Advisors leave Aave as protocol punishes competitors
Aave’s proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’
Aave’s proposed ‘Merit programme’ would use protocol revenue to reward ‘Aave-aligned’ behaviour but punish users of ‘non-aligned protocols.’
Martin Krung wants to replace DAOs with decentralized hierarchical organizations, including elected leaders and hierarchical decision-making.
DeFi protocol BarnBridge DAO immediately halted operations after a lawyer warned that token-holders could be personally liable.
Unless revised, proposed bill AB 1229 would allow any non-profit group in California to claim ‘decentralized’ status as a non-profit DAO.
Arbitrum’s first Arbitrum Improvement Proposal was shot down by the community, but implementation has already begun.