CurveDAO blocks $6.2M CRV grant as majority vote turns against core team funding proposal ... Read The Full Article Curve DAO Rejects $6.2M CRV Grant for CoreDevelopment Team On Coin Edition.
The ballot proposes transferring Aave’s “soft assets”, including its trademarks, domain, and social handles, from Aave Labs to the DAO... “The protocol operated like a DAO ... The DAO’s argument is legally and ethically sound.
The Aave community has become sharply divided over control of the protocol’s brand and related assets, intensifying an ongoing dispute over the relationship between the DAO and Aave Labs... .
CurveDAO rejected a grant of 17.4 million CRV, about $6.2 million, for Swiss Stake AG, the core development firm managed by Michael Egorov ... When the ballot closed, the DAO rejected the proposal with 54.46% voting against and 45.54% voting in favor.
Critics allege CowSwap integration diverted $10M annually from the DAO, fueling decentralization concerns ... The recent DAO alignment proposal has been moved to Snapshot after extensive discussion.