📊State of the DAOs - May 9th

With the overall number of DAOs stagnating, DAO treasuries lost $1.5M while membership keeps steadily growing.

📝DAO News

▪️MakerDAO launched Spark Protocol.

▪️Chainway’s Proof of Innocence tool recently adopted by Railgun DAO.

▪️Aave DAO’s v3 launched on Metis.

▪️Aragon banned 6 members for, among other things, questioning leadership authority.

▪️Merit Circle DAO’s MIP-25 proposal seeks to formalize a Constitution.

▪️Jack Dorsey is launching a decentralized P2P marketplaces platform.

👥DAO Proposals

This week’s sole high-importance proposal is about Aaave’s safety module.

There are 24 medium and 39 low-importance proposals active this week.

Most proposals concern Team (31), Parameters (18), Governance (9), and Token (4).

🔝Most Active DAOs

The Top 5 by proposal activity:
▪️Iwan
▪️PancakeSwap
▪️2021eth
▪️AlexDAO
▪️Rari CapitalDAO

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