Decentraland DAO Considers Pausing Grants As FTX Collapse Spotlights Diversification
The Decentraland DAO – the metaverse platform’s community decision-making tool – is holding a vote on whether to temporarily pause its grants program and reassess its structure. any community member can request funding for efforts to improve the platform or implement new features.
Specifically, the proposal notes that its DAO treasury holds funds equal to $19.3 million, with 99.1% of those assets held in MANA, Decentraland’s native cryptocurrency, and only 0.9% held in “other” tokens. the time might be right to pause and review its current structure, identifying valuable lessons from its shortcomings. Specifically, the proposal notes that its DAO treasury holds funds equal to $19.3 million.
Source
@Metaverse_Web3_GameFi
