Skip to content

Topic

DeFi governance

The voting processes, onchain and off, by which token holders decide protocol parameters, fee settings and treasury use.

Current stories

investOne report1 publisher

Curve Finance credits LlamaLend v2 for 84% of a quarter that lifted its loans 68%

Curve Finance's active loans rose 68% to $70.9 million in Q3, according to its quarterly update. Sector lending is still about 13% below its 2025 close, a $4.7 billion gap roughly 164 times Curve's $28.7 million quarterly gain.

Publishers:crypto.news

Reality

Evidence50
Adoption30
Hype gap+20
Incentives65
Confidence55
investConfirmed4 publishers

Babylon wants Aave V4 borrowers to post Bitcoin that never leaves the Bitcoin network

Babylon Labs wants Aave V4 users to borrow against Bitcoin held in self-custodial Taproot vaults on Bitcoin itself. Risk parameters and more Aave DAO votes are still needed before mainnet, Cryptobriefing reports, and only a testnet has run.

Perspective Coverage

4 publishers
Builder
Builder 35%
Operator
Operator 30%
Investor
Investor 35%

Reality

Evidence62
Adoption8
Hype gap+15
Incentives55
Confidence68
investOne report1 publisher

PancakeSwap would pay LPs 88% of v3 and Infinity fees and trim CAKE issuance by about 10,100 a day

PancakeSwap's discussion-stage proposal would send 88% of v3 and Infinity trading fees to liquidity providers, Crypto Briefing reported. Its 69% emissions cut is cumulative since April 2025, so the new step alone removes about 45% of today's daily CAKE issuance.

Reality

Evidence50
Adoption
Not scored
Hype gap+15
Incentives
Not scored
Confidence55
investConfirmed4 publishers

Formation's AI and defense credit pitch starts from $150 million of Loopscale deposits

Solana exchange Orca and lender Loopscale merged into Formation to finance AI, energy and defense firms on Loopscale's $2 billion lending record. ORCA stakers carry the first cost: a related proposal would cut their share of protocol fees from 40% to 10%, Cryptopolitan reported.

Perspective Coverage

4 publishers
Builder
Builder 34%
Operator
Operator 32%
Investor
Investor 34%

Reality

Evidence55
Adoption40
Hype gap+45
Incentives65
Confidence60
investOne report1 publisher

Aave Labs' Cayman foundation plan defers every brand and IP transfer to separate DAO votes

Aave Labs asked the Aave DAO on October 2 to approve a memberless Cayman foundation that would later hold the Aave trademark, domains and codebase IP. Phase 1 moves none of them, and each transfer will need its own vote that holders can pass or block.

Reality

Evidence50
Adoption
Not scored
Hype gap+5
Incentives55
Confidence55
investOne report1 publisher

Ondo and BlackRock pitch a Treasury fund capped at $25 million a day for Sky's $1 billion tokenization pool

Ondo, BlackRock and Securitize pitched OUSG for Sky's roughly $1 billion tokenization allocation, offering 24/7 redemptions capped at $25 million a day. Much of OUSG's money sat in BlackRock's BUIDL fund, so BlackRock manages the underlying Treasuries whether Sky chooses OUSG or BUIDL.

Reality

Evidence35
Adoption20
Hype gap+30
Incentives75
Confidence40
investConfirmed3 publishers

Balancer trades its buyback for a burn-to-redeem claim payable in May 2027

A forum proposal would cancel the buyback BAL holders approved in April and let them burn tokens instead for a pro-rata share of a treasury estimated at least $9 million, with the first payout held until veBAL locks expire at the end of May 2027.

Perspective Coverage

3 publishers
Builder
Builder 20%
Operator
Operator 33%
Investor
Investor 47%

Reality

Evidence72
Adoption8
Hype gap+12
Incentives
Not scored
Confidence70
investConfirmed3 publishers

Ethena buys back locked tokens from the seed investors who sold after October's peak

The Foundation screened for holders above 0.25% of supply who had sold after 10 October 2025, bought their unvested tokens over the counter, and set 5 October 2026 as the date the unlock calendar stops. Non-sellers were offered their cost back and refused.

Perspective Coverage

3 publishers
Builder
Builder 25%
Operator
Operator 23%
Investor
Investor 52%

Reality

Evidence62
Adoption42
Hype gap+27
Incentives78
Confidence61