Tagged: decentralized governance

DeFi Protocol Aave Claims Journey Towards “Decentralization” Continues with Protocol Governance Process Live on Mainnet

The team at Aave, an open-source and non-custodial decentralized finance (DeFi) protocol for earning interest on digital asset deposits while also being able to borrow assets, recently noted that their journey towards “decentralization” continues with the introduction of Aave Governance on mainnet (the production-ready or… Read More

Decentralized Finance Protocol Compound Users May Lend and Borrow Stablecoin Tether (USDT) Following Community Voting

Users of Compound, a decentralized finance (DeFi) lending solution, are now able to issue loans and borrow Tether (USDT), the largest stablecoin, following a recent poll of the protocol’s governance token holders. There were 797,981.28 votes that were cast in support of the proposal to… Read More

DeFi: Maker Foundation to Hand Over Governance, via Smart Contract, to MakerDAO’s MKR Token Holders

The Maker Foundation, an organization that supports the ongoing development of MakerDAO, a decentralized autonomous organization that operates an Ethereum-based lending system, has decided to hand over governance (through a smart contract) to MKR token holders. The Maker Foundation said the decision was the initiative’s… Read More

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