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Gov Hub: September Update

This past month had a flurry of highly important governance votes across the crypto landscape. According to GovHub, our governance aggregator and insight tool, communities voted on over 11 proposals that our protocol-specific analysts deem to be of “High” or “Medium” importance. Below we highlight the top five most important proposals across our covered assets and provide our own insight on how the protocol may be impacted. Additionally, we outline an important “Emerging Proposal” that came up in discussion in the protocol’s forums that will be voted on at a later date.  

DYDX: V4 Adoption & DYDX Token Migration to dYdX Chain

Summary: Wintermute proposed several operational items to prepare dYdX for its official mainnet launch.

Vote Period: August 28th, 2023 - September 1st, 2023 

Analyst Position: “For”

**Result:  **"For"

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Ren leads coverage on Options, Structured Products, Money Markets, and AMMs. Previously worked at a crypto hedge fund managing DeFi strategies.

Mentioned Assets
Outline
  • DYDX: V4 Adoption & DYDX Token Migration to dYdX Chain
  • MakerDAO: Explore a fork of the Solana codebase for NewChain
  • Yearn V3
  • Frax: FIP-2XX sFRAX
  • Cosmos Hub: v12 Upgrade (Liquid Staking Module)
  • MIP-26: Treasury Assets in Support of Applications
Author
Ren leads coverage on Options, Structured Products, Money Markets, and AMMs. Previously worked at a crypto hedge fund managing DeFi strategies.
Mentioned Assets