The failed vote highlights deeper tensions over token value capture, governance power and whether DAO structures can effectively manage protocol identity.
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Critics say the decision to fast-track a brand ownership vote exposed weaknesses in how one of DeFi’s largest DAOs handles governance process.
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The $6.6 million request would fund a 25-person core dev team and major 2026 upgrades, including Llamalend v2 and an onchain FX swap.
1848 - Newsletter
Corporate Ether acquisitions declined 81% in the past three months, but the largest corporate ETH holders continued to scoop up billions of dollars in Ether.
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CeFi lending markets reached $25 billion in Q3, its highest level in over three years, and the market looked very different then, says Galaxy’s Alex Thorn.
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Blockrise secures a MiCA license in the Netherlands, unlocking regulated Bitcoin custody and trading while paving the way for BTC-backed business loans across Europe.
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The investment broadens Ondo Finance’s onchain Treasury reserves and comes amid a renewed push into crypto-backed lending across fintechs, lenders and exchanges.
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Users can borrow up to $1 million in USDC against their Ether as Coinbase expands its Base-powered network, which has processed $1.25 billion in loans.
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Federally chartered Anchorage Digital Bank is integrating Mezo’s BitcoinFi tools into its custody platform, giving institutions a compliant path to borrow against BTC.
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Tether is expanding its commodity-trade lending after deploying $1.5 billion in credit, marking a deeper shift from stablecoin issuer to global finance player.
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Aave said compliant, audited payment pathways are crucial for onboarding new users to decentralized finance.
6858 - News
Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
3526 - News
RedStone expands beyond price oracles with Credora, integrating risk analytics across DeFi protocols Morpho and Spark.
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Yields and More maps out over $284 million in DeFi debt tied to Stream Finance, exposing complex loops across stablecoins and lending markets.
3135 - News
Ledn has facilitated $2.8 billion in cumulative crypto-backed loans as holders leverage market gains amid the bull market.
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