Tag: DAO

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Kelp DAO hit for $292 million exploit with wrapped ether stranded across 20 chains

A cross-chain bridge holding nearly a fifth of a restaked ether token's circulating supply just got drained, and the fallout is moving through DeFi...

LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme

Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.Top...

DAO Behind CoW Swap Urges Users to Stay off Platform after ‘Hijacking‘

The decentralized exchange aggregator said users should refrain from visiting its website after a frontend exploit.<!-- hijacking,” leading to a pause of its backend...

What Is RAVE DAO And Why Has It Been Pumping Non-Stop For 3 Weeks?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the crypto market has been caught in sideways movement over the...

Aave DAO Votes to Consolidate All Revenue Under AAVE Token

'Aave Will Win' passed with 75% support, awarding Aave Labs a $25 million stablecoin grant and 75,000 AAVE in exchange for directing 100% of...

Velora DAO Votes to Wind Down, Hand Operations to Laita Labs

The DEX aggregator's $415K treasury will be transferred to the protocol's development company, along with future revenue.Cross-chain DEX aggregator Velora has become the latest...

Lido DAO proposes $20 million LDO buyback as token trades at 70% discount to two-year median

Lido DAO proposed spending up to 10,000 stETH to buy its own governance token at what it calls a historically depressed valuation. That works...

Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically...

Sudoswap token jumps 225% as traders rush to profit from DAO ‘rage quit’ proposal – DL News

Sudoswap gets a "rage quit" proposal.It caused the SUDO token to soar in value.Those buying the token are hoping to profit if the proposal...

Aave DAO Supports V4 Rollout Plan in Snapshot Vote

Aave’s decentralized autonomous organization backed a proposal to move its V4 protocol toward deployment on Ethereum mainnet, signaling broader support for the upgrade after...

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

The company that built decentralized finance (DeFi) powerhouse Balancer is closing.Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated...