DeFi drama: ENS governance battle, EF cuts and Gnosis reboot
Last week, the Ethereum Name Service DAO faced an attempt to “steal its treasury,” and the Ethereum Foundation announced a 20% staff cut.
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Last week, the Ethereum Name Service DAO faced an attempt to “steal its treasury,” and the Ethereum Foundation announced a 20% staff cut.
Read more (5 min) →— Ethereum, Ethereum Foundation
Over a half dozen Ethereum Foundation workers announced resignations amid a bizarrely worded, Milady-inspired, board-approved Mandate.
— Ethereum, Ethereum Foundation
As key dev Dankrad Feist leaves the Ethereum Foundation, the community is concerned about competitiveness and incentives for developers.
— Ethereum, Ethereum Foundation
Developer Péter Szilágyi lashed out at ex-colleague Tomasz K. Stańczak over plans to push the development of Geth out of the organization.
— Ethereum, Ethereum Foundation
Although the Ethereum Foundation emphasizes its board of directors and shared oversight, Vitalik Buterin’s voting power remains a mystery.
The Ethereum Foundation has never been liquidated in DeFi, yet some people thought that it might suffer its first ETH liquidation today.
Liquity is a well-established DeFi protocol whose V1 has accrued over $300 million in total value locked since launching in 2021.
For a full decade, ether has struggled to rally past the psychologically-important 0.03 per bitcoin price level.
— Ethereum, Ethereum Foundation
Vitalik Buterin reminded critics that he is the one deciding how the Ethereum Foundation's leadership structure will look.
The Ethereum Foundation has responded to community frustrations by proving that it does in fact use the chain… to dump ETH.