ApeCoin DAO & The Next Wave of Tokenized NFT Communities

Active Votes

• Cosmos is voting on two proposals at the moment.
  • Gravity Dex Chain: This proposes launching Gravity Dex on a dedicated chain connected to the broader ecosystem through IBC.
  • Governance to Discourse: The proposer requests the community spend 1000 ATOM from the community pool to activate and steward the Cosmos Hub Discourse forum. According to the proposal, governance discussions are currently highly fragmented, and there is no record. Having a Cosmos Discourse forum would help consolidate the discussions.
• Frax Finance has three proposals they are voting on, all of which are well below quorum so far.
  • Frax <> Futureswap: This proposal will cement their partnership by conducting a $3m token swap and creating an $8m AMM liquidity pool. The proposal further supports their protocols work to create a derivatives layer on top of Frax Finance.
  • Money Switch: This is less a proposal and more of an invitation to Frax Finance to participate in Money Switch’s upcoming seed round. They are proposing a 250k allocation at $35m FDV, which Frax can participate in if they vote affirmative.
  • HOP AMO: In furtherance of integrating Frax Finance into Hops cross-chain bridge, this proposal would authorize Frax Finance to deploy up to $50m of FRAX liquidity when it is live on Hop.
• Gnosis DAO has two proposals on the docket.
  • Locked GNO Vote: As the title suggests, this proposal gives locked and staked tokens governance power in Gnosis DAO. The proposal would allow users with locked GNO to yield farm and participate in governance. This update accounts for GNO on mainnet ETH and Gnosis Chain.
  • Gnosis Incentives: This proposal would disburse 50k GNO for incentives on Gnosis Chain. Protocols that receive incentives include Curve, Agave, Elk, Hop, Azuro, and Cowswap on Gnosis Chain. Readers can find a complete list of the protocols receiving incentives here.
• Index COOP is undergoing a governance blitz; these are their active, non-metagovernance proposals.
  • Fee Split: In an effort to reduce gas costs, this proposal changes the fee structure and rebalance tempo for their indices. In particular, this proposal increases the streaming fee from .95% to 1.5%, and reduces rebalancing to once per quarter.
  • Basis Trading: This is the final vote to onboard thei