They used substantial token holdings to pass a proposal withdrawing 5% of Compound Treasury for yield strategies. This move raised concerns as governance lost control of the treasury funds without clear returns, likely for the personal gains of a small group of people.
Crypto donation platforms are redefining philanthropy through growing funding mechanisms promoting transparency, community participation, and a focus on tangible results.
"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
"The request for funding requests roughly ~50% of the [Curve's] community fund. This is an extreme concern around sustainability for the ecosystem and growth initiatives overall," one critic says.
They used substantial token holdings to pass a proposal withdrawing 5% of Compound Treasury for yield strategies. This move raised concerns as governance lost control of the treasury funds without clear returns, likely for the personal gains of a small group of people.
Crypto donation platforms are redefining philanthropy through growing funding mechanisms promoting transparency, community participation, and a focus on tangible results.
The initiative marks a year of building Lido's community by engaging new users, developing educational materials, supporting node operators, and coordinating upgrades such as the Simple DVT, a technology poised to bolster security and decentralization in Ethereum staking.
A proposal submitted to Arbitrum DAO to help fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev was withdrawn by its author. The proposal will be reworked and resubmitted later this week.
