SushiSwap DAO is in the spotlight. Popular decentralized crypto exchange SushiSwap is mulling a revamping of its legal structure, an effort with potentially greater potency amid increased regulatory scrutiny of crypto projects governed by so-called DAOs.
The robust participation in Sushi DAO votes is, however, a stronger claim to decentralization than Ooki has ever seen,data shows. More than 1,800 individual wallets have voted in Sushi DAO in the past six months, compared with a mere nine in Ooki over the same period.
SushiSwap’s “new leaf” was months in the making, said Bhasin, but it fell within hours of the CFTC’s lawsuit against Ooki DAO. That unprecedented action prompted key voices such as Grey to sharpen their calls for a legal wrapper that might protect SushiSwap from liability – and soon. Turning those recommendations into reality will take time, Bhasin cautioned. Fenwick has proposed slicing SushiSwap into three entities: a Cayman Islands foundation to administer DAO assets, including its treasury and governance procedures; a Panamanian foundation to manage the on-chain trading infrastructure; and a Panamanian corporation to operate SushiSwap’s front end. This could take about a month to implement if and when the community votes to approve it.
That’s hardly a given. So far, community responses have ranged from demands for quick action to calls to go slow and digest the ramifications. Some were wary of disrupting “the crypto ethos” of unmitigated decentralized governance by introducing state-based legal entities subject to local laws. That debate is one that rages across decentralized finance“TBH I really don’t think it’s possible to go full degen,” Bhasin said, referring to the DeFi purist route.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Over 50% of Attacks on DeFi Ecosystems Use This Vector: ResearcherThis element of the DeFi sphere is the most vulnerable one: Expert 0xKofi of 1confirmation shares breakdown of latest attacks Crypto hack DeFi
続きを読む »
The Real Culprit Behind Web3’s Usability Problem | HackerNoonBlockchain technology currently limits developers in attempting to empower crypto users with better opportunities than the ones traditional financial ins - web3 defi
続きを読む »
Coin: A Founder's Story trailer puts a good spin on Crypto | Digital TrendsDespite the massive losses in crypto currency this year, the new documentary, Coin: A Founder's Story, puts forth a bright future for crypto.
続きを読む »
Dappradar’s Q3 Industry Report Shows Crypto Economy and Participants Are ‘Riding Out the Bear Market’ – Bitcoin NewsAccording to Dappradar’s latest crypto industry report, the crypto economy and its participants are “riding out the bear market.”
続きを読む »