funds without community approval. The proposal requires the foundation to return the tokens before proceeding with its budget plan, and voting ends on April 14.

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