ReserveBlock Foundation (RBX Network), the first Open-Source, Decentralized, and Autonomous NFT Centric Blockchain for Everyone, is releasing the network Masternode information with a presale that will begin on February 22nd at 12pm EST. Both the Masternode information & install documentation will be available via the networks site (reserveblock.io) and Discord community … [Read more...] about ReserveBlock Foundation Announces the RBX Network Masternode Release & Presale for Governance, Consensus, and Block Rewards in conjunction with the Networks Public Testnet.
Governance
First cross-chain governance proposal passes on Aave
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to the Polygon (MATIC) FxPortal. … [Read more...] about First cross-chain governance proposal passes on Aave
Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
On Thursday, Sky Mavis, the creator of the monster-battle game, Axie Infinity, released its much-anticipated RON governance token. The token is based on its Ethereum (ETH) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.According to its developers, Ronin has over 250,000 unique daily active … [Read more...] about Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
What Is a Governance Token?
Governance tokens, therefore, get some of their value from the fact they confer certain powers to their holders. That may contribute to their sizable valuations: Luna ended 2021 trading at more than $80. In this way, they differ from conventional cryptocurrencies like bitcoin, which functions more like traditional money as a store of value and medium of exchange. Source link … [Read more...] about What Is a Governance Token?
Pay-to-Play Governance Builds Steam as Bribe Raises $4M
“Conceptually, this is exactly how governance should look here,” they said. “Let’s not have any pretensions of true democracy here – we’re working with governance tokens as votes. The world we have to [get to] before utilities can stop being built, there needs to be a clear, transparent price tag for a vote, and a place where I can pay for it.” Source link … [Read more...] about Pay-to-Play Governance Builds Steam as Bribe Raises $4M