State of the DAOs — June 27th
Treasuries rose in a big way and the membership is growing with them (including active membership).
DAO News
Loopring DAO is adding Telos (TLOS) to its DEX following a positive community poll result.
Tezos activated its Nairobi update, which includes the launching of its Tezos Ecosystem DAO.
Friends With Benefits DAO has formed an Unincorporated Nonprofit Association (“UNA”) “for the purposes of gaining legal existence; payment of taxes; and limitation of liability for members.”
Tron DAO’s Justin Sun outlines Tron’s mission as “Building a Metaverse Free Port” in a recent speech.
Stargate DAO will spend its 1.67M ARB allocation on integrating closer with Arbitrum via liquidity mining and via various partner integration activities.
In a bid to attract (and retain) more ETH stakers, Lido DAO voted to implement a tiered rewards structure.
Reserve protocol invested $20M in Curve, Convex, and Stake DAO.
Market maker DWF Labs committed 500K $WAVES to the WavesDAO project, nearly doubling the token’s price on the news.
DAO Proposals
No high-importance proposals again. Only 17 mid- and 37 low-importance ones. Bancor is again dominating in the volume of proposals, with Frax and Decentraland also rather active.
Most proposals deal with Parameters (20) and Team (23).
Most Active DAOs
The Top 5 by proposal activity are dominated by DAOs with names similar to some big ones but with membership numbers that don’t measure up.
Most Active DAOs:
- matic — 115
- WdDao — 83
- skgame — 75
- bnb — 69
- Polygon/Matic-named DAOs — 69
Stay tuned!
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