Ethereum Name Service co-founder proposes delegating 5M ENS tokens to reform DAO governance

Alex Van de Sande, a co-founder of the Ethereum Name Service (ENS), proposed Monday that the ENS DAO delegate 5 million ENS tokens from its dormant community treasury to individual participants.

Centralized control in decentralized systems undermines governance integrity, risking community trust and potentially destabilizing market confidence. The post Ethereum Name Service governance faces scrutiny over founder accountability appeared first on Crypto Briefing.

DAO vote 57.4M LDO approves revoking nine wstETH bridges as Lido consolidates endpoints after KelpDAO shock. Users face new liquidity paths and governance guardrails.

The proposal could redefine ENS governance, potentially shifting power dynamics and challenging the project's decentralized ethos. The post ENS delegate warns Foundation proposal marks project’s downfall appeared first on Crypto Briefing.

Christoph Jentzsch, who wrote code for the original 2016 "The DAO" and now runs Tokenize.it, called for ENS DAO to wind down and revoke its own upgrade authority, a day after ENS co-founder Nick Johnson used roughly half of the protocol's active voting power to block a Security Council renewal.

The event highlights the risks of concentrated voting power in DAOs, emphasizing the need for balanced governance to protect assets. The post ENS co-founder Nick Johnson blocks Security Council renewal with 80% vote appeared first on Crypto Briefing.

Aave confirmed Saturday that Aavenomics 3.0 is now active, with automated AAVE token buybacks running and DAO operational spending reduced, completing a governance roadmap the protocol has built toward since mid-2024.

Malta’s financial regulator has proposed a new legal category for decentralized autonomous organizations as part of a consultation on how decentralized finance could be regulated under the European Union’s crypto framework. According to a discussion paper published by the Malta…