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Zcash holders and community representatives will vote from November 16 to 30 on a proposal to remove 50,000 ZEC from the community grant fund (ZCG). This proposal was co-drafted by Zcash co-founders Sean Bowe, Zooko Wilcox, and Jason McGee, and was merged into the specification repository on Wednesday. According to the October treasury snapshot referenced in the proposal, ZCG holds 91,453 ZEC, and the amount proposed for removal accounts for approximately 55% of its holdings.If the proposal passes and is activated in the network upgrade, ZCG must remove the 50,000 ZEC from circulation within 30 days, and its corresponding value will be included in the Network Sustainability Mechanism, gradually returned through future block rewards. Additionally, the proposal plans to stop allocating 8% of newly issued ZEC to ZCG, transferring this portion of funds into a new Future Dev and Legal Defense Fund, which will continue to accumulate until the next Zcash halving. Funds in this new fund will temporarily be unavailable for expenditure until separate withdrawal rules are approved.ZCG can still use the remaining treasury funds to continue issuing development grants, and the independent 12% holder-controlled fund will not be affected. The proposal states that based on the October treasury snapshot, a ZEC price of $1,300, and expenditure estimates for the first half of 2026, the current funds of ZCG can cover approximately 13 years of expenditures; after the removal of 50,000 ZEC, the remaining funds are expected to cover about 6 years. Previously, ZCG proposed to redirect approximately 98,000 ZEC from existing assets and future income to miner rewards, but abandoned this plan on November 3 after facing community criticism. This new proposal still requires community support and must be implemented through a network upgrade. The activation block height has not yet been determined, nor has a reference implementation been provided.

According to CoinDesk, Ripple's XRP Ledger lending system designed for banks and payment companies has gained support from 3 additional validators since mid-October, bringing the total votes to 22, still 7 votes short of the 29 required to launch. Both the system and its accompanying SingleAssetVault amendment need to obtain 29 votes each within two consecutive weeks to activate.As of Wednesday's data, "LendingProtocol" and its first patch each have 22 votes in support, while the "SingleAssetVault" for creating a funding pool has 23 votes. The design requires depositors to deposit XRP or other tokens into the vault, which loan brokers lend out for a fixed term, with borrowers not needing to provide collateral; the system relies on off-chain underwriting and risk management. Additionally, developers are still advancing related work before the voting, with a code merge request planned for November 4 to add a third lending amendment.

The on-chain trading platform GMX tweeted that the proposal for the second phase of the $10 million GMX token market-making fund, titled "GMX Market-Making Fund Phase Two: Emergency Reserve," has been launched on the governance platform Tally, calling on token holders to vote or delegate their voting rights to active representatives. According to the proposal, the WETH, WBTC, Wrapped SOL, LINK, USDC, GMX, ARB, AAVE, UNI, and PEPE held by the DAO treasury will be transferred in their original tokens to the GMX POL multi-signature on Arbitrum One (4/7), with the asset market value fluctuating with market conditions and not fixed at $7 million.Voting will start on November 6 at 15:14 and end on November 11 at 15:14. This transfer does not increase the total fund amount of $10 million, nor does it represent an immediate use of funds; this reserve will only be utilized in the event of severe market downturns affecting GMX liquidity, allowing for timely responses without the need to initiate another DAO vote. The first phase has provided 3 million USDC, and GM Labs' assessment indicates that the deployed funds are improving GMX's liquidity and market activity. GMX released the governance proposal on September 16, proposing to allocate $10 million from the treasury to establish the GMX token market-making fund.

Multiple mainstream media outlets in the United States have predicted that the Democratic Party will achieve a landslide victory in the midterm elections held on the 3rd, regaining control of both the Senate and the House of Representatives. Elon Musk, who previously spent hundreds of millions of dollars supporting Republican candidates, quietly deleted a post soliciting votes after the election concluded.According to a report by the Washington Post on November 4, on election day, Musk posted on the social platform X, urging voters to "vote red today!" As of local time November 4, this post has disappeared from Musk's account.The Global Times reported that Musk's financial investment in this midterm election reached $474 million, setting a historical record for political spending by a non-candidate donor in a single election cycle. He not only used the X platform to rally votes for the Republican Party but also publicly attacked Democratic candidates multiple times, yet the election results did not go as Musk had hoped.

According to Politico, two-thirds of Democratic voters want the House of Representatives to block President Trump's agenda rather than compromise with him. After the Democrats achieved significant electoral victories, Trump expressed his willingness to cooperate with the Democrats in the next congressional term, but Democratic leaders have signaled that they will not easily overlook the actions of the Trump administration over the past year.Politico's poll shows that Democratic midterm voters hold a similar attitude, with 65% believing that the House should prioritize opposing Trump's agenda, even if it means sacrificing opportunities to push legislation. Starting in January, the Democrats will face pressure to implement policies, but they must strike a balance between addressing the cost of living issues and advancing a tough oversight agenda.

The voting for the SIP-6 proposal on the Sei network has reached the quorum requirement. This proposal involves an upgrade to the consensus mechanism named Autobahn. According to the proposal design, validators will be able to propose transactions simultaneously, rather than submitting proposals one by one.Approval of the vote does not mean that the functionality will be immediately online. According to the proposal content, Sei must first complete the operational verification of the public testnet and pass a security audit before activating Autobahn. Both of these prerequisites must be completed prior to the official launch. The actual deployment depends on the performance of the testnet and the audit results.

The French National Assembly has once again postponed the vote on the revenue portion of the 2027 national budget, marking the second delay of this vote. According to the notice of the end of the parliamentary session, Tuesday's agenda includes questioning the government and continuing the debate on the revenue portion of the budget, with 758 amendments still pending review. The vote originally scheduled for October 20 was postponed due to over 2,000 amendments awaiting debate. The Assembly must complete the first reading by midnight on November 17; if the revenue portion is rejected, the government's original budget proposal will be submitted directly to the Senate without the amendments approved by the members.Regarding cryptocurrency taxation, lawmakers rejected two proposals last Friday. The first proposal aimed to include cryptocurrency assets in France's current exit tax system, with a voting result of 27 votes in favor, 55 votes against, and 1 abstention. The second proposal sought to tax unrealized gains on household cryptocurrency assets valued over 800,000 euros (approximately 897,000 USD), applicable to taxpayers who have been French tax residents for at least 6 of the past 10 years, with a voting result of 31 votes in favor and 60 votes against.Other cryptocurrency-related proposals are still pending debate, including a requirement for taxpayers to report self-custodied cryptocurrency assets with a total value of at least 100,000 euros (approximately 112,000 USD) to the tax authorities based on year-end value; and an exemption from related capital gains tax if the total amount of cryptocurrency payments used for goods and services during the tax year does not exceed 1,000 euros (approximately 1,120 USD). The Assembly passed a proposal on October 16 to tax gains when cryptocurrency assets are exchanged for fiat currency-backed stablecoins, but this measure has not yet become law.

Federal Reserve Chairman Waller stated at a press conference that the FOMC will still hold 8 meetings in 2027, including 1 specifically to discuss monetary policy strategy. It is expected that there will be no vote on the federal funds rate and no policy statement will be released, while the remaining 7 will be regular policy decision meetings.Related adjustments will begin in the fall of next year. He anticipates that there will be 2 strategic discussion meetings and 6 policy decision meetings in 2028.

The Federal Reserve's October meeting passed the interest rate decision with a vote of 10-2, with Hamak and Cook casting dissenting votes.

According to Bitcoin.com News, shareholders of the Bitcoin holding company Strategy will vote on October 28 to decide whether to adjust the terms of STRC, STRF, STRK, and STRD, allowing for the daily setting of dividend record dates. The proposal requires majority support from all issued common stock voting rights, with abstentions and broker non-votes counted as opposition; preferred shareholders do not have voting rights.Michael Saylor currently holds 32.9% of the total voting rights, and the proposal needs approximately 17 percentage points of support from other shareholders. If approved, STRC holders can receive daily dividends from November 1 to 30, totaling $1 per share, with an annualized rate of 12%; if not approved, daily dividends will not be implemented.Strategy will announce its third-quarter performance on October 29. As of October 25, the company holds 848,517 bitcoins and $5.1 billion in assets.

The decentralized trading protocol of PancakeSwap, The Flip proposal, has entered the governance voting phase, accompanied by CAKE supply conditions. This proposal aims to allocate 88% of the trading fees from v3 and Infinity pools to liquidity providers, with the remaining 12% going to the protocol treasury, while the fee structure for v2 remains unchanged.In terms of token issuance, the proposal plans to reduce the daily CAKE issuance from 22,500 tokens to 7,000 tokens, a decrease of about 69%, equivalent to approximately 5.66 million newly minted tokens per year. The remaining 7,000 tokens per day will be allocated to an ecological growth fund named Pantry, which will be flexibly used by The Kitchen team for marketing, partnerships, and initial liquidity for new pools.If the vote passes, implementation will begin within two weeks after approval, lasting from November 2026 to the end of January 2027, completing in about three months and being announced chain by chain. This proposal is built upon the Tokenomics 3 framework passed in April 2025, aiming to reduce the supply by approximately 20% by 2030. PancakeSwap states that the supply has decreased by 11.5% over the past 18 months.

The XRP Ledger vulnerability fix package named fixCleanup3_4_0 is expected to officially take effect around 09:34 UTC on October 23. This fix package has received votes from 29 validators, surpassing the threshold of over 80% approval among the network's default 35 validators, and must be maintained continuously for two weeks. The countdown has been ongoing for nine days. Since there is no margin in the vote count, if any validator withdraws support, the countdown will restart.This fix package partially addresses the unsecured lending system that Ripple has been promoting to banks and payment companies since June, but this system has not yet been activated. Currently, the lending amendment has only 19 votes, and the vault amendment for holding funds has 21 votes, neither of which has started the countdown. Therefore, even if both reach 29 votes today, the lending function will not be available until early November at the earliest.As designed, lenders will deposit XRP or other tokens into the vault, and loan brokers will then lend out the funds for a fixed term. The ledger is responsible for recording the loans and tracking repayments, while brokers assess the borrower's qualifications off-chain. Since borrowers do not need to provide collateral, the broker's judgment becomes the only guarantee for lenders against default losses. Ripple has promoted this scheme to payment companies that need liquidity during cross-border settlement. Additionally, the fix package also closes a vulnerability that allowed accounts authorized to destroy tokens to create new tokens under specific conditions and adjusts the rounding of vault amounts as well as the rules for determining loan overdue and default.

According to The Defiant, the French National Assembly passed an amendment during the review of the 2027 budget proposal with 38 votes in favor and 37 votes against, aiming to eliminate the tax deferral treatment enjoyed when converting certain crypto assets into a single fiat-pegged stablecoin starting from January 1, 2027.A total of 100 members participated in the voting, with 75 votes counted as valid.

The governance voting results of the Ethereum liquid staking protocol Rocket Pool show that voters support rETH withdrawals and have decided to retain the 4 ETH bond setup while choosing to adopt a random megapool exit mechanism.Voters also postponed proposals related to on-chain governance expansion. The complete Saturn 2 upgrade plan still requires formal approval before it can take effect.

The decentralized lending protocol Compound is currently conducting a governance vote on Proposal 612. This proposal aims to extend the delay time for treasury operations from 2 days to 10 days and grants the governance mechanism the power to cancel treasury operations.According to The Defiant, a wallet associated with Humpy has cast 1.75 million COMP tokens in support of this proposal.

According to the Snapshot page, the proposal for the World Liberty Financial (WLFI) community to "Launch the WLFI Governance Participation Incentive Program" has concluded voting. Approximately 82.13% voted in favor, about 9.17% voted against, and around 8.70% abstained.A total of 2,306 addresses participated in the voting, with a total voting volume of approximately 2.114 billion WLFI, exceeding the statutory threshold of 1 billion. Holders of unlocked WLFI will lock their tokens for at least 180 days and participate directly in governance voting at least once every 90 days to receive dynamically calculated rewards; delegated votes do not count towards participation requirements.The program is scheduled to be launched before October 1 and will replace the original proposal passed on March 12, 2026.

According to a disclosure by Compound community member ugurmersin, the Compound Foundation is suspected of violating the strict limitations of Proposal 536. This proposal originally entrusted 8.42 million DAI from the decentralized autonomous organization's (DAO) reserves to the foundation for management, explicitly stating that the funds could only be used to support protocol operations, strictly prohibiting autonomous trading or speculation, and could not be used to fund the foundation's own business.

U.S. Republican Senator and Wyoming Federal Senator Cynthia Lummis stated: The Democrats had previously requested that any cryptocurrency project raising more than $25 million from the public provide audited financial statements, and this requirement has been written into the bill.Lummis noted that the Democrats voted against the transparency they had requested. Lummis has served as a Federal Senator from Wyoming since 2021, having previously served as a member of the U.S. House of Representatives from 2009 to 2017.

U.S. President Trump initiated a renaming vote on social media. He pointed out that many people believe the term "artificial intelligence" is inaccurate and sounds very stiff. For this new phenomenon, more elegant and accurate names could be Superior Intelligence, Extreme Intelligence, or Supreme Intelligence.Trump called on everyone to participate in the vote to choose the most fitting new name for this evolving "revolution." So far, over 170,000 people have voted, and the leading "new name" is Superior Intelligence (abbreviated as SI), with a vote percentage of 40.6%.Hours later, Elon Musk replied to the post, stating: It will be smart enough for us to not understand.