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WLFI governance overhaul approved as community vote passes with 99% support

WLFI's governance overhaul proposal has been overwhelmingly approved with 99.12% community support, representing 2.7 billion tokens. The new model introduces a staking-based system where voting power is determined by stake size and commitment duration, prioritizing long-term participants. The implementation will occur in three phases: introducing governance staking, activating a Node tier with stablecoin conversion features, and launching a Super Node tier for revenue-sharing. This reform is closely tied to expanding WLFI’s USD1 stablecoin ecosystem. Following the vote, the token price stabilized near $0.105, as markets await the phased rollout.

ambcrypto03/16 15:39

WLFI governance overhaul approved as community vote passes with 99% support

ambcrypto03/16 15:39

Cardano Founder Calls For Insider Recusal In Liqwid Governance Dispute

Cardano founder Charles Hoskinson has intervened in a governance dispute at DeFi protocol Liqwid, urging insiders to recuse themselves from a revote on the distribution of nearly $1 million in NIGHT tokens. The conflict centers on whether the protocol should honor prior public commitments to return all assets deposited in its smart contracts. Hoskinson argued that DAO legitimacy depends on broad participation and trust, not just a vote, especially when insiders could directly benefit from the outcome. He warned that failing to address the perceived breach of trust could severely damage Liqwid's credibility and growth, and recommended a new vote focused solely on whether to honor the original promises.

bitcoinist03/16 11:32

Cardano Founder Calls For Insider Recusal In Liqwid Governance Dispute

bitcoinist03/16 11:32

Uniswap (UNI) Price Jumps 15% as Governance Vote Expands Fee Switch Across Layer-2 Networks

Uniswap's UNI token surged nearly 15% following a governance proposal to expand its fee mechanism across eight blockchains. The proposal would enable the protocol to collect a portion of trading fees—diverting them from liquidity providers to the treasury—for activities like token buybacks and burns. Analysts estimate this could generate an additional $27 million in annual revenue, significantly boosting Uniswap’s current $34 million in fee-based income. While the move may enhance value for UNI holders through reduced token supply, it risks making the platform less competitive if liquidity providers seek lower-fee alternatives. The proposal requires two on-chain votes to implement.

TheNewsCrypto02/26 13:08

Uniswap (UNI) Price Jumps 15% as Governance Vote Expands Fee Switch Across Layer-2 Networks

TheNewsCrypto02/26 13:08

Winter Storm Delays Senate Crypto Market Structure Vote

Due to severe winter weather in Washington D.C., the Senate Agriculture Committee has postponed the markup vote on the Digital Commodity Intermediaries Act. Heavy snowfall, icy conditions, and dangerously low temperatures led to unsafe travel, closed federal offices, and widespread flight cancellations. This delay is significant as it marks the first time the Senate was set to formally vote on and amend a crypto market structure bill. The legislation aims to expand the Commodity Futures Trading Commission's authority over digital commodities like Bitcoin. The bill has been the subject of extensive negotiations but has faced challenges in reaching a bipartisan agreement.

TheNewsCrypto01/27 07:17

Winter Storm Delays Senate Crypto Market Structure Vote

TheNewsCrypto01/27 07:17

WLFI Under Fire As Governance Vote Moves Ahead Without Locked Voters

A governance vote for the WLFI project has passed, but controversy has erupted because approximately 80% of tokens remain locked, preventing most holders from participating. Critics argue the vote was dominated by a small group, with the top nine wallets controlling nearly 60% of the voting power. The proposal allocates up to 5% of the unlocked treasury to support the project’s stablecoin, USD1. While it passed with 77.75% support, opponents call it unfair and demand clearer unlock schedules and more inclusive governance rules. The project has also drawn attention due to past connections to the Trump family.

bitcoinist01/21 07:05

WLFI Under Fire As Governance Vote Moves Ahead Without Locked Voters

bitcoinist01/21 07:05

Injective’s ‘supply squeeze’ clears with 99% vote – What’s next for INJ?

Injective's 'supply squeeze' proposal was overwhelmingly approved with 99.89% of the vote. The plan aims to dramatically reduce the INJ token supply by doubling the token burn rate and cutting staking reward emissions in half. This aggressive deflationary upgrade complements the existing community buyback program, which has already removed over 6.8 million tokens from circulation. Despite the bullish tokenomics update, the price reaction was muted. INJ saw a brief 4% rally but gave back gains due to broader market pressures, including a Bitcoin dip. Futures market data showed persistently low demand and negative sentiment, indicating the update was overshadowed by macro conditions. It remains to be seen if the deflationary measures will significantly boost INJ's price long-term.

ambcrypto01/20 11:08

Injective’s ‘supply squeeze’ clears with 99% vote – What’s next for INJ?

ambcrypto01/20 11:08

Injective Passes Vote to Cut INJ Supply and Boost Deflation

The Injective community has overwhelmingly approved governance proposal IIP-617, passing with 99.89% support. This update significantly accelerates the network's deflationary strategy by reducing the rate of new INJ token emissions. It does not introduce a new burn mechanism but instead makes the existing token issuance more restrictive. This change works alongside the ongoing Community BuyBack program, which uses ecosystem revenue to buy and burn INJ on the open market. The proposal is the latest step in Injective's long-term plan to structurally reduce supply, building on previous upgrades like IIP-392. Despite these improved tokenomics, INJ's market performance remains volatile and heavily influenced by broader market sentiment, not just supply dynamics.

TheNewsCrypto01/20 07:50

Injective Passes Vote to Cut INJ Supply and Boost Deflation

TheNewsCrypto01/20 07:50

PancakeSwap tightens CAKE supply ceiling following tokenomics overhaul

PancakeSwap's community has approved a proposal to reduce the maximum supply of its native CAKE token from 450 million to 400 million. The vote, held from January 16 to 19, 2026, received near-unanimous support. This change follows the implementation of Tokenomics Proposal 3.0 in April 2025, which reduced daily emissions and resulted in a net burn of 8.19% of CAKE's total supply in 2025. The new cap does not affect the current circulating supply of approximately 334 million tokens but reduces long-term dilution risk. The move reinforces PancakeSwap's shift toward deflationary tokenomics and supply discipline, though short-term price impact remains muted.

ambcrypto01/19 17:57

PancakeSwap tightens CAKE supply ceiling following tokenomics overhaul

ambcrypto01/19 17:57

‘Let crypto bill die’ – Crypto VC cites stablecoin yields as red line

Some crypto industry leaders are expressing strong opposition to a potential stablecoin yield ban in the upcoming crypto market structure bill. Following reports that lawmakers are receptive to TradFi demands to restrict yields, Galaxy CEO Mike Novogratz criticized Congress for prioritizing bank profits over consumers. Nic Carter of Castle Island Ventures stated that if stablecoin yields are killed, the entire bill should be allowed to die. However, Consensys lawyer Bill Hughes remains optimistic about the bipartisan negotiations. Key committees are set to mark up their versions of the bill on January 15th, covering SEC and CFTC oversight. The bill requires Democrat support to pass committee votes. Contentious issues include stablecoin yields, DeFi provisions, and ethics standards. If the vote fails, it could sour market sentiment and delay progress until at least 2026 due to upcoming elections and crowded legislative calendars.

ambcrypto01/11 01:02

‘Let crypto bill die’ – Crypto VC cites stablecoin yields as red line

ambcrypto01/11 01:02

The Biggest Variable in the Post-Encryption Market: Can the CLARITY Act Pass the Senate?

The CLARITY Act (Digital Asset Market Clarity Act of 2025), a key U.S. crypto market structure bill, faces a critical vote in the Senate Banking Committee on January 15. The bill aims to establish a clear regulatory framework by categorizing digital assets into three types: digital commodities, investment contract assets (securities), and regulated payment stablecoins. It also delineates regulatory jurisdiction between the SEC and CFTC accordingly. A recent closed-door meeting between Wall Street representatives (including SIFMA) and crypto industry players was described as "constructive," particularly regarding DeFi regulatory exemptions—a major point of contention. Other disagreements involve yield-bearing stablecoins (opposed by banks) and ethical concerns related to the Trump family. Despite passing the House with strong support in July, the bill has faced repeated delays in the Senate. Key obstacles include debates over DeFi regulation and stablecoin issuers sharing收益 with holders. Proponents argue CLARITY would reduce regulatory ambiguity, attract institutional capital, and raise market valuations, but its fate remains uncertain. If the committee approves it, the bill could proceed to a full Senate vote, with April viewed as a practical deadline before midterm elections politicize the process further.

marsbit01/09 09:58

The Biggest Variable in the Post-Encryption Market: Can the CLARITY Act Pass the Senate?

marsbit01/09 09:58

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