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“# DeFi platform 1inch releases governance and utility token ” The team behind the DeFi platform 1inch is releasing a governance and utility token, according to a Dec. 25 announcement. The 1INCH token will be used for both the platform’s automated market maker protocol and its decentralized exchange aggregator service. The “Aggregation Protocol” governance module…
“# A million down, a billion to go: How does DeFi reach mass adoption? ” A report on Friday from Ethereum metrics website Dune Analytics showed that the decentralized finance (DeFi) ecosystem now counts over 1 million unique Ethereum addresses as participants — an over tenfold increase from the 91,000 addresses on Dec. 6, 2019. …
“# Ethereum-based market platform unveils a new DAO ” Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO. “This will have the effect of progressively decentralizing Gnosis as a project using a native governance framework powered by their token economy,…
“# The word ‘decentralized’ has lost all meaning — Enough is enough ” Decentralization: It’s a word that holds so much power and promise. But over the years, it’s become painfully clear that this concept isn’t being given the respect it deserves — and the consequences can be downright dangerous. We live in a world…
“# Blockchain may solve Twitter and Facebook’s moderation issues says Aragon exec ” Aragon co-founder Luis Cuende told Cointelegraph that the decentralized technology his company has been developing could find its perfect use case on social media platforms like Facebook and Twitter. In recent months, content moderation practices employed by global social media platforms have…