State of the DAOs — August 31st
DAO membership keeps growing even when the treasuries are stagnant. And the number of active voters is not dropping either.
DAO News
Polygon launched a Chain Development Kit (CDK) for devs to build their own zk-powered L2s
FWB DAO’s community narrowly rejected (58% against) the proposal to shift to a 3-person leadership council, partly because of concerns about the rushed way the proposal was presented.
dYdX has extended its grants program by another 6 months following the successful approval of 120 grants worth $3.7M so far.
Decentraland DAO’s community ratified the proposal to freeze spending for the time being.
Wrap your head around this one: Aura DAO’s community voted to use 150k OP tokens granted to it by Optimism to enhance the Balancer ecosystem on Optimism in order to ultimately “create sustainable, value-additive growth for the Optimism network.”
MetFi DAO’s MetaQuiz platform launched what it claims to be the first 100% AI-powered Blockchain Learn-to-Earn game.
RARE staking protocol is coming to Ethereum following its community’s overwhelming Yes vote.
1inch DAO’s Constitution is coming via Stablelab now that the latter received a $26k USDC grant to write it.
DAO Proposals
No high-importance proposals this week. Only 14 each of mid- and low-importance ones.
Most proposals deal with Parameters (8) and Team (12). Frax and Osmosis are most active.
Most active members by DAO
Stargate Finance broke 900k active members — million next week?
Stargate Finance — 929.2k
SyncSwap — 220.9k
Arbitrum One — 201k
PancakeSwap — 130.8k
Optimism Collective — 88.7k
Stay tuned!
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