Decentralized Autonomous Organizations (DAO) and how to create them
A DAO lacks centralized leadership. Bottom-up decisions are made by a community regulated by blockchain-enforced norms. This article discusses creating DAOs Decentralized Autonomous Organizations: What are they? Decentralized Autonomous Organizations lay down the rules of the road for all corporations. Private agreements, such as shareholder contracts, between firm owners could constitute such governance standards. Since […]
DeFi glossary: Most popular terms you should know in DeFi
DeFi is redefining the standards of what we anticipate from finance, and for beginners, grasping the entire lexicon of DeFi terms may be rather difficult. To make it easier, we have simplified them down into simple terms. What is DeFi? DeFi is a developing industry that enables participants to conduct financial transactions without using a […]
What are the most popular DeFi use cases?
Projects using decentralized finance (DeFi) technologies are presenting solutions that serve as a replacement for centralized traditional financial services. What is DeFi? The term “decentralized finance” refers to a financial system that is not based on or organized around a central actor or institution but rather is driven by a multitude of dispersed actors and […]
Mango Market to approve $47 million hacker settlement
Following the recent hack on Mango Market, the DAO has decided to provide a settlement for those affected by the hack with more than 98% of voting tokens in support of the settlement. According to the decentralized finance (DeFI) protocol governance forum, the Mango Markets community is prepared to reach an agreement with its hacker, […]
MetaMask wallet integrates 4 new crypto custodians
MetaMask, a decentralized finance (DeFi) wallet and browser extension has integrated four new crypto custodians Gnosis Safe, Hex Trust, GK8, and Parfin, in a strategic partnership. The new connection would give decentralized autonomous organizations (DAOs) with key management capabilities to participate in DeFi activities, according to MetaMask Institutional (MMI) , the institutional version of the […]