📊State of the DAOs - September 28th

Quiet week with treasury sizes dipping slightly.

📝DAO News

▪️69 million unclaimed ARB (~$59M) got added to the Arbitrum treasury. Meanwhile, some thoughts on how Arbitrum may allocate its $42M ecosystem grant.

▪️There is an interesting suggestion to burn all the ETH in the Nouns DAO treasury in excess of a certain formula amount.

▪️Will Jade Protocol DAO liquidate its entire $31M treasury?

▪️A dive into Tornado Cash’s legal troubles related to alleged money laundering.

▪️Tron DAO has hackathons and other initiatives going.

▪️Core DAO made a big rebrand (logo, website, initiatives).

👥DAO Proposals

18 mid- and 15 low-importance proposals this week, most re: Team (16) and Parameters (13). Osmosis and Aave are especially active.

🔝DAOs with the most lifetime proposals:

Pancake - 2,473
Decentraland - 1,364
Lenster Polls - 1,105
Index Coop - 876
Bancor - 428

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