State of the DAOs — May 9th
With the overall number of DAOs stagnating, DAO treasuries lost $1.5M while membership keeps steadily growing.
DAO News
MakerDAO launched Spark Protocol, giving DAI users a new lending option.
You’ve heard of Proof of Work and Proof of Stake, but how about Chainway’s Proof of Innocence tool recently adopted by Railgun DAO?
Aave DAO’s v3 launched on the Metis L2 network.
In an interesting case study of DAO governance and censorship, Aragon banned 6 members for, among other things, questioning leadership authority.
Merit Circle DAO’s just-approved MIP-25 proposal seeks to formalize a Constitution for the organization.
Jack Dorsey and one of Paxful’s founders are launching a decentralized P2P marketplaces platform — could a DAO be coming?
DAO Proposals
This week’s sole high-importance proposal is about Aaave’s safety module.
There are 24 medium and 39 low-importance proposals active this week. Index Coop, Illuvium DAO, Decentraland, Lido, and Aave all have several proposals active.
Most proposals concern Team (31), Parameters (18), Governance (9), and Token (4).
Most Active DAOs
The Top 5 by proposal activity has some familiar names from the previous weeks.
Most Active DAOs:
- Iwan
- PancakeSwap
- 2021eth
- AlexDAO
- Rari CapitalDAO
Stay tuned!
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