DAO

Enhancing ARB Token Utility and Governance Security

Friday. August 16 at 2:00 PM

1 min. read

The Arbitrum DAO has recently approved a proposal to enhance the utility of the ARB token and strengthen governance security. With overwhelming support from over 25,000 participants, the proposal focuses on enabling ARB staking to unlock the token's utility. This initiative introduces a liquidity-staking ARB token (stARB) through the Tally protocol, allowing tokenholders to stake and delegate their tokens in exchange for stARB. The stARB token offers features like automatic compounding of rewards, restaking options, and compatibility with various DeFi applications. By incentivizing active participation within the ecosystem, the proposal aims to address the low engagement levels and underperformance of the ARB token. Moreover, it emphasizes the importance of preventing governance attacks by implementing a staking mechanism to secure the treasury and governance structure. These strategic efforts are vital for maintaining the integrity of the governance process and encouraging active involvement within the Arbitrum ecosystem.

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Revolutionizing Investment with AI16z DAO

Tuesday. December 10 at 10:00 AM

AI16z DAO is changing the game in crypto community investments by leveraging AI for data-driven financial decisions. The decentralized autonomous organization, with its own token, aims to challenge Silicon Valley's traditional venture firms. Launched in October 2024, the project operates independently from a16z but has already amassed a market cap exceeding $500 million. Unlike traditional venture funds, AI16z allows anyone to invest through its token, managed by an AI agent named 'Marc AIndreessen.' This AI-driven approach eliminates human biases, streamlines decision-making, and focuses solely on data analysis. While still in the testing phase, AI Marc has not made any investments yet. The project's transparency, open-source framework, and potential for growth have garnered significant attention, with the AI16z token's value surging over 1660% since November 2024.

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Jupiter DeFi Exchange Receives Approval for Airdrops After Failed Vote

Tuesday. December 10 at 12:00 AM

Solana's decentralized exchange aggregator, Jupiter, will conduct JUP token airdrops over the next two years following a successful vote by the Jupiter DAO. The revised proposal, backed by over 87% of voters, addressed previous concerns and included provisions for JUP stakers and genuine ecosystem participants. The airdrop aims to target long-term community members rather than token farmers. The exact timing of the airdrop is yet to be announced, but it is expected to conclude by the 'Catstanbul' event in January 2025. Jupiter's first airdrop in January 2024 distributed 1.35 billion JUP tokens to nearly 1 million eligible wallets. The revised proposal did not specify token amounts, leaving it to the team's discretion. Despite recent price fluctuations, JUP is currently trading at $1.22. Meow, Jupiter's co-founder, emphasized the collective goal of expanding the Jupiverse in the most effective manner.

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Cryptocurrency Market Surge: CRV vs iDEGEN

Monday. December 9 at 4:00 PM

In December, the crypto market sees a surge in prices led by Curve DAO (CRV), rising 52% weekly. Investors are curious if CRV can reach $1.5, especially with the emergence of iDEGEN. CRV hits a 22-month high of $1.33 due to the Savings crvUSD stablecoin launch, making it a stablecoin platform contender. Despite a 7% dip, CRV's market cap remains strong at $1.6 billion, with potential for further gains. However, an overbought RSI suggests a short-term pullback before aiming for $1.5. Meanwhile, iDEGEN, blending meme culture and AI, gains attention with a dynamic presale model adjusting token prices based on activity. The presale, raising $3.4 million, ends on January 1, 2025, offering a unique investment opportunity. iDEGEN's innovative approach and dynamic pricing could position it to outperform CRV in reaching $1.5 sooner, contingent on user engagement and tokenomics success.

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TRON DAO's Impact on Blockchain Education and Innovation

Tuesday. December 3 at 7:00 PM

TRON DAO made a significant contribution to the Berkeley Security Summit as a Platinum Sponsor, emphasizing a year of blockchain education through the TRON Builder Tour. The event, held in Bangkok, Thailand, featured Steven George, a TRON Community Spokesperson, discussing the transformative potential of stablecoin payments. TRON DAO's efforts extended to academic universities in North America through the TRON Builder Tour, aiming to inspire the future of blockchain development. Founded by Justin Sun in 2017, TRON DAO focuses on accelerating internet decentralization using blockchain technology. The network has achieved remarkable milestones, including full decentralization in 2021 and becoming the national blockchain for the Commonwealth of Dominica in 2022. Justin Sun's investment in digital art innovation and the acquisition of the 'world's most expensive banana' underscore TRON's commitment to blockchain and art unity.

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