DeXe

<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ebb4ad8d82ee459f84fd3ccede800caa.png" />For the first time, over 40% of DAO members tracked by DeepDAO are active users, having voted at least once on a proposal. Meanwhile, BitDAO passed Optimism in treasury size and can upset Arbitrum for that number one spot.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2be8f96351ad455ca9f2224fa72cf944.png" />DAO News▪️Aave DAO members are <a href="https://governance.aave.com/t/temp-check-convert-2m-of-arb-in-stablecoins/14433/9?ref&#61;daotimes.com" rel="noopener noreferrer nofollow">discussing</a> converting its 2.7 ARB allocation into stablecoins or ETH.▪️Illuvium’s <a href="https://snapshot.org/?ref&#61;daotimes.com#/ilv-gov.eth/proposal/0xe2c7a50f360fc0073d4663c9d9b4276d926e88a8c089a9402862608fd624663c" rel="noopener noreferrer nofollow">peer and self evaluation process</a> proposal has been approved, giving a clearer path to meritocracy and accountability in the DAO.▪️Want to vote in an Elvis Legacy Council DAO (or know what it is)? Watch this <a href="https://www.coindesk.com/video/the-sandbox-co-founder-on-launching-elvis-presley-nft-avatars-future-of-the-metaverse/" rel="noopener noreferrer nofollow">interview</a> with the Sandbox cofounder.▪️Silo DAO <a href="https://snapshot.org/?ref&#61;daotimes.com#/silofinance.eth/proposal/0x8c579ed2db992917c8423a5986f241322513aaa6273a10305c0ab32e46614345" rel="noopener noreferrer nofollow">voted to swap</a> 1M USDC for the decentralized LUSD stablecoin.▪️There is a <a href="https://www.coindesk.com/business/2023/08/10/embattled-aragon-mulled-sale-of-crypto-project-leaked-screenshot-shows/" rel="noopener noreferrer nofollow">screenshot</a> floating around purporting to show that Aragon was trying to sell itself as recently as in June, pressured by activist investors.▪️TRON DAO Ventures has <a href="https://cryptoslate.com/press-releases/tron-dao-ventures-invests-2-million-in-crv-and-curve-to-launch-on-tron-and-bttc/" rel="noopener noreferrer nofollow">acquired $2M worth of CRV</a>, taking advantage of the token’s price decline post-exploit and committing to launch Curve on its TRON and BTTC networks.▪️<a href="https://u.today/shib-breaking-news-shiba-inu-taps-leading-investment-firm-for-doggy-dao-advisor" rel="noopener noreferrer nofollow">SHIB Doggy DAO</a> got an investment firm, Alpha Transform Holdings, as an advisor.▪️MakerDAO founder gave an <a href="https://www.coindesk.com/video/makerdao-founder-on-future-of-dao-voter-participation/" rel="noopener noreferrer nofollow">interview</a> to CoinDesk about DAO voter participation and MakerDAO’s endgame.DAO ProposalsNo high-importance proposals this week. Only 24 mid- and 23 low-importance ones.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/fa5515ce67ea42149b14bf38c69fe933.png" />Most proposals deal with Parameters (14) and Team (22). Aave and Osmosis are especially active.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b842fe02ed174990bcb66482be092396.png" />Most active members by DAOStargate Finance is still at the top, awaiting a worthy challenger.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/237c379d88894a0dace31e92ccc7ea19.png" />Stargate Finance - 858.1kSyncSwap - 220.9kArbitrum One - 195.9kPancakeSwap - 130.4kOptimism Collective - 88.7k Stay tuned!<a href="https://dexe.network/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://t.me/Dexe_network" rel="noopener noreferrer nofollow">Telegram channel</a> | <a href="https://www.binance.com/en/feed/profile/10058978" rel="noopener noreferrer nofollow">Binance Feed</a> | <a href="https://t.me/dexe_network_official_chat" rel="noopener noreferrer nofollow">Telegram chat</a> | <a href="https://www.facebook.com/dexe.network" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://dexenetwork.medium.com/" rel="noopener noreferrer nofollow">Medium</a>| <a href="https://www.linkedin.com/company/dexe-network" rel="noopener noreferrer nofollow">LinkedIn</a> | <a href="https://twitter.com/DexeNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.reddit.com/r/dexenetwork/" rel="noopener noreferrer nofollow">Reddit</a> | <a href="https://discord.gg/nspMkckgyX" rel="noopener noreferrer nofollow">Discord</a>

State of the DAOs - August 17th

DeXe Protocol

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