📊State of the DAOs - August 24th

Treasuries are down while active membership is rising.

📝DAO News

▪️Yuga Labs is blocking OpenSea for dropping mandatory royalties. Meanwhile, ApeCoin DAO passed a proposal to spend $5,750 to design a mascot.

▪️Up to $126M in tokens is about to be unlocked by Avalanche, Lido DAO, and Space ID.

▪️1inch DAO rejected a proposal to lower the voting quorum.

▪️Decentraland’s proposal to redistribute the budget in light of the Community Builder grant category failed.

▪️Teia NFT marketplace began distributing its tokens.

👥DAO Proposals

Only 22 mid- and 17 low-importance proposals this week, most re: Parameters (10) and Team (19).

🔝Most active members by DAO

Stargate Finance - 889.3k
SyncSwap - 220.9k
Arbitrum One - 198.6k
PancakeSwap - 130.7k
Optimism Collective - 88.7k

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