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Balancer Labs to Shut Down as Protocol Shifts to DAO-Led Model
Fernando Martinelli, co-founder of Balancer, has announced the upcoming dissolution of Balancer Labs, the primary development entity behind the decentralized exchange (DEX) protocol. This decision follows significant ch…
GMX Governance Approves Proposal to Hire First CEO for Protocol
The decentralized exchange GMX, a leading platform for perpetual futures, has officially confirmed the passage of a landmark governance proposal to appoint its first Chief Executive Officer (CEO). This strategic move ma…
Across Protocol Proposes Transition From DAO to US C-Corp Structure
The cross-chain bridge project Across Protocol, which receives financial backing from Paradigm, has initiated a "temperature check" proposal to fundamentally alter its governance model. The proposal suggests transitioni…
ACI Founder Disputes Aave Funding Vote Over Team Influence Claims
The Aave community is currently embroiled in a governance dispute following the preliminary results of the "Aave Will Win" funding proposal. While the measure passed by a narrow margin of 52.58%, the legitimacy of the o…