State of the DAOs — July 27th
Per DeepDAO, there are now finally over 20k DAOs with a total of 7.2M members.
DAO News
Lido DAO is considering a dual governance model where the platform’s staking users can veto the governance decisions of the LDO token holders.
Aave’s temperature check on a Peg Stability Module for its newly launched GHO stablecoin met with unanimous approval.
ApeCoin DAO failed to implement shielded voting (masking voter identities to resist pressure on voters), with 70% voting against the proposal.
dYdX is increasing market maker rebates while decreasing LP rewards.
Gitcoin has elected its new 8-member Council to guide the public goods focused DAO for the next 180 days.
MakerDAO’s token buyback went live, leading to the MKR token rising nearly 30% in a week.
Bankless is delegating VITA token voting rights to DAOstewards.eth in a bid to increase Bankless’ governance of Vita DAO. Bankless acquired VITA in a treasury swap with Vita DAO.
SuperRare DAO approved a proposal that will dedicate over 60M RARE tokens to reward active users of the SuperRare platform.
DAO Proposals
MakerDAO and Angle Protocol DAO have one high-importance proposal each. There are also 28 mid- and 37 low-importance ones in this busy week.
Most proposals deal with Parameters (26) and Team (32).
Most active members by DAO
Stargate Finance keeps attracting voting members, approaching 1M in a few weeks at this rate.
Stargate Finance — 801.5k
SyncSwap — 220.9k
Arbitrum One — 188.4k
PancakeSwap — 129.6k
Optimism Collective — 88.7k
Stay tuned!
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