📊State of the DAOs - May 2nd

DAO treasuries lost $630M but DAOs and members growing.

📝DAO News

▪️DAO Tokyo brought together crypto leaders.

▪️CityDAO is building a decentralized blockchain city.

▪️Wyoming and Utah adopting pro-DAO legislation.

▪️Airbitrum gave 90 million ARB to 125 DAOs.

▪️OlympusDAO deploying OHM LP pairs on Arbitrum.

▪️Angle DAO is relaunching its borrowing module on multiple networks.

▪️Gitcoin grants are back and its DAO just approved spending $95k in GTC on funding.

👥DAO Proposals

This week’s two high-importance proposals are by Gelato (allocating funding for later) and the Friends With Benefits DAO (splitting into a for- and non-profit entities).

There are 23 medium and 34 low-importance proposals active this week, most about Parameters (21) or Team (20).

🔝Most Active DAOs

▪️loveeachother
▪️PancakeSwap
▪️Arbitrum-named DAOs
▪️Rari Capital DAO
▪️2021eth

📖Details (with stats, pics, and links) in the full article 👉 here