dao

The developer of the decentralized lending protocol Aave, Aave Labs, has published an ARFC on the governance forum, proposing the establishment of the Aave Foundation. This entity will be a memberless foundation company in the Cayman Islands, which will hold the Aave trademark and related intellectual property for the Aave Protocol.The proposal only covers Phase 1, which includes entity registration and the appointment of initial independent directors and supervisors. The transfer of trademarks, domain names, and intellectual property of the codebase, as well as the scope of operations, will be addressed in subsequent phases and must be submitted for governance separately. Phase 1 only applies for registration, legal work, and reasonable expenses for the appointment of directors, supervisors, and secretaries, with no recurring budget; future funding must be proposed separately.The foundation is established under the Foundation Companies Act, with its charter goals limited to holding, protecting, and licensing intellectual property for the Aave Protocol. Aave Labs, DAO service providers, and their affiliates have no right to appoint directors or supervisors and cannot hold such positions. After the initial appointments, the removal and appointment of directors can only be done through an AIP. If this ARFC reaches community consensus, it will enter Snapshot, and then the related expenses will be authorized through an AIP, followed by registration in the Cayman Islands and completion of the appointments.

Aave Labs has proposed a new plan regarding the ownership of brands and intellectual property, intending to gradually hand it over to a DAO for oversight and management. According to the schedule for the first phase, the team will first promote the establishment of a legal entity located in the Cayman Islands and appoint independent senior management for that entity.However, the transfer of ownership for the trademark rights related to the Aave brand, domain names, and code repositories is not included in the action scope of the first phase. Instead, it will be subject to approval through multiple rounds of governance voting that will be initiated later.

According to The Defiant, the Solana ecosystem liquid staking protocol Marinade stated that its governance committee consecutively rejected two proposals within six hours, thereby preventing an attempt to take over the DAO.Marinade stated that this incident did not result in any funds being transferred, and its staking services were not affected.

According to CryptoBriefing, the second round of funding for ETHSecurity Initiatives under TheDAO Security Fund has been launched, with a grant of $600,000 allocated for the formal verification of the Vyper compiler. Vyper is the smart contract language for protocols such as Curve, Yearn, and Lido.The fund originates from unclaimed ETH converted from the 2016 DAO incident, with the Ethereum Foundation publicly expressing support.

According to official social media news, Huobi HTX's global investment department HTX Ventures will appear at the world's top cryptocurrency summit TOKEN2049 at booth PB5-47&48 from October 7 to 8.In addition, from October 6 to 8, HTX DAO will host several private, invitation-only peripheral events such as Future Night, HTX DAO Friends Reunion, and VIP Private Dinner, allowing for close dialogue with community members and builders in the cryptocurrency industry, injecting new vitality into the healthy development of the HTX DAO ecosystem.

KelpDAO stated on platform X that it has filed a lawsuit against LayerZero and its co-founder Bryan Pellegrino, seeking accountability for the rsETH cross-chain bridge attack incident that occurred earlier this year. The lawsuit claims that LayerZero failed to adequately disclose its inherent technical weaknesses and risks; failed to prevent its security infrastructure from being compromised; and that LayerZero had previously reviewed and approved Kelp's deployment and configuration in writing.Officials stated that LayerZero has publicly attributed responsibility to itself in recent months. Since the occurrence of the attack, the team has taken action to ensure the safety of user assets, including migrating the rsETH cross-chain bridge to a more secure cross-chain standard.LayerZero co-founder and CEO Bryan Pellegrino tweeted that KelpDAO's related claims lack basis and that he will respond and defend in Vancouver.Previously, LayerZero released an incident report indicating that on April 18, 2026, the KelpDAO rsETH cross-chain bridge built on LayerZero was attacked, resulting in a loss of approximately 116,500 rsETH, valued at around $292 million.

Arbitrum announced a per-transaction priority bidding mechanism to replace the original Timeboost mechanism.According to the disclosed allocation plan, 97% of the revenue generated from priority fees and paid Fast Feed subscriptions will be allocated to the DAO treasury, while the remaining 3% will be distributed to the Arbitrum Developer Guild.

Feixiaohao partners with MOS/SSD to advance the Feixiaohao × GWDC 2026 Innovation Forum. MOS/SSD will participate as a co-organizer in this forum, which will be held on September 29, 2026, at AT CENTER in Seoul, South Korea, focusing on topics such as stock tokenization, Web3, and AI.MOS/SSD (Sea Star) will participate in this forum as a co-organizer. MOS (Sea Star Community) is a decentralized autonomous organization (DAO) deeply engaged in Web3, established on February 19, 2022. The community's vision is to build a trustworthy metaverse DAO and collaborate with SPF META to promote blockchain gaming and the metaverse ecosystem.The GWDC Korea event is expected to attract 5,000 participants, with guests and institutions such as Sun Yuchen, Animoca Brands, Bithumb, and Microsoft also in attendance. The entry of the Sea Star community into this scene will help bring the DAO, blockchain gaming, and metaverse community ecosystem into a more open exchange environment.

Lisk's official post on X stated that it has begun to burn 100 million LSK tokens, aiming to reduce the total supply of LSK from 400 million to 300 million. This action stems from the successful passage of a DAO proposal. The DAO treasury was originally intended to gradually decentralize and incentivize the Lisk Chain ecosystem.As Lisk announced the launch of a modern funding operation product driven by its own stablecoin and the impending closure of Lisk Chain, the project proposed full funding for the Lisk project and growth activities by the Onchain Foundation, which has been approved. This allows for the burning of most tokens in the Lisk DAO treasury, significantly reducing the total supply of LSK, limiting future increases in circulating supply, and decreasing ongoing selling pressure.Specifically, Lisk has begun to burn all tokens belonging to the Lisk DAO treasury from 2027 to 2033, which amounts to 15 million tokens each year from 2027 to 2032, and 10 million tokens in 2033, totaling 100 million LSK. Users holding funds on the Lisk Chain must bridge to Ethereum before the closure on October 31, with withdrawals taking about 8 days, and an additional 3-day waiting period for unlocking and unbonding. Lisk stakers can unlock their staked LSK without penalty.

The DAO governance platform Aragon announced the launch of Confidential Voting, a governance plugin based on the Zama Protocol for Aragon OSx. This plugin keeps individual votes encrypted during the counting process while retaining the familiar Aragon voting experience. Zama's programmable confidentiality allows projects to define decryptable information, decryptors, and conditions.Voters select for, against, or abstain through the Aragon interface, choosing to encrypt and submit using the Zama Relayer SDK on the client side. The plugin utilizes fully homomorphic encryption for verification, weighting, and accumulating encrypted votes, only performing threshold decryption on the final counts of for, against, and abstain after the voting ends. The plugin does not grant decryption rights to individual ballots.To maintain confidentiality during voting, the system does not provide real-time counting, does not support early execution, and allows voters to change their encrypted votes before the deadline. The plugin adopts a modular architecture, allowing it to be used in parallel with other governance primitives, and actions related to proposals are executed by the DAO after approval.

On September 2, Curve DAO approved proposal 1492, appointing yRisk as the risk provider for crvUSD and Llamalend, concluding the selection process that began in July. The proposal passed with 621 million veCRV votes in favor, with only 5.33 votes against, and was executed 87 minutes after the voting ended. yRisk will receive a one-year revocable grant, including a principal of 125,000 frxUSD (held in sfrxUSD) and 568,000 CRV, while their previously requested annual funding amount was $250,000.yRisk consists of two members, who claim to be the main developers of Resupply, as well as core developers for Yearn and Resupply. Resupply is a stablecoin and lending protocol built on crvUSD and CurveLend, which lost $9.6 million in June 2025 due to a donation attack vulnerability, although this incident was not mentioned in the proposal. The reviewer, Swiss Stake, confirmed yRisk's experience with Curve but expressed concerns about their limited two-member team and the workload required to cover multiple Llamalend market monitoring scopes.LlamaRisk, which previously held the position, announced the early termination of its cooperation with Curve on May 29, ceased related work on June 30, and returned approximately 270,000 crvUSD of unallocated funds to the treasury. Curve founder Michael Egorov initiated a proposal solicitation on July 7.

According to The Block, Arbitrum DAO achieved revenue of $6.19 million in the first half of 2026, mainly from Arbitrum One transaction fees, Timeboost ranking auctions, licensing fees for sidechains using Arbitrum technology, and treasury management income, with a protocol revenue gross margin exceeding 97%, holding $125 million in non-ARB assets at the end of the period.The report shows that during this period, the network processed 478 million transactions, with a monthly average transfer volume of stablecoins exceeding $70 billion, the number of holding addresses increased to 10.5 million, and it ranked first in the number of on-chain RWA deployments. In its first month after launching the mainnet in July, Robinhood Chain paid $360,000 in licensing fees to the Arbitrum Expansion Program, accounting for 35% of the DAO's revenue for that month.

AEGIS X (XDAO) announced that it will officially launch its mainnet tomorrow (September 3), and the project will fully enter the ecological operation and global market expansion phase.Previously, the AEGIS X Genesis Reserve Council's global co-construction phase has been completed, with a cumulative co-construction scale reaching 31,656,800 USD.AEGIS X uses USD1 as the core value settlement asset, building an ecosystem around USD1 × AI × DeFi, covering application scenarios such as stablecoin liquidity, on-chain payments, DAO collaborative governance, and AI Agent, promoting more on-chain applications and users to enter the USD1 ecosystem.

Core DAO is coordinating an emergency hard fork due to some validators receiving CORE rewards that exceeded the protocol's expected issuance. Core stated in an update that the situation has been brought under control, and "malicious validators" can no longer claim excess rewards. This fork is a forward upgrade and will not roll back the network or revoke any confirmed transactions.Previously, Core indicated in a status update on Monday that the rewards accumulated by a small number of validators were significantly higher than the protocol's expected issuance. The incident was limited to the reward distribution phase, user assets remain secure, and they promised to release a technical review report. Following the incident, several exchanges restricted CORE transfers: Coinbase suspended deposits and withdrawals on the Core network, Bithumb and Coinone suspended deposits and withdrawals, Bitget suspended deposits and withdrawals citing wallet maintenance, and LBank suspended deposits at the request of the project party.Core has not disclosed the amount of excess issued CORE, the duration of the activity, or whether additional tokens have entered circulation, nor have they provided details on the vulnerability that allowed validators to receive rewards. Cointelegraph reached out to Core for further information but had not received a response by the time of publication.

On August 20, JustLend DAO announced the launch of the "Buy Energy" one-stop energy direct purchase service, providing TRON ecosystem users with a more efficient and economical way to acquire resources. This feature focuses on short-term energy needs, with funds arriving within 10 seconds after placing an order, eliminating the traditional 14-day staking lock-up and redemption waiting time, achieving "buy and use immediately."Single orders support bulk purchases of energy for up to 50 addresses, enhancing the convenience of multi-account operations. Compared to directly burning TRX to obtain energy, Buy Energy can save about 63% in costs, lowering the interaction threshold on the TRON chain.

GnosisDAO approved the transformation of the blockchain network Gnosis Chain from an independent Layer 1 network to a zero-knowledge proof Ethereum Economic Zone (EEZ) Rollup. The network will eliminate the independent validator set and instead have Ethereum validators complete transaction settlements.The proposal received support from 123,158 GNO, 115 against, and 151 abstentions, with voting involving 54 participants and a total participation of 123,425 GNO, exceeding the quorum threshold of 75,000 GNO. The upgrade is tentatively planned to start at the end of 2026 or the beginning of 2027, depending on the readiness of EEZ technology.After the upgrade, Gnosis Chain's native smart contracts can call Ethereum in the same transaction and use the returned results, while also accessing Ethereum mainnet assets and liquidity. Gnosis Chain will become the first deployed EEZ instance and will retain existing applications, balances, and xDAI fuel tokens.