#fluid2 articles

2 articles

DeFiNeutralDL News · Feb 266/104

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Why Fluid devs want to give DAO ‘ultimate authority’

Fluid's developers have proposed transferring all intellectual property to a DAO-controlled foundation, giving the decentralized autonomous organization ultimate authority over the protocol. This move comes as a similar governance debate is occurring with Fluid's main competitor.

DeFiNeutralThe Defiant · Feb 245/105

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Fluid Proposes Establishing a Foundation Funded by $3M Annual Grant From DAO

Fluid, a DeFi protocol associated with Instadapp, has proposed establishing a non-profit foundation that would receive $3M annually from its DAO. The foundation would oversee the protocol's code, frontend development, and trademark management if the governance proposal is approved.