Synthetix Dissolves Foundation in Favor of Community DAOs
Synthetix – the leading derivatives exchange – has decommissioned its foundation in favor of a suite of community-operated DAOs. The Synthetix Foundation has been decommisioned. The protocol is now under the control of three distinct DAO’s: the protocolDAO, the grantsDAO, and the synthetixDAO. https://t.co/UscrSpSBV2
— Synthetix (@synthetix_io) July 28, 2020 While Synthetix has always been a leader of decentralized governance, this transition is about the furthest the proto… … More