Zeta Markets unveils governance token and Solana’s first L2 scaling solution
Zeta Markets is among the top decentralized exchanges built on Solana. Zeta Markets plans to distribute 100 million Z tokens to Solana community members. Zeta Markets has also unveiled plans…
Gauntlet ends Aave partnership over DAO governance disputes
Gauntlet terminates 4-year partnership with Aave due to DAO governance challenges. Gauntlet was Aave’s Risk Steward. Aave now faces the task of finding a new Risk Steward after Gauntlet withdraws.…
dYdX trading and launch rewards live after governance vote
dYdX trading and launch rewards went live on the dYdX Chain on November 28. dYdX users can now earn rewards for using the dYdX Chain, with $20 million set for…
Jito Foundation unveils governance token for Solana MEV development
Jito Foundation Launches Governance Token (JTO). Impactful Solana MEV Mitigation by Jito Labs. The JTO token will have a total supply of 1 billion. Jito Foundation, the driving force behind…
What Are the Differences Between Governance and Utility Tokens?
Governance vs. Utility Tokens Governance tokens are used on voting portals to submit and also to decide on improvement proposals, while utility tokens are used to access an protocol’s fe...
What are Governance Tokens and Why Do They Matter?
What Are Governance Tokens? Governance tokens confer the power of decision-making on the community where holders can vote on improvement proposals. Governance tokens also reflect the hol...
Sweat Economy to decide the fate of 2B idle SWEAT tokens via Governance Vote
There are 2 billion idle SWEAT tokens in inactive user accounts. These idle tokens constitute approximately 13% of the SWEAT token total supply. Sweat Economy has launched a new Governance…