Dao governance

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dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
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Lybra Finance launched its version 2 test network on Arbitrum Wednesday morning. (Getty Images)
Arbitrum Voters Polarized Over 'Research' Pitch With $2M Price Tag
Proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potentia...
Lybra Finance launched its version 2 test network on Arbitrum Wednesday morning. (Getty Images)

Karl Marx believed industrial technological progress would help lead to socialism. What about crypto? (John Mayal c. 1865/Wikimedia Commons, modified by CoinDesk)
Crypto and the Real Meaning of 'Radicalism'
The right-wing economics that shaped crypto doesn’t determine its future, argues a new book by Joshua Dávila – aka The Blockchain Socialist.
Karl Marx believed industrial technological progress would help lead to socialism. What about crypto? (John Mayal c. 1865/Wikimedia Commons, modified by CoinDesk)

Sotheby's Grailed NFT auction on June 15, 2023. (Sam Ewen/CoinDesk)
The $11M NFT Auction and Snoop Dogg’s Evolving Collection
Rapper Snoop Dogg's new NFTs will change as he tours this summer, while Sotheby’s concluded a successful second 3AC NFT auction.
Sotheby's Grailed NFT auction on June 15, 2023. (Sam Ewen/CoinDesk)

ApeCoin DAO organizational chart. (Vulkan/Twitter)
ApeCoin DAO Special Council Six-Figure Salaries Sparks Discussion
The decentralized autonomous organization behind ApeCoin, the native currency of the Bored Ape Yacht Club ecosystem, pays each member of its Special Council $20,833 per month.
ApeCoin DAO organizational chart. (Vulkan/Twitter)

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Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs
The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade.
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Hector brought back to Troy (Wikimedia Commons)
DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO
A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community.
Hector brought back to Troy (Wikimedia Commons)

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Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors
The Swiss organization alleged investors including Arca were mounting a 51% attack.
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Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon
The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token.
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(Maxime Gilbert/Unsplash)
Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight
After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position.
(Maxime Gilbert/Unsplash)