📊State of the DAOs - May 23rd

Total DOA treasuries rose by $1.3B and members by 13.3k.

📝DAO News

▪️A governance attack on Tornado Cash has a plot twist: the hacker proposes to give back control.

▪️Aragon restructured its $177M treasury into developer grants to prevent a governance attack.

▪️Lido’s community is considering staking and/or buyback options for its LDO token.

▪️The Founder of MakerDAO wants it to have its own blockchain along with new MKR and DAI tokens.

▪️Some investors are suing Bancor DAO for failed promises of Impermanent Loss protection.

▪️The BIT token will become MANTLE, as BitDAO’s BIT-21 passes.

▪️A bug in Aave v2 on Polygon is getting some user assets stuck.

👥DAO Proposals

No high-importance proposals but 23 medium and 41 low-importance ones, mostly Team (36) and Parameters (16).

🔝Most Active DAOs

▪️Iwan - 159
▪️Pao Pao -147
▪️PancakeSwap - 41
▪️Rari Capital DAO - 26
▪️Fantom - 23

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