Category: DAO

Gnosis and Snapshot create tool to bind DeFi governance votes on-chain

Gnosis and Snapshot create tool to bind DeFi governance votes on-chain

The SafeSnap platform allows executing Snapshot governance votes automatically. 4497 Total views 15 Total shares Gnosis and Snapshot have collaborated to develop SafeSnap, a product that allows for automatically executing successful governance votes on Snapshot. The module, which combines features of Gnosis Safe Multisig and the Snapshot off-chain governance platform, was released on Tuesday. Snapshot […]

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Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol

Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a modified fork of Compound,” in a blog post Inverse Finance founder Nour […]

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No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

The self-styled “savings game” is hoovering user deposits, leading to meaty lottery payouts 47731 Total views 26 Total shares No-loss lotteries appear to have found a snug product-market fit.  Just a few days after the airdrop of their governance token, POOL, the self-styled “savings game” PoolTogether has cracked $50 million in total value locked with […]

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As faith in audits falter, the DeFi community ponders security alternatives

As faith in audits falter, the DeFi community ponders security alternatives

As the attacks launched against popular decentralized finance (DeFi) protocols grow ever-more complex, the efficacy of audits from major security companies have in turn come under scrutiny — and some members of the DeFi community have already begun building homegrown alternatives. “I think that now, after all the hacks we’ve had, we basically understand that […]

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Ultra-rare alien CryptoPunk NFT sells for 605 ETH, or $750,000

Ultra-rare alien CryptoPunk NFT sells for 605 ETH, or $750,000

Amid a wild market-wide bullrun for non-fungible tokens (NFTs), an ultra-rare “alien” CryptoPunk has sold today for 605 Ether, worth over $750,000 at today’s prices.  CryptoPunks are widely considered to be the original NFT project, released even before Cryptokitties, the blockchain-based collectibles project that propelled NFTs to mainstream consciousness. CryptoPunks developers Larva Labs report that […]

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