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Velora DAO Votes to Wind Down, Hand Operations to Laita Labs
The DEX aggregator's $415K treasury will be transferred to the protocol's development company, along with future revenue.

ECB Study Concludes DeFi DAOs Aren't as Decentralized as They Claim
A new working paper from the European Central Bank examined four major protocols and found that a small number of actors control the bulk of governance token holdings.

Fluid Proposes Establishing a Foundation Funded by $3M Annual Grant From DAO
If approved, the governance proposal by Instadapp’s COO would establish a non-profit foundation to oversee the DeFi protocol’s code, frontend and trademarks.

Balancer DAO Caps Recovery Bounty at 10% After $128M Exploit
Balancer’s security team had earlier posted a 20% one-time offer to the attacker behind the November exploit.

Maple’s SYRUP Stakers Vote to End Staking Rewards, Launch DAO Treasury
Maple Finance says it wants to use protocol revenue for “long-term sustainability” instead of staking rewards.

MetaDAO Community Votes Against VC Discount in $6M OTC Deal
The platform’s founders warned earlier that without new funding, MetaDAO would have only 24 months of runway.

Treasure DAO Restructures and Cuts Costs in Attempt to Survive
The MAGIC token dropped over 20% after Treasure DAO's co-founder and chief contributor John Patten revealed that scope of the project’s financial crisis.

DAOs.Fun Launches V3 Upgrade
The DAO fundraising platform has added staking to earn fees on its top products.

California Rules Governance Participants Are Liable For Lido DAO's Actions
The ruling suggests ordinary DAO members could be liable for the actions of a web3 project.

ApeCoin Shakeup: Secretary Steps Down Citing Inactive Stewards
The former secretary expressed concerns about compensation, poor communication, and lack of accountability.





