Learn All About the Newest Form of On-Chain Governance 🧠🗳
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Defi slate Fam:
A mix of macro with your morning coffee today as we near two events with market moving potential. This Wednesday JPOW of the FED undoubtedly delivers another 75bps rate hike. We have yet to see the FED take a doveish stance to indicate slower hikes or even rate cuts but a change towards dovishness seems not far away.
The second event on our radar is the US midterm elections on November 8th. Elections could soften the FED stance as incumbents look to keep their power dynamic intact. General corruption in these power dynamics tend to enrich the rich and empower the powerful as the system perpetuates.
Today we talk about liquid democracy, a new form of governance. Govrn spawns an era of liquid democracy built from the tokens that run DAO economies. Learn how Govrn works in on-chain governance today and how these concepts translate to democratic governments worldwide.
🙌 Together with:
Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!
🔥 Partner Project Updates
One of Ethereum’s Leading L2s Boba Network closed a massive Series A funding deal to increase their team & grow their ecosystem with hackathons and more, click the image to learn more about how to get involved!
⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.
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