State of the DAOs — August 24th
Treasuries are down while active membership is rising (41% — can we get to 50% by year-end?). And Optimism jumps back into the top spot with its treasury size.
DAO News
Yuga Labs is blocking OpenSea after the letter decided to stop enforcing creator royalties. Meanwhile, ApeCoin DAO passed a proposal to spend $5,750 to design a mascot for the community. Could it be a… bored ape?
Up to $126M in tokens is about to be unlocked by Avalanche, Lido DAO, and Space ID this week.
1inch DAO rejected a proposal to lower the voting quorum, which would help more proposals get passed.
Decentraland’s proposal to redistribute the budget in light of the Community Builder grant category failed.
Teia, the current iteration of the Tezos NFT marketplace, began distributing its tokens.
DAO Proposals
No high-importance proposals this week. Only 22 mid- and 17 low-importance ones.
Most proposals deal with Parameters (10) and Team (19). MakerDAO, Decentraland, Stargate Finance, Aave, and Osmosis are especially active.
Most active members by DAO
Stargate Finance is approaching 900k active members again.
Stargate Finance — 889.3k
SyncSwap — 220.9k
Arbitrum One — 198.6k
PancakeSwap — 130.7k
Optimism Collective — 88.7k
Stay tuned!
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