News list for " governance token"
On May 1st, Atlas Axis, the core governance design team of Sky (formerly MakerDAO), submitted a proposal on Wednesday that, if approved, would complete the protocol upgrade from MKR to SKY. The shift would make SKY the only governance token and support staking to unlock USDS rewards for SKY holders. Sky co-founder Rune Christensen hailed the proposal as a "huge milestone" in a forum post. While USDS and SKY were launched as upgrade tokens, DAI and MKR are still in circulation, giving users the o...
According to the SEC, the Lido Labs Foundation responded electronically on March 24 to a question from the Securities Exchange Commission's (SEC) cryptocurrency task force regarding the regulatory status of governance tokens and liquidity staking tokens (LSTs), arguing that these digital assets should not be classified as securities under federal securities laws because of their fundamental utility and modus operandi.
On March 24th, Amnis Finance, an ecological liquidity pledge protocol of Aptos, launched its governance token AMI with a total of 1 billion tokens. The token distribution plan includes: community reward 20%, team 20%, marketing 15%, ecological development 16%, investors 16%, liquidity 5% and airdrop 8%.
The Solayer Foundation announced the founding airdrop of its Solayer ecosystem native governance token LAYER on social media, and released a link to check the eligibility of the airdrop.
Solayer announced the token economics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion, and the initial circulation is 220 million. The distribution ratio is as follows: ① 51.23% is allocated to the community and ecosystem: 34.23% of which is allocated to continuous R & D, developer programs, ecosystem development and other user activities; 14% is used for community activities/incentives (12% is reserved for Genesis Drop, which includes rewards for early adopters ...
Avalon Labs, a Bitcoin stablecoin issuer, has announced the registration of an open governance token AVL airdrop. AVL adopts a LayerZero full-chain deployment scheme, allowing users to choose the receiving chain and wallet address, but they cannot change it after registration. The specific airdrop ratio will be announced on the day of the token generation event (TGE).
On January 9th, stablecoin issuer Avalon Labs announced in its official blog that the TGE event for its governance token AVL will be held at the beginning of Quarter 1, and the claim process will also open shortly thereafter. AVL will be launched on a centralized exchange (CEX) at the same time as TGE. The total supply of AVL tokens is capped at 1 billion, of which community incentive allocation accounts for 30%, airdrop allocation accounts for 20%, ecosystem and treasury allocation accounts for...
DuckChain announced the economic model of its governance token DUCK, with a total issuance of 10 billion, of which 77% is allocated to community and ecological development, including 50% for airdrops, 4% for liquidity, 3% for marketing, and 20% for ecological development. The remaining 10% is allocated to investors, 10% to teams, and 3% to advisors. DUCK is DuckChain's governance token, which supports core functions such as governance, staking, and gas payment, and promotes long-term development...
RWA stablecoin USDz issuer Anzen Finance has announced the token economics of its governance token ANZ, with a total supply of 10 billion ANZ tokens and an initial circulating supply of 10.7%.
The DBR, the governance token of the cross-chain interoperability protocol deBridge, has been open for application, and claims for CEX have been distributed.
The governance token DBR for the cross-chain interoperability protocol deBridge has now launched on the Jupiter LFG launchpad, and whitelisted users who meet the requirements are eligible to participate in the LFG launch.
Renzo Protocol announced the launch of its governance token REZ on Solana to enhance its presence in the blockchain ecosystem and leverage Wormhole's native token transfer framework. REZ is initially deployed on Ethereum and will be transferred to Solana using Wormhole's framework. The Guardian network utilizes secure cross-chain proofs to ensure the transfer of tokens between Ethereum and Solana. REZ on Solana will remain pegged 1:1 to REZ on Ethereum. The press release also states that the tok...
Affected by the launch of a crypto fund by grey release for MakerDAO's governance token MKR, MKR broke through $2090 in a short time, and is now quoted at $2071.84, an increase of 3.87% in 24 hours. The market is volatile, please do a good job of risk control.
DeBridge plans to issue the governance token DBR on the Solana blockchain in the coming month. The distribution will depend on the points earned by users in the past few months, which are based on the fees paid by users to the protocol and the funds transferred through the protocol since April. DeBridge took a snapshot at 21:00 UTC on July 23.
Coingecko market shows that JUSTICE, the AssangeDAO governance token designed to rescue the founder of WikiLeaks, has risen 105% in the past 24 hours and is now trading at $0.0004889. It was reported earlier today that WikiLeaks founder Assange had reached a plea deal with the Department of Justice and had left the UK and would eventually return to Australia.
