doa

$SYN @Synapse Labs

@Synapse Labs & Token $SYN
🔴🟢 is a cross-chain interoperability protocol that enables the secure and efficient transfer of assets & data across various blockchains.

Technology focus includes:
Cross-chain bridging & generalized messaging (transfer data/contracts across chains).

Layer rollup for faster and more scalable execution.

Token SYN is a governance & utility token:
For staking, governance, and network incentives through Synapse DAO.

Used for protocol fees, LP rewards, and voting.

#Crypto #DOA #SynapseProtocol #SYN

#DOA Arbitrum Community Considers Lowering Voting Threshold Amid Governance Crisis
AI Summary
According to PANews, the governance token ARB of Ethereum's Layer 2 network, Arbitrum, has experienced a significant price drop of 71% over the past year, leading to a sharp decline in DAO voting participation. In response to this challenge, the Arbitrum community is contemplating reducing the minimum voting threshold for proposal approval from 5% to 4.5% to revitalize governance activity. This move comes amid a growing governance participation crisis, with data indicating a 50% decrease in Arbitrum's governance engagement over the past year, alongside an 87% drop in token price from its historical peak.
Community representatives have noted that when token holders face substantial losses, their motivation to engage in governance naturally diminishes. This situation not only affects routine decision-making but also risks preventing quality proposals from passing. Some representatives support lowering the threshold as a temporary measure, but the core issue remains the ecosystem's lack of tangible value to retain token holders.$DOGE

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$METIS @Metis L2
Layer-2 (L2) Ethereum project designed to provide high transaction speeds, low costs, and maximum scalability without sacrificing decentralization.

💡 Functions & Benefits:

Utilizing Optimistic Rollup to process transactions more efficiently on the Ethereum network.

Supporting the Web3 ecosystem, such as DeFi, NFT, and DAO with fast performance.

The METIS token is used for gas fees, staking, and governance within its ecosystem.

📊
METIS shows strong potential as one of the L2s focused on full decentralization and interoperability, with an emphasis on developing integrated Web3 infrastructure. If the L2 ecosystem continues to grow, METIS has the potential to become a major player in this sector.

#NFT #Web3 #METIS #DeFi #DOA