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đ¶The native token of #NFT marketplace Blur, $BLUR, soared on Wednesday, gaining over 35% in a day and surpassing the top crypto assets by market value.
đ¶BLUR is surging because of a recent proposal by an investment firm called Arca. Arca, an investment firm, proposed to turn on the fee switch of the Blur marketplace on October 13. The proposal, called "Blur Fee Switch Discussion", suggested a 1% trading fee for the platform.
Note: You should do your own research and be careful before investing in any cryptocurrency.
#BLUR #Dao
#crypto2023
đ¶BLUR is surging because of a recent proposal by an investment firm called Arca. Arca, an investment firm, proposed to turn on the fee switch of the Blur marketplace on October 13. The proposal, called "Blur Fee Switch Discussion", suggested a 1% trading fee for the platform.
Note: You should do your own research and be careful before investing in any cryptocurrency.
#BLUR #Dao
#crypto2023
StarHeroes has released tokenomics for its upcoming $STAR token, detailing its 700 million supply distribution and vested after TGE. 40% is reserved for a locked DAO Warchest, 10% for "Decentralized User Acquistion," 14% goes to Foundation.
#starheroes #star #Dao
#starheroes #star #Dao
Introduction to Decentralized Autonomous Organizations (DAO)
What is DAO?DAO stands for Decentralized Autonomous Organisation.It is an organisation represented by rules encoded as a computer program that is transparent, controlled by the organization members, and not influenced by a central government.Origin of DAODAOs gained significant attention and controversy in 2016 with "The DAO" - a crowdfunding project on the Ethereum blockchain.The concept of DAOs has roots in blockchain technology and smart contracts.How DAO Works- DAOs operate on blockchain platforms like Ethereum.- Members participate by purchasing tokens that grant them voting power.- Proposals for decision-making are submitted as smart contracts.- Token holders vote on proposals using their tokens.- Executing proposals is automated based on the voting outcomes, without the need for intermediaries.Example of Proposals for VotingFunding a project: Members can vote on allocating funds to a specific project.Changing DAO rules: Members can propose and vote on changes to the organization's smart contract code.Approving partnerships: Decisions about partnerships or collaborations can be subject to DAO votes.Benefits of DAOTransparency: All transactions and decisions are recorded on the blockchain, ensuring transparency.Security: Smart contracts automate processes, reducing the risk of fraud or manipulation.Global Participation: DAOs are open to anyone with internet access, fostering global collaboration.Elimination of Intermediaries: No need for intermediaries like banks or lawyers, reducing costs.Challenges and Key Factors for DAOâs SuccessSecurity Concerns: Vulnerabilities in smart contracts can lead to hacks.Legal and Regulatory Challenges: DAOs operate across borders, making them subject to various legal jurisdictions.Decision-making Scalability: Ensuring efficient decision-making as the number of members grows.Governance Models: Finding the right governance model that balances participation and efficiency.Token Distribution: Ensuring fair and equitable token distribution to prevent centralisation .Decentralized Autonomous Organizations are a groundbreaking concept in the world of blockchain technology and governance. They offer transparency, security, and the potential for global collaboration. However, they also face challenges related to security, regulation, and governance. As blockchain technology continues to evolve, DAOs are likely to play a significant role in shaping the future of decentralized governance and decision-making.#Dao #DeFiChallenge
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Buterin vs. Bribery: A New Tool for DAO
Vitalik Buterin and his team from Cornell have taken on the task of protecting DAO voting from bribe-takers. Attackers have found a way to tip the scales in their favor by offering money for the necessary votes. To counter this, Vitalik and his team have come up with a new PoCK protocol.
The idea is simple: when voting, everyone uses two keys - a public one for identification and a private one for creating a proof. The private key hides how exactly the participant voted, making it more difficult for hackers. A smart contract checks the uniqueness of the proof to eliminate fraud.
Now DAO voting will become even more reliable and transparent.
#ETH #ĐŃŃĐ”ŃŃĐœ #Dao $ETH $SOL $BNB
Vitalik Buterin and his team from Cornell have taken on the task of protecting DAO voting from bribe-takers. Attackers have found a way to tip the scales in their favor by offering money for the necessary votes. To counter this, Vitalik and his team have come up with a new PoCK protocol.
The idea is simple: when voting, everyone uses two keys - a public one for identification and a private one for creating a proof. The private key hides how exactly the participant voted, making it more difficult for hackers. A smart contract checks the uniqueness of the proof to eliminate fraud.
Now DAO voting will become even more reliable and transparent.
#ETH #ĐŃŃĐ”ŃŃĐœ #Dao $ETH $SOL $BNB
đąAvengerDAO October 16th Weekly Reportđą
According to #bnbchain - AvengerDAO is a community-driven initiative created to protect the users and projects on BNB Chain from malicious actors and activity.
âȘïžThe report covers the security incidents, lessons learned, red alarm highlights, and API services related to BNB Chain in the week of October 16th.
âȘïžThe report also provides some tips and resources for users to spot and avoid rugpull scams, phishing dApps, and Ponzi schemes on BNB Chain.
Read more: AvengerDAO October 16th Weekly Report
#Binance #Dao
According to #bnbchain - AvengerDAO is a community-driven initiative created to protect the users and projects on BNB Chain from malicious actors and activity.
âȘïžThe report covers the security incidents, lessons learned, red alarm highlights, and API services related to BNB Chain in the week of October 16th.
âȘïžThe report also provides some tips and resources for users to spot and avoid rugpull scams, phishing dApps, and Ponzi schemes on BNB Chain.
Read more: AvengerDAO October 16th Weekly Report
#Binance #Dao
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đArbitrum (ARB): DAO releases $215 million to develop gaming.
đOn Friday, the Arbitrum Decentralized Autonomous Organization (DAO) (ARB) finalized a vote bringing the Gaming Catalyst Program (GCP) to life. The latter, intended to accelerate the development of gaming on the famous layer 2 of Ethereum (ETH), is thus allocated funding of 225 million ARB over the next 3 years, or approximately $215 million at the current price.
đ¶In total, the vote garnered the commitment of more than 212 million ARBs, with a result of 76.27% in favor of yes. Significant support has been shown from names like Wintermute or Treasure DAO, while others, like Blockworks Research or the decentralized exchange (DEX) Camelot have positioned themselves against
đïžAt the same time, Arbitrum is positioned today as the largest layer 2 of Ethereum, with a total value locked (TVL) in decentralized finance (DeFi) of $3.13 billion, according to data from DefiLlama. Across all blockchains, Arbitrum is placed in 5th position, ahead of Blast and just behind Solana (SOL). #arbitrum #Dao #DeFi #Solanaâ© #DefiLlama
đOn Friday, the Arbitrum Decentralized Autonomous Organization (DAO) (ARB) finalized a vote bringing the Gaming Catalyst Program (GCP) to life. The latter, intended to accelerate the development of gaming on the famous layer 2 of Ethereum (ETH), is thus allocated funding of 225 million ARB over the next 3 years, or approximately $215 million at the current price.
đ¶In total, the vote garnered the commitment of more than 212 million ARBs, with a result of 76.27% in favor of yes. Significant support has been shown from names like Wintermute or Treasure DAO, while others, like Blockworks Research or the decentralized exchange (DEX) Camelot have positioned themselves against
đïžAt the same time, Arbitrum is positioned today as the largest layer 2 of Ethereum, with a total value locked (TVL) in decentralized finance (DeFi) of $3.13 billion, according to data from DefiLlama. Across all blockchains, Arbitrum is placed in 5th position, ahead of Blast and just behind Solana (SOL). #arbitrum #Dao #DeFi #Solanaâ© #DefiLlama
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Shiba Inu Plans to Launch a DAO
Shiba Inu Marketing Director Lucie SHIB has announced that she is preparing to launch her own DAO. This will make the decision-making process more decentralized and transparent.
Shiba Inuâs governance model will also include a Charity Council and a Culture and Heritage Council. The former will be responsible for charitable assistance, while the latter will be responsible for developing the projectâs values ââand culture.
#Shibalnu #Dao
$SHIB
$BNB
Shiba Inu Marketing Director Lucie SHIB has announced that she is preparing to launch her own DAO. This will make the decision-making process more decentralized and transparent.
Shiba Inuâs governance model will also include a Charity Council and a Culture and Heritage Council. The former will be responsible for charitable assistance, while the latter will be responsible for developing the projectâs values ââand culture.
#Shibalnu #Dao
$SHIB
$BNB
VeChain ($VET ) makes strides despite market fluctuations. Price at $0.03389, VeChain unveils advancements:
VeBetterDAO app with Tesla for operational efficiency.
Phase 3 with BCG to refine blockchain solutions.
NFC tech adopted for luxury goods authentication.
These developments, including a potential price breakout, excite the VeChain community.
#VeChain #VeChainInnovations #Dao #writetoearn
VeBetterDAO app with Tesla for operational efficiency.
Phase 3 with BCG to refine blockchain solutions.
NFC tech adopted for luxury goods authentication.
These developments, including a potential price breakout, excite the VeChain community.
#VeChain #VeChainInnovations #Dao #writetoearn
