ChainCatcher news, ZKsync officially launches its on-chain governance system, which consists of three main bodies: the Token Holder Assembly, the Security Committee, and the Guardians.The Token Holder Assembly allows token holders and representatives to directly submit and vote on protocol upgrades on-chain.The Security Committee is composed of technical experts responsible for reviewing and approving protocol upgrades, and has the authority to freeze the protocol in emergencies.The Guardians ensure that governance proposals align with the values of the ZK creed.The governance system supports three types of proposals: ZKsync Improvement Proposals (ZIPs), Token Plan Proposals (TPPs), and Governance Advisory Proposals (GAPs).

ChainCatcher news, Synthetix core contributor Matt Losquadro stated that the upcoming new application chain SNAXchain aims to bring cross-chain liquidity and trading fee revenue for native token stakers and on-chain trading products. The application chain will initially serve as an on-chain governance platform to manage Synthetix deployments on the Ethereum mainnet and Layer 2 scaling chains, including Optimism, Arbitrum, and Base. Currently, Synthetix is actively exploring the future functionalities of SNAXchain, including SNX staking, cross-chain liquidity, and support for customized perps products, with more proposals regarding these features expected in the fourth quarter.

ChainCatcher news, according to CoinDesk, the Cardano blockchain is about to undergo its largest upgrade in two years, the "Chang hard fork," which primarily aims to introduce an on-chain governance mechanism.Holders of ADA will be able to elect representatives (dReps) and vote on improvement proposals and future technological changes.This upgrade was originally scheduled for this week, but has been postponed to September 1 due to some exchanges needing time to prepare their systems. The Chang hard fork is part of Cardano's "Voltaire era," which aims to achieve a self-sustaining blockchain governed by the community. This upgrade also includes the core improvement proposal CIP-1694, which will strengthen community control over the network through governance structures such as the constitutional committee, dReps, and staking pool operators.

ChainCatcher news, monitored by Lookonchain, reports that due to Uniswap's latest proposal, the price of UNI skyrocketed from $7.15 to a high of $12.77 (+79%).It is worth noting that a16z holds 64 million UNI ($720 million, accounting for 6.4% of the total supply), which has a decisive impact on voting, as 4% of the UNI supply voting "in favor" is enough to reach a quorum. a16z received 64 million UNI ($720 million) from the Uniswap team/investors/advisors' wallet and transferred it to 31 wallets. These wallets can sway the outcome of governance votes.

ChainCacther news, encrypted KOL Cobie replied to Bankless co-founder Ryan Sean Adams on platform X, "What is the point of your proposal to request 30% of all BANK tokens if you clearly do not participate in governance and never sell your tokens?" In response, Ryan Sean Adams stated that Cobie could not reply because he does not accept his attention.In a reply to another Bankless co-founder David Hoffman, Cobie said, "Clearly you are happy to have a DAO and you want to participate. But then you thought about the impact, or maybe the price dropped, and you want to keep your distance. If you never sell and never manage, there is no reason to want 25% of the supply."Earlier, ChainCacther reported that Bankless co-founder Ryan Sean Adams stated on platform X that Bankless DAO is an entity independent of Bankless, and neither he nor co-founder David Hoffman, nor Bankless has received any economic benefits from the DAO, has never sold BANK tokens, and has not participated in DAO governance votes. To avoid damaging Bankless's reputation, Bankless DAO has been renamed Udi DAO.

ChainCatcher message, according to the governance page, the Scroll team has posted a proposal on the MakerDAO governance forum, proposing to deploy SparkLend to the Scroll network.

ChainCatcher news, ENS DAO announced that the proposal to "provide direct funding support for ecological development teams" has been approved, with a support rate of 64.89%. In the future, it will provide an annual grant of 3.6 million USDC to the ENS ecological development teams.According to the proposal, ENS DAO will inject funds into designated service provider liquidity pools to support service providers dedicated to enhancing the ENS ecosystem.

ChainCatcher news, according to Arkham data monitoring, this morning a16z transferred 7 million UNI (approximately 28 million USD) from the "a16z: UNI Voting" address to a new address starting with 0x9D939.This is the first single token transfer by a16z exceeding 10,000 USD since July. Prior to this, the Uniswap Foundation transferred a total of approximately 40 million USD worth of UNI to Kraken, OKX, and FalconX over the past week.

ChainCatcher news, according to the Snapshot governance page, the Arbitrum community has initiated a proposal to "distribute a total of 500,000 ARB tokens equally among 25 early community contributors," which is valued at approximately $450,000 at the time of publication, to recognize and reward the outstanding contributions of community members with the "Arbiter (Community)" tag in the Arbitrum official Discord.Additionally, the proposal states that these contributors have played a key role in the development of Arbitrum, including translation, promotion, event organization, community guidance, security assurance, and collaboration with other communities.

ChainCatcher news, according to the Snapshot page, the ApeCoin DAO community has recently voted to approve the proposal AIP-297 initiated by Yat Siu, co-founder of Animoca Brands. This proposal suggests the creation of a "Sister DAO" responsible for managing a community-controlled NFT treasury within the ApeCoin DAO ecosystem, which will promote cross-community collaboration and demonstrate support for various NFT communities.The proposal suggests that ApeCoin DAO allocate 750,000 APE to the treasury as an initial budget for purchasing NFTs such as BAYC, MAYC, BAKC, Mocaverse Mocas, Cool Cats, World of Women, Pudgy Penguins, and Otherdeeds Koda.

ChainCatcher message, the dYdX community has today voted to approve the DIP 27 proposal, upgrading the GovernanceStrategy smart contract to GovernanceStrategyV2, providing wethDYDX with the same utility and functionality as ethDYDX.The proposal aims to approve the inclusion of wethDYDX into the governance system of dYdX v3 after the snapshot vote. Specifically, it updates the governance contract of dYdX v3 by replacing the GovernanceStrategy smart contract with the GovernanceStrategyV2 smart contract, allowing wethDYDX to be used for voting and proposal rights purposes, similar to ethDYDX in dYdX v3.

ChainCatcher news, the South Korean public chain project Klaytn announced the launch of its on-chain governance platform Klaytn Square. By introducing on-chain governance through Klaytn Square, the Klaytn community will be able to see all discussions and decisions made by the Klaytn Governance Council. The governance activities of each council member, including their participation in voting and decision-making, will be recorded on the Klaytn mainnet, along with the results of every decision made by the entire council.Under the new governance system, the voting power of each GC member will be proportional to the KLAY stake on their node. For every 5 million KLAY staked, a GC member will receive one voting right, but the limitation is that no single GC member can hold more than 50% of the voting power, regardless of their stake. (Source link)

ChainCatcher news, according to Twitter user Yu Jin's monitoring, Clairvoyant Labs today withdrew 1.86 million BLUR (approximately 880,000 USD) from OKX. Subsequently, Clairvoyant Labs initiated a proposal on Snapshot, suggesting that the community decide which NFT projects can be included in Blend (Blur's NFT lending protocol).It is reported that Clairvoyant Labs withdrew 1.7 million BLUR from OKX on April 22, when the unit price was 0.59 USD, and transferred all to OKX on May 2 (when the unit price was 0.62 USD). (Source link)

ChainCatcher news, the Arbitrum community has initiated a temperature check vote for AIP 1.05 proposal, which suggests that the Arbitrum Foundation return 700 million ARB to the DAO treasury. The voting will end on April 15, and there are currently 16 million votes in support (approximately 88.12%).Previously, ChainCatcher reported that the Arbitrum Foundation has submitted two new proposals aimed at limiting its own power and expanding the budget oversight and governance power of ARB token holders. (Source link)

ChainCatcher message, Conflux has initiated a proposal in the Uniswap community to deploy Uniswap V3 on the Conflux Network, aiming to bring Web2 users into DeFi, increase penetration in the Asian market, and enter the rapidly expanding Conflux ecosystem. The proposal suggests that the collaboration between Conflux and Xiaohongshu, China Telecom has led to a significant influx of Web2 users, and Uniswap can increase liquidity by deploying on Conflux, providing users with new trading opportunities.The Conflux Foundation hopes to offer the community and projects building Uniswap V3 on Conflux the following two additional incentives: The Conflux Foundation will establish a liquidity fund pool totaling $2 million for the CFX-USDT, CFX-BTC, and CFX-ETH trading pairs. This pool will be locked for two years, but if the ecosystem requires, the Conflux Foundation can extend the lock-up period.Additionally, Conflux will provide $1 million in liquidity rewards to guide early liquidity on the network and proposes to allocate $1 million over two years, distributed quarterly to protocols built on Uniswap V3 and deployed on Conflux. (source link)

ChainCatcher message, the ApeCoin community has initiated the AIP-222 proposal, which suggests launching a Web3 streaming platform supported by ApeCoin, allowing content creators to distribute through their own networks, reach the community directly, gain a larger share of advertising revenue, retain their intellectual property, and share a certain percentage of advertising income with the community.The platform leverages advertisers (AVOD) and FAST channels, and creates a new three-party revenue sharing option to empower independent creators globally and bring new consumers into the returns of the APE ecosystem. (Source link)

ChainCatcher message, Optimism has launched a new governance portal, Optimism Agora, to transition to fully on-chain voting and serve as a representative registry. From now on, all Token House votes will be conducted on-chain through the governance portal, with a test vote currently implemented, ending on February 16, before the Bedrock protocol upgrade. (Source link)

ChainCatcher message, regarding "a16z voting against deploying Uniswap V3 on BNB Chain," Binance CEO Zhao Changpeng tweeted, "Is Uniswap controlled by a16z?"In addition, Zhao Changpeng also stated that voting by the people is completely different from voting by money, and on-chain voting means that whales may control the blockchain, just like shareholders. Binance has already discussed this issue in meetings. (Source link)

ChainCatcher news, according to the official Twitter, the PlatON privacy computing network PIP-10 proposal has opened on-chain governance upgrade voting on October 25. This governance proposal will last for about 15 days, proposing to upgrade the PlatON privacy computing network to version 1.3.0.The version update includes: 1. The tokens for un-delegation will be locked for 56 settlement periods; 2. The proposal for changing the PlatON chain ID PIP-7 supports the implementation of the third phase of the dual ChainID proposal (EVM returns the new ChainID). (source link)