Wizard Cults Are DAOs Too, and Maker Gets Into Budgeting

MAR 14, 2022 • 11 Min Read

Aaron D.

DISCLOSURE: DELPHI VENTURES HAS INVESTED IN ANCHOR, ASTROPORT, BLACKPOOL, LIDO, MARS AND SEED CLUB. MEMBERS OF OUR TEAM ALSO HOLD ANC, ASTRO, FRW NFTS, FXS, JUNO, LDO, MARS, OSMO, RBN AND SCRT. THESE STATEMENTS ARE INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE ANY TOKEN. THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT MAKE DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.

 

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Active Votes

  • 1inch DAO is currently proposing to donate $1m in treasury funds to the Ukraine government’s public ETH address. The proposal is one of many similar proposals I have seen in the space but, like the others, is still falling far short of reaching quorum.
  • Juno, a Cosmos app chain, is voting to ‘correct’ Juno’s gamed genesis stakedrop through proposition 16. The proposal alleges that a whale managed to game a recent airdrop, receiving more tokens than they otherwise should’ve. This proposal would rectify this by ‘removing’ funds from the whale’s wallet and distributing it to the community pool. There is no mention of how or who would remove funds, but this would seemingly require a fork or a significant upgrade. If this passed,

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