CoinMarketCap, Kraken & Bloomberg use Reserve to power their DTFs (Decentralized Token Folios): entire crypto portfolios in 1 token. Reserve is powered by $RSR
Could it be that we are continuing to undervalue the true capabilities of artificial intelligence? Thomas Larsen, representing the AI Futures Project, certainly believes this is the case.
Our team actively monitors DTF governance around the clock, which allowed us to detect a developing situation very early. Please rest assured that no funds have been moved and zero malicious proposals have been approved. Within the past day, a bad actor has submitted several malicious governance proposals across multiple Index DTFs, and we fully anticipate additional submissions.
Fortunately, the attacker simply cannot force these through on their own. While they have managed to accumulate notable positions throughout various DTF governance pools, they do not hold a majority share in any single one. As a minority stakeholder, this individual is able to put forward a proposal but lacks the necessary voting power to approve it unilaterally. The primary defense against these attempts is community voter turnout, which is exactly why your participation is so important right now.
If your tokens are already vote-locked, please head over to http://app.reserve.org to cast your vote against these malicious submissions. Alternatively, if you currently hold idle RSR, we strongly encourage you to lock your tokens and participate in the voting process. Since your voting power is captured in a snapshot the exact moment a proposal opens for voting, locking your RSR today ensures your voice will count for all proposals currently under review as well as any future submissions.
Over the past month, LCAP has experienced a 30% increase. Powered by Reserve, this asset is specifically designed to follow the @CFBenchmarks Large Cap Index.
It is currently available for trading on @krakenfx. For your technical reference, the associated contract address is base:0x4da9a0f397db1397902070f93a4d6ddbc0e0e6e8. You can explore further pricing details by visiting https://www.kraken.com/prices/large-cap-dtf.
Traditional ETFs made it incredibly simple to hold a diversified basket of investments. A Decentralized Token Fund (DTF) takes this successful framework and moves it onchain. Fundamentally, a DTF functions as a fully asset-backed token that represents a specific basket of underlying assets. By adapting the familiar model for the blockchain environment, DTFs empower users with independent self-custody, open permissionless access, and continuous 24/7 availability.
We are pleased to confirm our pending CoinMarketCap listing application for $MAG7. This project brings equal-weight exposure to the Magnificent 7 directly onchain through the @base network.
As part of the verification process, we are sharing our public reference details. Our support submission is logged under Ticket 1452865. Furthermore, you can review our DexScan information by visiting https://dex.coinmarketcap.com/token/base/0xcef8db49e456f872e288e1c042f916e9ced7c781/
For your security, please ensure you are always referencing the official contract on Base, which is exactly 0xCEF8Db49E456f872E288E1C042F916E9ceD7c781.
To ensure everything is ready for upcoming and subsequent ballots, Confusion Capital is introducing a clear framework of ground rules. The team officially promises that before any adjustments can be made to the RSR unlocking logic, tokenholders must give their approval.
Please note that no unlocking mechanisms are being altered today. Instead, this initiative simply outlines the method for how modifications will be handled down the road. Any potential change must be shared openly and voted on by RSR holders using their tokens.
The foundational steps are straightforward. Confusion Capital will bring forward a proposal, and the RSR holders will make the final choice. A complete version of the proposition needs to be published on the forum 7 days before the voting period initiates. Once active, the voting phase will last for a 7-day period on @SnapshotLabs. A successful outcome requires reaching a 1B RSR quorum and securing a simple majority of the participating votes.
In the interest of impartiality, CC will refrain from participating in votes regarding its own proposals. This rule extends to @nnevvinn, ABC Labs, Best Friend Finance, and any future businesses that CC incubates.
Additionally, the governance framework features a self-amending design. This means that if anyone wishes to update these voting guidelines, they must navigate this exact same approval process.
You can find comprehensive details by visiting the official Reserve forum post here: https://forum.reserve.org/t/confusion-capitals-constitutional-rsr-unlocking-governance-pledge/1621
We invite you to examine the complete proposal for the $RSR unlocking milestone plan, which is now live on the forum. @nnevvinn initially presented this revised framework during yesterday's Q2 Community Call, and we would love to hear your thoughts.
Reviewing the details today will give you plenty of time to prepare before the @SnapshotLabs vote officially begins on Aug. 27. You can read through the document and add your voice to the community conversation by visiting this link: https://forum.reserve.org/t/proposal-rsr-unlocking-milestone-plan-revised-framework/1609