According to Foresight News, the decentralized liquidity staking protocol Diva has launched Diva DAO and made initial distributions to approximately 15,000 unique Ethereum stakers and ecosystem participants. Diva DAO allows DIVA token holders to exercise voting rights through delegation to make on-chain decisions regarding the launch of the Diva protocol, including deploying Diva smart contracts, planning the Diva protocol by adjusting network parameters (if any), and promoting the Diva protocol. Currently, the protocol design of Diva is still in progress, and Diva DAO aims to enable the community to participate in shaping Diva's operating framework.
Foresight News previously reported that in January this year, Diva completed a $3.5 million seed round of financing, led by A&T Capital.