📊State of the DAOs - July 12th

There are now over 7 million DAO members. Yay!!

📝DAO News

▪️Arbitrum’s AIP 1.1 is approved, locking 700B ARB in a 4-year vesting distribution.

▪️Grayscale Investments makes LDO 19% of its DeFi fund’s holdings.

▪️Index Coop report identifies problems in the on-chain structured products market.

▪️Multichain halted operations after $125M worth of outflows.

▪️BarnBridge DAO is also halting all work under SEC investigation.

▪️DeSo offered a $1M bounty to create a decentralized version of Reddit.

▪️Gitcoin DAO’s Quadratic Experimentation and Development Program (Q.E.D.).

▪️IMF sees DAOs as dangerous for the Marshall Islands.

👥DAO Proposals

4 high-importance proposals, 25 mid-, and 29 low-importance ones.
Most proposals deal with Parameters (24), Team (18).

🔝Most active members by DAO

Stargate Finance - 751.2k
SyncSwap - 220.9k
Arbitrum One - 155.5k
PancakeSwap - 129.1k
Optimism Collective - 88.7k

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