Tagged: governance tokens

Fernando Martinelli: Balancer Co-Founder Says DeFi Is Going to Be the Rails of Every Financial Application in Next 10-20 Years

We recently connected with Fernando Martinelli, the Co-founder and CEO at Balancer Labs, which supports the ongoing development of Balancer, an automated portfolio manager and digital asset liquidity provider. As covered in May 2021, Balancer Version 2.0, the “most flexible” and efficient automated market maker… Read More

Stablecoins Surpass $111B in Aggregate Value, Now Making up 7.7% of Total Digital Assets Market: Report

Spencer Noon, an investor in Variant, a first-check cryptocurrency venture capital fund, has released their latest Network report, which covers stablecoins and Instadapp. Spencer Noon notes in their weekly update that The Graph recently launched 43 RFPs for different ecosystem initiatives. You may submit an… Read More

Gemini Adds DeFi, Infrastructure Data Management Crypto Tokens: ALCX, ANKR, FTM, MIR, API3, DDX

The team at digital asset firm Gemini notes that they are adding trading support for a new set of decentralized finance (DeFi), infrastructure, and data management tokens. Gemini is adding Alchemix (ALCX), Ankr Network (ANKR), Fantom (FTM), Mirror Protocol (MIR), API3 (API3), and DerivaDAO (DDX)…. Read More

Digital Asset Exchange Kraken to Support Rarible (RARI), Aavegotchi (GHST), and Polygon (MATIC)

Digital asset firm Kraken notes in a blog post that Ethereum (ETH) remains a “driving force” behind cryptocurrency innovation. The team at Kraken points out that during the past year, Ethereum has played host to an “explosion” in digital art and “created a multi-billion dollar… Read More

Jeffrey Amico, Counsel at Andreessen Horowitz, Comments on VC Firm’s Views Regarding Crypto Protocols and Decentralized Governance

Jeffrey Amico, Counsel at VC firm Andreessen Horowitz, notes that cryptocurrency protocols are supposed to be governed by these so-called “decentralized” communities of stakeholders. Amico explains that it’s not necessarily the case that decentralized communities are more efficient, or “important” for various ideological reasons, but… Read More

Pradeep Goel: CEO at Solve.Care Reveals how Definitize, a DAO for Healthcare Financing, Leverages DeFi to Improve Medical Services

We recently caught up with Pradeep Goel, CEO of Solve.Care, which is a global healthcare blockchain technology platform. Solve.Care recently announced the launch of Definitize, a Decentralized Autonomous Organization (DAO) for healthcare financing. Definitize aims to improve access to care, which should enhance healthcare outcomes… Read More

Dr. Amrit Kumar: President at Zilliqa Explains How Platform’s Scilla Smart Contract Language Is Used to Develop Secure Applications

We recently caught up with Dr. Amrit Kumar, President and Chief Scientific Officer of Zilliqa, an enterprise-grade blockchain development platform. Many of the more popular iterations of blockchain are not sufficiently robust to handle the high transaction rates needed today – not to mention what… Read More

OKCoin Claims it’s First Licensed Crypto Exchange to Support Compound’s cUSDC and cUSDT Tokens

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More

Balancer, a “Decentralized” Finance Protocol, Votes to Implement a Quick Codebase Change to Prevent Large Players from “Gaming” the Platform

The developers of Balancer, a “decentralized” digital asset manager and protocol, has reportedly made changes to its codebase, in order to limit or prevent large players from taking advantage of the platform to mine Blancer’s BAL governance tokens, instead of using them for crypto-asset trading…. Read More

Maker (MKR) Governance Token Holders Approve Adding Wrapped Bitcoin (BTC) as Acceptable Collateral Type for MakerDAO

Maker (MKR) governance token holders have decided (through community voting) to approve a proposal which recommends adding Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1-to-1 by Bitcoin (BTC), as the decentralized finance (DeFi) protocol’s (MakerDAO) newest collateral type. WBTC is an ERC-20 compliant token that… Read More

DeFi: Compound, an Ethereum-based Lending Protocol, to Decentralize Governance Process by Transferring Control to Native COMP Token Holders

The developers of Compound, a leading Ethereum-based decentralized finance (DeFi) solution, will be decentralizing the governance process of the lending protocol. This will be achieved by launching a token-based governance model. The Compound team had announced plans to use a governance token back in February… 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

Maker Foundation, which Supports Ethereum-based DeFi Platform MakerDAO, Appears to be Winning All Auctions of MKR Governance Tokens

MakerDAO, a leading Ethereum (ETH)-based decentralized finance (DeFi) platform, is currently in the process of carrying out an auction of MKR governance tokens in exchange for stablecoin Dai, in an attempt to cover around $4.5 million undercollateralized debt. On-chain (blockchain) data reveals that the Maker… Read More

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