Algorand’s First Governance Period Sees Nearly 2 Billion ALGO Locked

Algorand, the smart contract layer 1 launched in 2019, marked a new era in their development today with the successful closing of their first governance period window. Potential ‘Governors’ had two weeks to secure their commitment in the form of Algo, to earn a yield and vote on protocol measures. The results are now in. […]

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SuiNS Unveils NS Token Distribution Plan to Empower Community Governance

SuiNS announces its NS token distribution strategy, focusing on decentralization and community engagement. The plan includes allocations for treasury, contributors, and governance rewards. (Read More)

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Arbitrum Foundation Under Fire for Selling ARB Tokens Before Budget Ratification

The Arbitrum Foundation sold ARB tokens before the community ratified the organization's budget, leading to a governance crisis. The Foundation used the tokens for the DAO's operational purposes. The situation calls into question the efficacy of the community governance model and the power dynamics of centralized organizations in decentralized ecosystems. (Read More)

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