Tag: DAO

Treasure DAO announces huge pivot in hopes of extending runway to February

coiner

Decentralized video game ecosystem Treasure DAO is restructuring as “a matter of survival” to extend its financial runway to at least February 2026. Treasure DAO’s chief contributor John Patten says in an April 2 video posted to X that he has resumed a leadership role and is taking a plan to the DAO to streamline operations, eliminate unnecessary costs, and center the organization around a few key projects. “I will introduce this after all of you provide your opinions at this time. I have my own thoughts, but we must…

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TRON DAO Supports Princeton Blockchain Club’s Crypto TigerTrek as Ruby Sponsor

coiner

PRESS RELEASE. Geneva, Switzerland, October 21, 2024 – TRON DAO participated as a Ruby Sponsor at Princeton Blockchain Club’s 3rd Annual Crypto TigerTrek, a novel Princeton experience that brought together students and industry professionals for a week filled with discussions, networking, and educational sessions, all focused on the evolving landscape of blockchain technology. TRON DAO […] Source link

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Curve emergency DAO terminates rewards for hack-related pools

coiner

The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social media post from a member of the protocol’s governing body.  The ending of rewards was carried out by the Curve emergency decentralized autonomous organization (Curve E-DAO), a committee made up of select members of the Curve DAO governing body. It affected pools for alETH+ETH, msETH-ETH, pETH-ETH, crvCRVETH, Arbitrum Tricrypto and multibtc3CRV, according to the announcement. The decision can…

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Board member Yat Siu answers community concerns on ApeCoin DAO salary payouts

coiner

The leaders of the decentralized autonomous organization (DAO) governing the ApeCoin ecosystem have been criticized by community members for what they described as “insane” salaries after the sums were published in an organizational chart.  On June 10, the ApeCoin DAO secretary who goes by “Vulkan” published an organizational chart on Twitter, detailing the salaries of the DAO’s leadership. This showed salaries ranging from $7,000 per month to $75,000 per month, sums that shocked some community members and prompted a slew of inquiries from several. creating an org chart: $7k /…

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