Cardano has completed the first phase of the Chang hard fork, laying the foundation for more decentralized governance. At 5:44 a.m., Cardano officially began transferring control of the $13 billion blockchain to its native ADA token holders. Frederik Gregaard, chief executive of the Cardano Foundation, said: "Many in the Cardano community favour the network because of its commitment to a decentralised governance model."
On June 12th, the modular infrastructure Self Chain announced that the first phase of the mainnet has been completed, transitioning to the second phase. This phase introduces two key activities: the migration of FRONT tokens to SLF; SLF holders can now participate in staking.
On May 28, the decentralized gaming platform The Sandbox announced the launch of The Sandbox DAO. The DAO plan will be implemented in three phases, allowing The Sandbox (SAND) holders and virtual LAND holders to vote on projects and propose improvements through the Sandbox Improvement Proposal (SIP). The first phase will begin on May 28, and the community will be able to vote on the SIP; however, The Sandbox staff will still manage some operations. The second phase of the DAO's implementation is...
On May 23rd, StarkWare launched the Wolf Pack League Community Engagement Program. The first phase of the program has a maximum budget of 5 million STRKs to reward influential creators and contributors. Creators and developers must submit applications using their respective social accounts and GitHub profiles. The program may be expanded to include team competitions, partnerships, NFTs and community councils in the future. The program also uses a decay mechanism, and the points of inactive parti...
Polygon modular blockchain project Avail tweeted that the first phase of its AVAIL token airdrop application has ended, and the official application window is currently closed. Information on the second phase of the application will be announced next week, including the expansion of the reward range and rewards for Polygon PoS validators and LST holders.