voting

The CLARITY Act has been reviewed by the U.S. Senate Banking Committee today and will next enter the full Senate voting stage.According to Mars Finance, the market is optimistic about the completion of the legislation this year, with the success probability predicted by the market Polymarket exceeding 70%. However, the bill must first pass the critical procedural threshold of the "motion to end debate," which requires at least 60 votes in favor from the 100 senators; otherwise, it may face indefinite delays.Reports indicate that two Democratic senators have explicitly crossed party lines to support the bill, and all 51 Republican senators are expected to vote in favor. Therefore, at least 7 Democratic senators' support is still needed to advance the bill to the final voting stage.In addition, the CLARITY Act will need to be integrated with the version from the Senate Agriculture Committee. The Banking Committee version mainly involves the SEC regulatory framework, securities classification, trading platform registration, and DeFi protection; the Agriculture Committee version focuses on CFTC regulation, digital commodity spot and derivatives markets, among other areas. The final unified text will be submitted for Trump’s signature after being voted on by both houses.Previous news: The U.S. Senate Banking Committee passed the CLARITY Act with a vote result of 15:9.

JustLend DAO officially initiated Governance Proposal No. 39, planning to add the HTX market and introduce $HTX into the platform lending market. The core of the proposal includes: configuring the HTX/TRX price oracle, supporting the jHTX token, while setting the collateral coefficient at 50% and the reserve coefficient at 30%. If the proposal is approved by vote, HTX holders will be able to earn returns by supplying HTX or use it as collateral to borrow other assets, thereby further enhancing the efficiency of fund utilization within the ecosystem. The proposal is currently open for voting.

Gnosis DAO is conducting a Snapshot vote proposing to allow GNO holders to proportionally acquire shares of the DAO treasury through a voluntary redemption mechanism. According to analyst Ignas, the treasury holds approximately $223 million in assets (including ETH, stablecoins, and ecosystem tokens), with about 1.3 million GNO eligible for redemption, each corresponding to about $170 in treasury value, while the current trading price of GNO is around $132, representing a discount of about 27%.The vote reversed twice within 24 hours: after Gnosis co-founder Stefan George cast a dissenting vote, the situation briefly turned, but then a whale wallet holding 67,000 GNO cast a supporting vote, putting the supporters back in the lead. Currently, about 116,000 GNO are in favor (about 65%), 59,600 against, and 1,600 abstentions, surpassing the quorum threshold of 75,000 votes, with voting continuing until May 12.Supporters believe that Gnosis Ltd. has become a funding black hole structurally misaligned with the interests of holders, while opponents warn that redemption will weaken projects with actual users such as Gnosis Pay, Circles, and Gnosis Chain, and may trigger a chain reaction for other DAOs trading below net asset value.

Vitalik Buterin posted on the X platform, stating, "The quality of prediction markets depends on their oracles," and expressed his happiness to see prediction markets beginning to shift towards decentralized and non-financial oracle solutions.He also mentioned that the next step in development should be to achieve privacy for proof-of-stake voting.

According to DL News, Uniswap DAO is voting on a proposal to reclaim approximately 12.5 million UNI (about $42 million) that was previously lent to representatives and the foundation. The voting will end on May 8, with about 53% in support, 46% abstaining, and very few opposing votes.Between 2022 and 2023, the DAO lent out the aforementioned governance tokens to enhance governance participation. Uniswap Labs stated that current governance activity has significantly increased, with an average voting participation of about 750,000 votes, and the related mechanism has achieved the expected results. This reclamation also aims to address the issue of incentive misalignment—some representatives hold significant voting power without having their own economic exposure. At the same time, this move is seen as a response to external doubts about the degree of decentralization in governance.In addition, the Uniswap ecosystem has recently promoted reforms including fee mechanisms, token buyback and burn, and governance structure optimization to further enhance governance transparency and decentralization.

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.

Arbitrum DAO has begun voting on the release of the stolen Ethereum that was frozen by Arbitrum in the Kelp DAO theft incident.The proposal suggests setting up a multi-signature address, with signers including Aave Labs, Kelp DAO, Certora, and EtherFi. This address will be specifically used for recovery work after receiving the Ethereum frozen by Arbitrum. Currently, the voting approval rate for this proposal is 100%, and the voting will end on May 8 at 2:54 Beijing time.

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.

The TRON network super representatives (SR) have initiated Proposal No. 106 and entered the committee voting phase. If the proposal passes the vote, it is expected to take effect on April 10 at 20:00 (Singapore time). The proposal aims to adjust the execution behavior and cost of the SELFDESTRUCT instruction: the contract will only be truly deleted if the instruction is called in the same transaction that creates the contract; in other cases, only the contract assets will be transferred, and the contract itself will not be deleted. At the same time, the energy consumption of SELFDESTRUCT will be adjusted from 0 to 5000.If the proposal passes, the relevant mechanism will further align with Ethereum, helping to enhance TVM compatibility. TRON reminds developers who have used SELFDESTRUCT to closely monitor the progress of the proposal and prepare for adaptation in advance. If nodes experience synchronization issues, it is recommended to first check whether they have been upgraded to v4.8.1.

According to the official page, the WLFI governance staking system proposal opened for voting on March 8, with a support rate currently reported at 99.31%. Voting will close on March 13. According to the proposal, in the future, using unlocked WLFI tokens to participate in governance voting will require staking, with a minimum lock-up period of 180 days.The system will introduce a tiered node structure: ordinary stakers can earn approximately 2% annual rewards; users who stake 10 million WLFI (about 1 million USD) can become nodes and enjoy 1:1 exchange rights for stablecoins such as USDT and USDC with USD1; users who stake 50 million WLFI (about 5 million USD) can become super nodes and gain direct cooperation opportunities with the WLFI team.The proposal requires a quorum of 1 billion WLFI voting tokens to be valid, and the voting period is 7 days. If approved, implementation will be carried out in three phases.

Aave DAO is currently voting on a significant proposal that would allocate up to $42 million to Aave Labs, including $25 million for ongoing product development and a $17.5 million milestone bonus. As of Friday evening, the support votes are leading with a narrow margin of 52%, and the voting will conclude on Saturday.The controversy centers around Aave Labs' original plan to compress the development space for v3 and force users to migrate to the yet-to-be-launched v4 version. This move has sparked strong backlash, with the main contractor Bored Ghosts Developing announcing they would not renew their contract and criticizing the proposal as nearly absurd. This week, Aave Labs made concessions, promising not to enforce migration, and v3 will continue to operate.Critics, represented by Marc Zeller, argue that the requested funds are too high, accounting for 31% of the DAO's reserves, and demand that the proposal be split into multiple independent votes, but Aave Labs insists on pushing for an overall vote. Currently, Aave v3 has deposits exceeding $26.3 billion, accounting for over 97% of the total deposits in the protocol.

WLFI has proposed a governance staking system aimed at encouraging more users to participate in governance. According to the proposal, in the future, using unlocked WLFI tokens to participate in governance voting will require staking, with a minimum lock-up period of 180 days.The system will introduce a tiered node structure: ordinary stakers can earn approximately 2% annual rewards; users who stake 10 million WLFI (about 1 million USD) can become nodes and enjoy 1:1 exchange rights for stablecoins such as USDT and USDC with USD1; users who stake 50 million WLFI (about 5 million USD) can become super nodes and gain direct cooperation opportunities with the WLFI team. The proposal requires a quorum of 1 billion WLFI voting tokens to be valid, with a voting period of 7 days. If approved, implementation will be carried out in three phases.

The voting on Jupiter's proposal to "reduce the net release of future tokens to zero" officially ended today at 19:00, with the community passing the proposal with a 75% support rate.Previously, Jupiter initiated a new proposal to reduce the net release of JUP to zero in the foreseeable future. The proposal mainly targets the three major sources of JUP releases at present ------ Jupuary airdrop, team share unlock, and Mercurial quota unlock. The specifics are as follows:First, the Jupuary airdrop will be indefinitely postponed, and all 700 million JUP will be returned to the community multi-signature cold wallet for future use. The usage amount and staking snapshot at the current time will be retained. When the market environment, token status, and market sentiment are more suitable, this matter will be re-discussed with the DAO.Second, the release of tokens to team members will be indefinitely suspended. As an alternative, team members will receive JUP in the form of Jupiter's balance sheet debt. If any member wishes to sell their allocated tokens, they will be directly purchased by Jupiter's balance sheet. This move will further strengthen JUP reserves while demonstrating the team's commitment to the future of the JUP token.Third, the selling pressure from Mercurial stakeholders will be fully hedged, which will accelerate the unlocking process, and an equivalent amount of tokens will be purchased through Jupiter's own balance sheet to absorb any impact from potential token sales.

Jupiter DAO has opened a governance vote on the "zero net emissions" proposal for the JUP token, which will last until February 22. The proposal aims to improve the current price performance of JUP, which is at a historical low, by canceling the Jupuary airdrop event in 2026 to avoid further dilution of the token.The vote consists of two options: Option One is to proceed with the Jupuary airdrop as originally planned, which will launch an airdrop query tool and distribute 200 million JUP about a week after the voting ends, while continuing the existing team allocation and Mercurial incentive program; Option Two is to indefinitely postpone the Jupuary airdrop, returning the prepared 700 million tokens to the community's cold multi-signature wallet, while suspending the release of the team's reserve allocation. If Option Two is approved, Jupiter will use balance sheet funds to buy back tokens released in the market to offset the selling pressure from Mercurial holders.

Team member Vibhu from the Solana Foundation stated on the X platform that Solana achieved two milestones during last week's market fluctuations: Solana's daily non-voting transaction volume reached 148 million, setting a record for the highest activity, which is 30% higher than Cardano's historical cumulative transaction total.Last week was Solana's highest activity week in history, with network transaction volume nearing 1 billion, and the average non-voting TPS maintained at 1505. The total number of transactions for that week was approximately equal to the total transaction volume of Ethereum over the past two years.

The product lead of X and Solana advisor Nikita Bier initiated a vote titled "Are you happy or sad about closing the X Community?" The voting content is: "If the X Community is closed, will you be happy or sad?" It is reported that the vote will end in 23 hours, with the current sad ratio at 53.9% and the happy ratio at 46.1%.

The Byvote voting channel on Bybit opened for just 10 minutes, and the total number of votes has quickly surpassed 128 million, with over 4,000 participants.It is reported that this round of the Byvote prize pool is as high as 1,500,000 PENGUIN, and users only need to hold USDT and other designated assets to qualify for voting. After the project successfully lists, all users who participated in the voting will share the huge PENGUIN prize pool. Voting is still in full swing, and community participation is high.According to previous news from ChainCatcher, a new round of ByVotes on Bybit has begun, and users can gain voting rights by holding eligible assets on Bybit, with voting determining the listing of PENGUIN on the Bybit spot trading platform.

Decentralized AI Intelligent Network DGrid AI announces the official launch of its revolutionary product DGrid AI Arena today. This is a community-driven anonymous AI model battle platform designed to allow global users to participate in evaluating and defining the true quality of AI models in a fair and transparent "blind test" manner.DGrid AI Arena encompasses three core modules: AI Battle, Points System, and Rewards Section. Users can accumulate points by completing daily AI model voting tasks and inviting valid users. Points can not only be directly exchanged for USDT rewards but also participate in the weekly points leaderboard to share in an exclusive prize pool.In the AI Arena, users will see two anonymous models (displayed only as "Model A" and "Model B") answering the same question. Without knowing the identity of the models (which could be GPT-4o, Claude 3.5, or any other model), users vote for the winner purely based on the quality of the answers. The model names will only be revealed after voting. Each vote not only determines the battle outcome but also helps the DGrid decentralized network become smarter, more coordinated, and more transparent.DGrid AI is a decentralized AI intelligent network aimed at providing low-cost, highly available, and verifiable decentralized AI capabilities for Web3 developers and AI applications.

According to DL News, a proposal requiring the Optimism Foundation to use 50% of its Superchain network revenue each month to buy back OP governance tokens has opened for voting on Thursday. There are divisions within the DAO community regarding this. Opponents argue that using hard assets for buybacks is an inefficient use of capital, especially when the foundation still needs to net sell OP through grants and other means. Another major point of contention is that the buyback will be executed through over-the-counter transactions, which will not directly affect the public market price, and some representatives are concerned it may become a channel for insiders to unlock tokens.Supporters, on the other hand, believe that the buyback mechanism can clearly convey the value of network growth to the market and is the "right direction." As of now, the voting shows overwhelming support, with over 3.8 million votes in favor and about 19,000 votes against. Voting will end on January 28.

The governance proposal IIP-617 for Injective has passed with an overwhelming majority, with 99.89% of community members voting in support, officially launching the next phase of development for the INJ token.This proposal has taken effect immediately and will significantly reduce the total supply of INJ tokens, making INJ one of the most deflationary assets in the crypto market.