The Blood of Moloch and Ve-Everything

Active Votes

• APWine, due to a lack of quorum in the first vote, is voting again to add a treasury-fee to their AMM. The entirety of the .05% swap fee would go to the APWine treasury, which is governed by APW holders.
• Balancer is currently voting on modifying their protocol fees. With the transition to veBAL now occurring, the DAO is considering increasing their protocol fees from 10% to 50%. According to the proposal, this will increase earnings for those for veBAL holders, which should encourage more locking. Detailed projections can be found here.
• Fei Protocol is edging closer to releasing their new product Turbo. This proposal ear marks funds for the Codearena security audit of the new product and is required for release. The review will start in a month.
• Frax Finance, continuing its frenetic governance pace, is voting to add a new veFXS gauge for a VST <> FRAX pool on Arbitrum Curve. Vesta Finance uses a Liquity-like model to mint and issue an algo-stablecoin VST. Vesta has also announced doing their own token incentives for this gauge, so liquidity providers can expect FXS, VSTA, and swap fees for providing liquidity in these pools.
• GnosisDAO is voting on a proposal to partner with Tornado Cash. Gnosis DAO is strategically partnering with protocols that it feels would be good additions to their new chain. As such, this proposal begins the groundwork for launching Tornado on Gnosis chain. Additionally, as part of the partnership, GNO will add 13k GNO and Tornado Cash will add 165k TORN to a Uni v3 pool.
• Nexus Mutual is currently voting on two proposals.
  • wNXM Allocation: Due to Bancor increasing space in the BNT