dao

The DAO governance platform Aragon announced the launch of Confidential Voting, a governance plugin based on the Zama Protocol for Aragon OSx. This plugin keeps individual votes encrypted during the counting process while retaining the familiar Aragon voting experience. Zama's programmable confidentiality allows projects to define decryptable information, decryptors, and conditions.Voters select for, against, or abstain through the Aragon interface, choosing to encrypt and submit using the Zama Relayer SDK on the client side. The plugin utilizes fully homomorphic encryption for verification, weighting, and accumulating encrypted votes, only performing threshold decryption on the final counts of for, against, and abstain after the voting ends. The plugin does not grant decryption rights to individual ballots.To maintain confidentiality during voting, the system does not provide real-time counting, does not support early execution, and allows voters to change their encrypted votes before the deadline. The plugin adopts a modular architecture, allowing it to be used in parallel with other governance primitives, and actions related to proposals are executed by the DAO after approval.

On September 2, Curve DAO approved proposal 1492, appointing yRisk as the risk provider for crvUSD and Llamalend, concluding the selection process that began in July. The proposal passed with 621 million veCRV votes in favor, with only 5.33 votes against, and was executed 87 minutes after the voting ended. yRisk will receive a one-year revocable grant, including a principal of 125,000 frxUSD (held in sfrxUSD) and 568,000 CRV, while their previously requested annual funding amount was $250,000.yRisk consists of two members, who claim to be the main developers of Resupply, as well as core developers for Yearn and Resupply. Resupply is a stablecoin and lending protocol built on crvUSD and CurveLend, which lost $9.6 million in June 2025 due to a donation attack vulnerability, although this incident was not mentioned in the proposal. The reviewer, Swiss Stake, confirmed yRisk's experience with Curve but expressed concerns about their limited two-member team and the workload required to cover multiple Llamalend market monitoring scopes.LlamaRisk, which previously held the position, announced the early termination of its cooperation with Curve on May 29, ceased related work on June 30, and returned approximately 270,000 crvUSD of unallocated funds to the treasury. Curve founder Michael Egorov initiated a proposal solicitation on July 7.

According to The Block, Arbitrum DAO achieved revenue of $6.19 million in the first half of 2026, mainly from Arbitrum One transaction fees, Timeboost ranking auctions, licensing fees for sidechains using Arbitrum technology, and treasury management income, with a protocol revenue gross margin exceeding 97%, holding $125 million in non-ARB assets at the end of the period.The report shows that during this period, the network processed 478 million transactions, with a monthly average transfer volume of stablecoins exceeding $70 billion, the number of holding addresses increased to 10.5 million, and it ranked first in the number of on-chain RWA deployments. In its first month after launching the mainnet in July, Robinhood Chain paid $360,000 in licensing fees to the Arbitrum Expansion Program, accounting for 35% of the DAO's revenue for that month.

AEGIS X (XDAO) announced that it will officially launch its mainnet tomorrow (September 3), and the project will fully enter the ecological operation and global market expansion phase.Previously, the AEGIS X Genesis Reserve Council's global co-construction phase has been completed, with a cumulative co-construction scale reaching 31,656,800 USD.AEGIS X uses USD1 as the core value settlement asset, building an ecosystem around USD1 × AI × DeFi, covering application scenarios such as stablecoin liquidity, on-chain payments, DAO collaborative governance, and AI Agent, promoting more on-chain applications and users to enter the USD1 ecosystem.

Core DAO is coordinating an emergency hard fork due to some validators receiving CORE rewards that exceeded the protocol's expected issuance. Core stated in an update that the situation has been brought under control, and "malicious validators" can no longer claim excess rewards. This fork is a forward upgrade and will not roll back the network or revoke any confirmed transactions.Previously, Core indicated in a status update on Monday that the rewards accumulated by a small number of validators were significantly higher than the protocol's expected issuance. The incident was limited to the reward distribution phase, user assets remain secure, and they promised to release a technical review report. Following the incident, several exchanges restricted CORE transfers: Coinbase suspended deposits and withdrawals on the Core network, Bithumb and Coinone suspended deposits and withdrawals, Bitget suspended deposits and withdrawals citing wallet maintenance, and LBank suspended deposits at the request of the project party.Core has not disclosed the amount of excess issued CORE, the duration of the activity, or whether additional tokens have entered circulation, nor have they provided details on the vulnerability that allowed validators to receive rewards. Cointelegraph reached out to Core for further information but had not received a response by the time of publication.

On August 20, JustLend DAO announced the launch of the "Buy Energy" one-stop energy direct purchase service, providing TRON ecosystem users with a more efficient and economical way to acquire resources. This feature focuses on short-term energy needs, with funds arriving within 10 seconds after placing an order, eliminating the traditional 14-day staking lock-up and redemption waiting time, achieving "buy and use immediately."Single orders support bulk purchases of energy for up to 50 addresses, enhancing the convenience of multi-account operations. Compared to directly burning TRX to obtain energy, Buy Energy can save about 63% in costs, lowering the interaction threshold on the TRON chain.

GnosisDAO approved the transformation of the blockchain network Gnosis Chain from an independent Layer 1 network to a zero-knowledge proof Ethereum Economic Zone (EEZ) Rollup. The network will eliminate the independent validator set and instead have Ethereum validators complete transaction settlements.The proposal received support from 123,158 GNO, 115 against, and 151 abstentions, with voting involving 54 participants and a total participation of 123,425 GNO, exceeding the quorum threshold of 75,000 GNO. The upgrade is tentatively planned to start at the end of 2026 or the beginning of 2027, depending on the readiness of EEZ technology.After the upgrade, Gnosis Chain's native smart contracts can call Ethereum in the same transaction and use the returned results, while also accessing Ethereum mainnet assets and liquidity. Gnosis Chain will become the first deployed EEZ instance and will retain existing applications, balances, and xDAI fuel tokens.

Binance stated that its monitoring team discovered a malicious governance proposal targeting a certain unnamed decentralized autonomous organization (DAO), involving a risk of approximately 1.2 million dollars in treasury tokens, with less than 48 hours until execution. Binance contacted the project and coordinated with centralized exchanges listing the related tokens to close deposits; the project subsequently voted down the proposal, preventing its execution. Binance did not disclose the name of the project or the tokens.The proposal exploited the project's on-chain governance mechanism, which had a low proposal threshold. BonkDAO confirmed in July this year that a malicious proposal had transferred approximately 20 million BONK tokens from its treasury, with the attacker accumulating enough voting power to authorize the transfer.

ElizaOS founder Shaw accused daos.fun founder baoskee of insider trading during the renaming and migration process of the ai16z project, claiming that he profited approximately $6.6 million by selling ai16z. Shaw stated that in June 2025, the project team promised to launch Snapshot voting so that the community could decide whether to rename the project, after a16z had requested a name change to avoid trademark disputes.Shaw claimed that, despite the voting mechanism not being launched as promised, baoskee sold all ai16z in the daos.fun execution wallet after being aware of the pressure to rename and the subsequent migration arrangements, and continued to sell before the project migrated to elizaOS, causing the token price to drop. Shaw believes that baoskee had information that other holders did not possess at that time. In response, baoskee denied the allegations, stating that the Snapshot voting had actually been launched, and that daos.fun had also self-funded to increase and lock over $1 million in ai16z liquidity. He also countered that Shaw had serious issues regarding project operations, token migration, and the use of development funds. Currently, there are significant discrepancies between the two parties' statements, and Shaw indicated that he would attach relevant Solscan on-chain records at the end of the article.

Lido tweeted that the NEST automated LDO buyback mechanism has been launched on the mainnet. NEST is a rules-based LDO buyback mechanism, where 50% of the surplus will automatically buy LDO through CoW Swap when the DAO's staking income exceeds the baseline of 40 million USD.If the income in a certain period does not meet the baseline, the corresponding gap will be accounted for in subsequent calculations and must be made up by new surplus before purchases can resume. The daily purchase limit is 50,000 USD, and the annual limit is 10 million USD, with all purchased LDO belonging to the DAO.

The Ethereum staking protocol Lido DAO officially interprets the NEST (Network Economic Support Tokenomics) mechanism, which binds the protocol's revenue to the value of LDO tokens through an on-chain automated method, achieving continuous LDO buybacks. The aim is to allow LDO holders to more directly share in the protocol's growth profits. This mechanism is supported by the surplus funds of the DAO treasury. When Lido's staking business revenue exceeds the set benchmark, a portion of the excess revenue will be automatically exchanged for LDO through CoW Swap.According to the initial parameters set by Lido DAO, the NEST revenue benchmark is an annualized $40 million (approximately $109,000 daily), with 50% of the excess allocated for LDO buybacks, a daily buyback limit of $50,000, and a cumulative limit of $10 million over 365 days. Buybacks are executed daily using a permissionless on-chain process.In the initial phase of NEST, a "Treasury-only mode" will be adopted, where purchased LDO will go directly into the DAO treasury. In the future, when market conditions are favorable, the DAO can switch to LP mode through on-chain voting, using half of the funds to purchase LDO and converting the other half into wstETH to provide Curve liquidity.

ENS DAO has voted to approve the proposal "Next Era of ENS DAO" and completed on-chain execution, officially establishing the ENS Foundation to promote the ENS ecosystem into a new governance phase.According to the proposal, the ENS Foundation will become a fully operational organization, equipped with a full-time executive director, a professional team, and a board of directors consisting of 5 members, responsible for undertaking institutional work related to ENS in areas such as law, policy, standard-setting, and brand protection.ENS stated that over the past nearly ten years, ENS has developed into an important infrastructure within the Ethereum ecosystem, with millions of registered domain names, and has been integrated by numerous wallets, applications, and Layer 2 networks. However, the DAO itself lacks legal entity status, making it unable to effectively participate in the governance of the internet naming system, sign institutional cooperation agreements, hire full-time employees, maintain trademark rights, or engage in regulatory discussions. The establishment of the ENS Foundation aims to fill this gap. In the future, the foundation will be responsible for:Representing ENS in internet standard organizations such as ICANN, IETF, and W3C, promoting the recognition and management of the ".ens" top-level domain (TLD);Participating in policy discussions as a legal entity, communicating with regulatory agencies and government departments;Holding and protecting ENS trademarks and intellectual property, combating phishing and impersonation;Hiring full-time employees responsible for ecosystem operations, funding programs, and fund management;Becoming a formal cooperation entity between traditional institutions such as registrars and standard organizations and the ENS ecosystem.

GnosisDAO is initiating a governance proposal GIP-152 on whether to split the Gnosis App into an independent company led by the original team. The proposal is now live on Snapshot, and voting will close on August 12 at 14:19 (UTC), with a required quorum of 75,000 votes to take effect. Community members can vote on whether to support the separation of the Gnosis App from the GnosisDAO ecosystem through Snapshot.The proposal outlines that GnosisDAO will invest $1.5 million in cash and inject a product and IP valued at $1 million, obtaining at least 25% equity through SAFE at a post-money valuation of $10 million, while completely separating the Gnosis App from Gnosis Ltd's annual budget of $3.1 million. The new company will focus on self-custody payments and card services, using the Circles protocol as its core, with 18 months of funding primarily allocated for the team, compliance operations, and customer acquisition, and will continue to drive on-chain and payment network usage through Gnosis Pay and Gnosis Chain. Current Snapshot voting results show that approximately 66% are in favor.

According to official news, the global instant delivery track RWA project CCC (Courier Cycle Coin) completed a deep strategic signing ceremony for cross-shareholding with Binance's ALPHA zone Anome on August 5, 2026, achieving deep cooperation. At the same time, both parties jointly launched the three-party co-branded card pre-sale signing ceremony with the global Caishendao organization, completing the inaugural signing ceremony.It is reported that CCC integrates RWA and DeFi, puts the cash flow of electric vehicle rental business on-chain for rights confirmation, and realizes the same source of currency and stock through token dividends, driving business expansion and ecological market value growth with physical profits, thereby building a complete closed-loop operation system.

GSR's latest report indicates that most DAOs in the crypto industry have structural defects in treasury management, with about 70% of treasury assets concentrated in the project's native tokens.GSR states that this asset structure may create a pro-cyclical negative feedback loop: when the price of the native token falls, the value of the treasury shrinks, while protocol revenue and market activity are affected, further increasing the financial pressure on the project.Project teams typically seek to hedge only after the token price has dropped, but by this time, the market's implied volatility has often risen, significantly increasing the cost of risk protection.GSR suggests that DAOs should separate operational reserves from long-term token holdings and consider using collar strategies to build downside protection, reducing the impact of market declines on the treasury and extending the project's funding usage cycle during bear markets.GSR believes that in the short term, more projects adopting hedging strategies may drive growth in trading volume in the crypto options market, but the impact on spot prices is limited; in the medium term, if the structure of DAO treasuries improves, it is expected to reduce systemic selling pressure in the market.