📊State of the DAOs - September 21st

BitDAO’s treasury regains the top spot while Magic Square’s lifetime vote count reaches 8 figures

📝DAO News

▪️Polygon 2.0 - the “value layer” of Web3?

▪️CoffeeDAO is giving COFFEE tokens to people purchasing coffee in local coffee shops

▪️Mantle Network has launched a $200M ecosystem development fund

▪️Polkadot OpenGov is having some controversial side effects

▪️The Nouns DAO fork passed, with around half of its NFT holders taking the fork and $27M in ETH with them

▪️ApeCoin DAO has a proposal to establish a sister DAO for the purpose of buying influential NFTs

▪️DeFi protocol Gro DAO voted to dissolve itself

👥DAO Proposals

18 mid- and 20 low-importance proposals this week

Most proposals deal with Team (10), Governance (7), and Parameters (7).

🔝DAOs with the most lifetime votes:

Magic Square - 11,295,255
Stargate Finance - 9,870,526
Aave - 2,488,125
Optimism - 1,142,373
Arbitrum - 865,328

📖 Details in the full article 👉 here