According to the SEC, the Lido Labs Foundation responded electronically on March 24 to a question from the Securities Exchange Commission's (SEC) cryptocurrency task force regarding the regulatory status of governance tokens and liquidity staking tokens (LSTs), arguing that these digital assets should not be classified as securities under federal securities laws because of their fundamental utility and modus operandi.
On March 24th, Amnis Finance, an ecological liquidity pledge protocol of Aptos, launched its governance token AMI with a total of 1 billion tokens. The token distribution plan includes: community reward 20%, team 20%, marketing 15%, ecological development 16%, investors 16%, liquidity 5% and airdrop 8%.
According to an official announcement, Sky Governance has approved the reduction of the Sky savings rate to 4.5%, which is scheduled to be implemented at 22:00 UTC + 8 on March 24.
据官方公告,Sky Governance 已批准将 Sky 储蓄利率降至 4.5%,计划于 3 月 24 日 22:00 (UTC+8)执行。
Devansh Mehta announced in a post that he will join the Ethereum Foundation as the head of AI x public goods governance. His role is to penetrate the AI/ML community, help dapp developers in the ecosystem, and innovate the application scenarios of AI agents. Devansh Mehta previously worked at Arbitrum and Gitcoin. In the short term, he is working in three directions: 1/AI x ecosystem growth funding; 2/AI x usefulness; 3/AI x governance. Devansh says the third direction of his work is institution...
The Solayer Foundation announced the founding airdrop of its Solayer ecosystem native governance token LAYER on social media, and released a link to check the eligibility of the airdrop.
Solayer announced the token economics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion, and the initial circulation is 220 million. The distribution ratio is as follows: ① 51.23% is allocated to the community and ecosystem: 34.23% of which is allocated to continuous R & D, developer programs, ecosystem development and other user activities; 14% is used for community activities/incentives (12% is reserved for Genesis Drop, which includes rewards for early adopters ...
Blockchain governance startup Agora is about to acquire its rival Boardroom. The company sees the acquisition as a strategic move to strengthen governance within the broader Ethereum ecosystem, citing US President Donald Trump's promise of regulatory clarity for the blockchain industry and the expectation that decentralized governance will grow again. Boardroom was established earlier than Agora and has similar goals to Agora, but adopts a more horizontal blockchain governance approach. Boardroo...
According to the Snapshot governance page, the CoW DAO initiated proposal CIP-61 to introduce a new revenue sharing model, which proposes to implement specific methods after the revenue model experiment is completed. The main goal is to continue price improvement sharing as the main revenue model, while retaining the option to introduce a new (price improvement sharing/fee) strategy for testing. If passed, the proposal will take effect on February 1, 2025.
On January 15, according to the official announcement of Maple, the governance proposal MIP-013 has now been released, proposing to use 20% of the 2025 Quarter 1 agreement revenue to repurchase SYRUP tokens and distribute them to SYRUP pledgers (stSYRUP). This move aims to reward long-term pledgers, strengthen the interest binding between the agreement and the pledger, and improve the pledge incentive.
On January 15th, DeFi protocol Maple Finance launched a new governance proposal, proposing to use 20% of the agreement fee revenue to repurchase SYRUP tokens in the market starting from Quarter 1, 2025, and then distribute them as rewards to SYRUP pledgers. The repurchases will come from DEX and OTC trading desks. As of January 13, Maple's annual revenue from its on-chain lending service was approximately $5 million. By distributing the repurchased tokens to SYRUP stakers, the DAO rewards partic...
Avalon Labs, a Bitcoin stablecoin issuer, has announced the registration of an open governance token AVL airdrop. AVL adopts a LayerZero full-chain deployment scheme, allowing users to choose the receiving chain and wallet address, but they cannot change it after registration. The specific airdrop ratio will be announced on the day of the token generation event (TGE).
Mango Markets, the Solana on-chain DEX, is winding down its operations after reaching a settlement with the SEC, conducting a governance vote and dealing with legal issues arising from the 2022 breach. Yesterday Mango Markets announced through its X account that it was "closing the platform, it is time for users to position squaring". The move follows the "adjustment of interest rates and collateral" requirement in the governance proposal to end lending exposure on the platform, which will take ...
According to the official governance forum, the ZKsync community initiated a draft TPP on the "AAVE DAO Airdrop Application Extension Request". The proposal proposes a new Capped Minter to access unclaimed ZK airdrops assigned to AAVE DAO and distribute them to AAVE users and partner agreements on ZKsync. Representatives of the AAVE DAO have deployed the new ZK Capped Minter V2. Once the proposal is approved, MINTER roles will be assigned to Capped Minter. This will enable AAVE to cast ZK and di...
On January 9th, stablecoin issuer Avalon Labs announced in its official blog that the TGE event for its governance token AVL will be held at the beginning of Quarter 1, and the claim process will also open shortly thereafter. AVL will be launched on a centralized exchange (CEX) at the same time as TGE. The total supply of AVL tokens is capped at 1 billion, of which community incentive allocation accounts for 30%, airdrop allocation accounts for 20%, ecosystem and treasury allocation accounts for...