Raja
@electroboye
DAO Weekly Roundup: Key Highlights - 5May'24 🧵 1/5 Maker DAO's @makerdao $MKR Token Dives 11% Amid Whale Transfers to Exchanges $MKR, the governance token of Maker DAO, plunged 11% as whales transferred tokens to exchanges, reflecting crypto market volatility. #DAO #DAOs #Web3
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Raja
@electroboye
2/5 @safe Token Plummets 42% After Transferability Unlock: SafeDAO's Decision Impact After unlocking token transferability, the price of Safe token dropped by 42% from $3.26 to $1.88. SafeDAO's vote on the token transferability proposal, with 99.1% in favor, preceded the unlock.
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Raja
@electroboye
3/5 Bonk @bonkinu DAO Proposes Token Burn: BONK Value Skyrockets Bonk DAO received a proposal to burn 280 billion BONK tokens, equal to 100% of those sent by BONKBot. The announcement led to a surge in BONK's value.
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Raja
@electroboye
4/5 @apecoin DAO Proposal Success Rate Plummets: Surge in Rejected Proposals ApeCoin DAO witnesses a 50% decline in proposal success rate, indicating a significant decrease in the approval of community proposals.
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Raja
@electroboye
5/5 NFA Labs Receives $10M Investment, Prepares to Launch DeFi DAO NFA Labs, an AI-powered DeFi platform, secures a $10 million investment to enhance its product and ecosystem. Additionally, the brand is gearing up to launch a DAO, signaling further innovation in the DeFi space.
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Raja
@electroboye
What did I miss? Let me know in the comment below. If you like it, please leave some 💙 🙏
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