ChainCatcher news, the ZKsync community ZK Nation stated that the ZKsync Ignite Program TPP 001 proposal "Distributing 325 million ZK tokens within 9 months" has been submitted on-chain after feedback from representatives and multiple iterations, with voting set to begin around 01:00 on November 6.The proposal suggests distributing 325 million ZK tokens over 9 months, with 300 million allocated to users through six minters (with a cap of 50 million each), and an additional 25 million tokens managed by four minters to cover management and unforeseen costs. This proposal aims to establish a DeFi liquidity hub on ZKsync Era and enhance the liquidity of all interoperable ZK chains (Elastic Chain).

According to ChainCatcher's message, the Snapshot information shows that ApeCoin DAO has initiated proposal AIP-448 to establish an Ape-themed hotel in a prime location in downtown Bangkok, Thailand. The aim is to enhance the exposure, recognition, and utility of ApeCoin's BAYC IP, as well as to generate actual revenue for ApeCoin DAO.It is reported that after the themed rooms are completed, ApeCoin DAO will receive 50% of the room revenue within a year. ApeCoin DAO will also earn revenue from all themed rooms (including APE, BAYC, Otherside, Apechain, Mocaverse), and the funds will be returned to the DAO treasury on a quarterly basis. The hotel will be responsible for local compliance and settlement of the funds. The related voting is scheduled to end on August 1, with the current approval rate at 92.14%.

ChainCatcher news, according to the Snapshot governance page, Aave Labs has initiated a temperature check proposal for "Aave Events and Sponsorship Funding 2024," requesting a grant of 650,000 GHO for activities for the remainder of 2024, with EthCC Brussels accounting for 45% and Devcon Bangkok accounting for 55%.

ChainCatcher news, according to the Snapshot governance page, the Lido community has initiated a proposal vote titled "Designated Entity Response to Pending Class Action Against Lido DAO."The proposal states that a private plaintiff has filed a class action lawsuit numbered 3:23-cv-06492 in the United States District Court for the Northern District of California, naming "LIDO DAO, a general partnership" as the defendant. The complaint alleges that Lido DAO operates as a "general partnership conducting Ethereum staking business," and that the LDO token or LDO token transactions are alleged to be securities or securities transactions, with Lido DAO accused of violating securities laws by offering or selling these securities to the public.On June 27, the court ruled that the plaintiff's delivery of legal documents to Lido DAO through various publicly released means was lawful, and ordered Lido DAO to respond within 14 days, or face a default judgment on the claims made by the plaintiff.Therefore, this proposal, while not acknowledging and explicitly disagreeing that Lido DAO is a partnership, association, or other legally recognizable group or entity, proposes to appoint and fund a Delaware limited liability company, Dolphin CL, LLC ("Dolphin"), to hire legal counsel (currently expected to be Brown Rudnick, led by partner Stephen Palley). The requested funding amount is 200,000 DAI, which is expected to be sufficient to cover the service fees of Dolphin and its legal counsel to draft, submit, and argue in support of a motion to dismiss the claims involving Lido DAO.The proposal will close for voting on July 10, with a current approval rate of 100%.

ChainCatcher message, ACI (Aave Chan Initiative) has initiated an ARFC proposal vote in the Aave community to "introduce ETHx in the Aave V3 Arbitrum market and set ACI as the emission manager to receive rewards," proposing to add the liquid staking token ETHx from Stader to Aave V3 Arbitrum and allowing ACI to become the emission manager, collaborating with Stader to manage ARB allocation rewards, similar to the current SD incentive program on the mainnet.

ChainCatcher news, the multi-chain yield protocol Magpie has initiated a community proposal to launch a new SubDAO for Bitcoin staking called Babypie.It is reported that Babypie will focus on utilizing Bitcoin for Proof of Stake (PoS) staking through the Babylon chain. Magpie will receive 20% of the Babypie tokens BBP, which will be released over two years and locked in the Magpie treasury. The proposal voting will close on June 28 at 10:00 AM, with current supporters at 99.75%.

ChainCatcher message, the Aave community proposal states that it is recommended to gradually increase the reserve factor (RF) for bridging USDC (USDC.e and USDbC) in the Aave deployments on Arbitrum, Optimism, Polygon, and Base.

ChainCatcher message, the Aave community proposal states that it is recommended to adjust the risk parameters of five Aave V3 assets (GNO, OP, ARB, stMATIC, MaticX), including loan-to-value ratio and liquidation threshold.

ChainCatcher news, the decentralized trading protocol DODO announced on social media that the LTIP grant proposal of "350,000 ARB for DODO" has been approved by the Arbitrum community. This proposal will help improve liquidity by establishing DODO as the built-in DEX on DODOchain.

According to ChainCatcher news, the Snapshot governance page shows that Aave has initiated a community proposal to "deprecate small-cap stablecoins in v2 version on Ethereum," proposing to deprecate USDP, GUSD, LUSD, FRAX, and sUSD. This includes increasing the annual interest rate for borrowers to encourage them to repay loans and suggesting measures such as freezing to prevent new supply and lending.

ChainCatcher news, the Centrifuge community has released a proposal titled "Deploying Centrifuge RWA Lending Market on Base." The proposal states that the reason for choosing Base is that Coinbase has proven it can provide access control to the market.In previous news, the on-chain finance platform Centrifuge announced the successful completion of a $15 million Series A funding round, led by ParaFi Capital and Greenfield, with participation from IOSG Ventures, Circle Ventures, Arrington Capital, The Spartan Group, Wintermute Ventures, and others. The new funds will primarily be used for product development, building on-chain utility, ecosystem growth, and talent recruitment.

ChainCatcher message, Frax Finance has initiated a community proposal to allocate 75% of the protocol fees to veFXS holders. The proposal states that the collateral ratio (CR) of FRAX is 98.8%, which is close to 100%, and the overall market sentiment is in the bullish zone. Therefore, it is suggested to resume the allocation of fees to veFXS holders. Before the protocol fully acquires external collateral, the fees should be distributed between veFXS holders and the protocol treasury at a ratio of 75/25.

ChainCatcher news, according to the Snapshot page, the Arbitrum community has initiated a proposal vote for the "Long-term Incentive Pilot Program." This proposal aims to test a new long-term incentive design to shape Arbitrum's future long-term incentive program.The pilot program will distribute 25 to 45 million ARB tokens to protocols built on Arbitrum, with the specific amount to be determined by the DAO through Snapshot voting and approved via Tally voting. The program will distribute ARB tokens to Arbitrum ecosystem protocols over a period of 12 weeks.

ChainCatcher news, the Cosmos Hub community has initiated a community proposal to "reduce the minimum inflation parameter to 0%", aiming to lower the minimum inflation parameter from 7% to 0%. If this proposal passes, the inflation rate will approach 0% after reaching the target of 67% ATOM staking rate.

According to ChainCatcher news and related page information, the PancakeSwap community has voted to approve the proposal to "reduce the maximum supply of CAKE from the current 750 million to 450 million."Previously, PancakeSwap initiated a proposal to reduce the maximum supply of CAKE tokens from 750 million to 450 million to better align with the current circulating supply.

ChainCatcher news, PancakeSwap has initiated a proposal to reduce the maximum supply of CAKE tokens from 750 million to 450 million to better align with the current circulating supply.The voting proposal will take place within 24 hours, with a deadline of December 29 at 16:00. If approved, it will take effect on January 4, 2024.

ChainCatcher message, the multi-chain lending protocol Radiant Capital has initiated a community proposal vote to use native USDC as collateral, which will last until December 24, 2023, at 20:00 Eastern Time.

ChainCatcher message, anonymous developer "KP" previously discovered a vulnerability in Compound and reported it, while also providing a code repository that includes an attack proof-of-concept simulation. After the vulnerability was fixed, "KP" submitted a request to the Compound DAO for a reward of $125,000. The Compound DAO initiated proposal 202 to provide a bug bounty for the recently fixed protocol vulnerability, but the proposal did not reach the quorum and failed to pass.The Compound DAO subsequently reduced the bounty payment amount to $100,000 in COMP and initiated a new proposal 203, which has now reached quorum and passed with approximately 93% support.

ChainCatcher news, the Cosmos Hub community has voted to pass the proposal "ATOM Reduction: Set Maximum Inflation Rate to 10%" with a support rate of 41.1% and an opposition rate of 31.9%. The maximum inflation parameter for ATOM will be reduced from 20% to 10%, lowering the current inflation rate of ATOM to 10% and decreasing the Stake annual interest rate from 19% to 13.4%.