governance

Mantle Network officially announced that the proposal for the rsETH relief coordination loan facility initiated to Aave has officially entered the governance voting stage.According to the proposal, Mantle will provide a loan to Aave's relief action to help users orderly exit or resolve related positions. Users holding MNT tokens must first complete delegation on the Snapshot platform to participate in the voting.Aave founder Stani stated that DeFi United is the largest DAO coordination he has participated in, with at least 6 different DAOs proposing governance plans (Arbitrum, Aave, EtherFi, Lido, Compound, and Mantle). He thanked everyone who helped and participated.Currently, the DeFi United ecological relief action led by Aave is ongoing to address the collateral asset gap caused by the rsETH incident on April 18. The designated donation address has raised a total of 1,137,714.633 ETH, worth $314.57 million.

The RWA tokenization protocol KAIO officially announces the launch of its governance token KAIO, with a fixed total supply of 10 billion tokens, and simultaneously establishes the KAIO Foundation, responsible for ecological governance, treasury management, and protocol development.KAIO is incubated by Nomura Group's digital asset division Laser Digital and has received strategic investments from institutions such as Tether (the world's largest stablecoin issuer), BH Digital Assets, and Further. The platform currently has 5 institutional-grade funds launched, with a TVL of approximately 100 million USD, spanning over 10 blockchains. The supported asset managers include BlackRock, Brevan Howard, Hamilton Lane, and Laser Digital, with a collaboration with Mubadala Capital set to be announced soon.In terms of token distribution, the community and liquidity incentives account for the highest proportion at 37.5%; the foundation holds 17%; the team, investors, and Pre-TGE sales collectively account for 45.5%, with a lock-up ratio of zero on the day of TGE. Unlocking has a cliff period of 6 to 12 months, followed by monthly linear releases, with a maximum period of up to 60 months.The core uses of the token include: access to protocol products, participation in staking to earn rewards, and governance voting rights on key protocol decisions and treasury allocations. The protocol will generate revenue by charging basis points on tokenized assets, but token holders do not have statutory rights to fee distribution. The KASH product aimed at retail users is planned to launch in the second quarter of 2026, aiming to provide ordinary users with exposure to RWA returns.

Ondo Finance announced on platform X that it has reached a partnership with Broadridge, which provides communication services for issuers to retail and institutional investors. This collaboration will enable holders of over 250 tokenized stocks and ETFs under Ondo to access investor information and participate in proxy voting.Investors in tokenized stocks will be able to enjoy all the advantages of on-chain trading while also participating in the governance of the underlying securities of the world's largest stocks and ETFs.

Sky proposes a comprehensive reform of the treasury revenue distribution mechanism. Founder Rune Christensen stated that with Genesis Capital's transition to Grove, Sky has officially ended the genesis capitalization phase, and the previous irregular capital deployment determined by governance has come to an end.The proposal simplifies the treasury management function (TMF) from a five-step conditional waterfall structure to a four-step fixed allocation framework, covering security and maintenance, overall backup capital, smart burn engine, and USDS staking rewards, while eliminating multiple legacy mechanisms. This move comes as Sky is rapidly expanding, with the supply of USDS rising to approximately $11.6 billion, making it the third-largest stablecoin. Previously, the Sky community authorized the deployment of up to $2.5 billion through the stablecoin incubator Obex, and launched the native USDS on Avalanche in April.

Gate announced the launch of the GateRouter enterprise account feature, enhancing enterprise-level management capabilities based on the existing AI model gateway, providing an integrated AI usage and governance solution for team and institutional users. GateRouter supports quick access to over 30 mainstream models such as GPT, Claude, DeepSeek, and Gemini through a single API, and automatically matches models based on task complexity. By intelligently routing and automatically selecting cost-effective models, GateRouter can help enterprises significantly reduce costs and achieve more efficient scalable applications.The launch of the GateRouter enterprise account feature optimizes three aspects: cost, permissions, and data. It achieves unified billing through a shared quota pool and controls budgets with a three-tier quota mechanism based on organization, members, and API Key; it supports up to 4 levels of organizational structure and a multi-role permission system for refined management; it also provides multi-dimensional statistics such as per capita usage, model distribution, and API Key, making AI usage traceable and analyzable. The overall design connects model invocation with organizational management, providing foundational support for the scalable implementation of AI within enterprises.

According to official news, after discussions with multiple stakeholders, Aave service providers, ether.fi, KelpDAO, and other projects have submitted a governance proposal to the Arbitrum DAO, requesting the release of ETH that was frozen by the Arbitrum security committee after the rsETH incident on April 18.The announcement stated that if these ETH are released, the funds will be directed to DeFi United. Aave firmly believes that this contribution will significantly advance the path to a solution.

According to CoinDesk, while quantum computers cannot disrupt the Bitcoin mining mechanism or the blockchain ledger, they may potentially crack the elliptic curve encryption system that protects wallet ownership through Shor's algorithm. Currently, about 6.9 million BTC (approximately one-third of the total supply) face potential risks due to public keys being visible on-chain, including around 1 million early holdings by Satoshi Nakamoto; transactions generated after the Taproot upgrade in 2021 are also affected due to public key exposure.Ethereum has established a formal quantum resistance migration plan since 2018, with 4 full-time teams and over 10 independent development groups, and has launched a dedicated progress website at pq.ethereum.org. In contrast, Bitcoin currently lacks a unified response roadmap, and the existing BIP-360 proposal and BitMEX Research detection scheme have not received widespread support from core developers. Notable Bitcoin advocate Nic Carter pointed out that Bitcoin's response is "the worst," while Blockstream CEO Adam Back believes that current quantum systems are still in the laboratory stage, but he also agrees that optional upgrade solutions should be deployed in advance.Analysts point out that Bitcoin's anti-centralization governance culture makes coordinating large-scale security upgrades extremely difficult, and how to handle historical legacy issues such as Satoshi Nakamoto's holdings is particularly challenging. A related paper from Google warns that once quantum attacks become a reality, the window for response may have already closed.

Aave Labs announced the launch of the AI-driven governance security system Aave Checkpoint, which adds a structured multi-layer review process for each proposal and load before execution.It is reported that the workflow of Checkpoint is divided into two phases: the automatic AI analysis phase, where the system automatically retrieves on-chain data, proposal source code, and IPFS text when a new proposal is submitted, cross-references the parameters with governance specifications, uses Seatbelt to simulate output and check the proposal execution path, runs over 60 specialized security analysis agents for vulnerability detection, DeFi-specific risk analysis, agent upgrade security checks, etc., and generates a structured audit report with pass/fail conclusions; and the mandatory manual review phase, where each AI-generated report must be independently signed off by at least two people before it can be considered reviewed. Checkpoint covers Aave V3, V4, GHO, and Aptos-v3 protocols, including 5 custom Aave governance skills and 52 external security skills.

The WLFI project team has set a long-term vesting plan for 6.228 billion locked tokens through a new governance proposal.Among them, the founding team will permanently destroy up to 4.52 billion tokens, and the remaining 90% of the tokens will be locked for a period of 2 to 5 years. At the same time, the shares of early investors will be fully retained, further clarifying the governance path of WLFI.As a result of this news, as of the time of publication, the market price of WLFI has increased by 7%, currently reported at $0.084.

According to official news, Scroll announced an important proposal regarding protocol and governance operations. The team proposed to dissolve the Security Council and transfer protocol management authority to the Scroll Admin multi-signature address, with the transition expected to be completed within the next ten days.Scroll stated that the costs of the Security Council are no longer reasonable compared to actual usage over the past few quarters, and resources should be better allocated to product development and growth. Scroll will work with key stakeholders to find a new Security Council structure that is more suited to current market conditions.

Circle founder and CEO Jeremy Allaire spoke at an offline event in Seoul, South Korea, stating: "We are exploring the issuance of a token for the Arc Network (the stablecoin payment public chain being developed by Circle) to achieve governance, incentives, and economic alignment, and to gradually transition it to a PoS system. We hope to announce more details in the near future."

The Bitcoin protocol Layer2 settlement network officially launched on April 6, achieving optimization and upgrades in on-chain data statistics and computing capabilities.In terms of technology, Layer2 supports deep cumulative calculations on-chain, which can more accurately reflect the on-chain team size and business data, improving processing efficiency in complex scenarios.In terms of governance, the protocol has transferred core permissions to a multi-signature contract, while adopting a dual-track governance model where developers and core community members each hold 50%, with an execution threshold of 65%, further enhancing decentralization.This upgrade completes the transition of the protocol to community autonomy, providing technical and governance references for the DeFi sector.

According to a report by Cointelegraph, a staff paper from the European Central Bank points out that the governance tokens of DeFi protocols are highly centralized, with about half or more of the holdings of governance tokens for Aave, MakerDAO, Ampleforth, and Uniswap related to the protocol itself or exchanges.The main voting participants are mostly delegated representatives, and in many cases, these representatives cannot be identified or associated with the token holders. The study questions whether DeFi DAOs have sufficient decentralization to be excluded from the MiCA regulatory framework and provides a reference for policymakers to include relevant entities in regulation.

According to The Block, the DeFi lending protocol Moonwell is facing a governance attack on its deployment on Moonriver. An unknown attacker spent approximately $1,800 to purchase about 40 million MFAM tokens, completing the purchase, initiating a proposal, and voting for approval within about 11 minutes. The attacker attempted to transfer the administrator rights of core contracts such as seven lending markets, controllers, and oracles to their controlling contract, which would allow them to withdraw approximately $1.08 million in user funds.Currently, the voting on the proposal will continue until March 27. It has already reached the quorum early on, but the opposing votes are currently in the majority. However, the final result still depends on the remaining votes and collaboration. Moonwell can also veto the proposal and regain control through the emergency multi-signature "Break Glass Guardian."

YZi Labs accuses CEA Industries of systemic governance failures, condemning its payment of nearly $1.98 million in severance compensation to the departing CEO.YZi Labs issued a statement in response to CEA Industries (NASDAQ: BNC) filing its 10-Q and 8-K forms on March 16, 2026. The statement pointed out that BNC's SEC filings disclosed significant deficiencies in internal controls over financial reporting, as the previous CEO also held the position of Chief Financial and Accounting Officer, and the company lacked adequate verification controls in key areas such as revenue, taxes, and equity compensation.YZi Labs estimates that the total value of the transition agreement for departing CEO David Namdar is approximately $1.98 million, including $375,000 in retroactive consulting fees, about $276,000 in future monthly consulting fees, approximately $434,300 in cash payments in lieu of an unapproved equity plan, and a $900,000 one-time payment tied to restrictive clauses. YZi Labs believes that the restrictive clauses included in the agreement prohibit Namdar from assisting shareholders in making any claims or taking actions that influence management, essentially serving as a tool for control struggle.The statement also noted that BNC paid $2 million in fees this quarter to an asset management entity controlled by sitting director Hans Thomas, totaling $3.8 million since June 7, 2025. Additionally, there is an issue in the 10-Q form regarding the inability to reconcile the exercise data for 17,648 stock warrants.YZi Labs investment partner Alex Odagiu stated that the board transferred millions of dollars to related parties without holding an annual shareholder meeting or obtaining shareholder approval. YZi Labs demands that the board publicly explain the rationale for the severance compensation, release a plan to rectify the significant deficiencies, and disclose the full scope of the restrictive clauses in the transition agreement.

DAO infrastructure provider Tally announced its closure after six years of operation. Its CEO, Dennison Bertram, stated that the strict regulatory environment under U.S. SEC Chairman Gary Gensler during the Biden administration had previously pushed projects to adopt decentralized governance through DAOs to reduce legal risks. However, the current regulatory environment has become more lenient, making DAO governance no longer a necessary option, thus weakening the demand for governance tools.