Frax Wants BTC, and Squads Hits a Milestone

Active Votes

• Aavegotchi is voting on two proposals.
  • Lending Limit: This proposal would limit Gotchi lending to a single Gotchi. The proposer points to large accounts lending their numerous Gotchi’s and not using them to play as the motivation for this proposal.
  • Land Sale: Aavegotchi has scheduled their third land auction and raffle for June. The auction will occur within the first two weeks of June. Aavegotchi will auction 5600 land parcels and raffle the remaining 2400.
• Gnosis is currently voting on a grant proposal for Erigon. If passed, this proposal will grant the Erigon team 2m DAI and 24k GNO vested over three years. Erigon, previously Turbo-Geth, is working to “re-architect” Ethereum to make it faster and more modular.
• Kwenta is voting on the launch distribution of their token. Kwenta proposes allocating 5% of the token to Synth traders that traded between Jan 2020 and Feb 2022. Additionally, Kwenta is allocating 30% to SNX stakers who were active between Sept 2021 and Feb 2022. The DAO will distribute the remaining supply to the treasury.
• Osmosis is running five votes to choose their canonical Eth bridge. OSMO holders are deciding between Axelar, Wormhole, Nomad, and Gravity bridges. Holders could also choose to adopt none of the proposed bridges. So far, Axelar is in the lead, with 69.73% voting to approve the protocol for the bridge.
• Secret is voting on two proposals at the moment.
  • Foundation Tax: This proposal intends to reduce the Foundation Tax from 10% to 0%-4%.
  • Community Proposal for Cover: Secret is also voting on a funding proposal from Cover. Cover i