State of the DAOs — June 20th
Treasuries are going back up. What’s really interesting, though, is that the percentage of actively engaged users keeps growing week after week, regardless of treasury volumes.
DAO News
Balancer DAO decided to spend its 3M ARB allocation as 1M for LP incentives and 2M to deploy as liquidity in the ARB/BAL/AURA pool.
The v4 version of Uniswap could be a big step up for decentralization, in part thanks to its “hooks” concept.
VitaDAO voted to create an umbrella operating entity to coordinate between the various working groups.
A number of DAOs participated in Lens Protocol’s $15M raise. Will Lens succeed in decentralizing social media?
Not all initiatives reach their goals, which is why Idle DAO will be ending its stkIDLE staking program.
What kind of a role should national regulators play in governing DAOs? France’s markets regulator, for one, wants global rules for DAOs and DeFi.
Governance in action: ENS DAO elected stewarts for 3 working groups.
In a bid to gain market share in the Web3 ID space, zkSync ID has launched a second airdrop to its community totaling 750,000 USDT.
DAO Proposals
No high-importance proposals this week. Only 12 mid- and 39 low-importance ones. Bancor has by far the most active proposals.
Most proposals deal with Parameters (22) and Team (20).
Most Active DAOs
The Top 5 by proposal activity are led this week by PancakeSwap.
Most Active DAOs:
- PancakeSwap — 145
- matic — 138
- skgame — 114
- lovebnbdao — 94
- Polygon/Matic-named DAOs — 91
Stay tuned!
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