There are decentralized autonomous organizations (DAOs) with “thousands of people with billions of dollars locked into a treasury, and the conversation that’s going on [about governance] is between, like, six people,” said Deven Matthews, who leads the Blockchain at Berkeley governance department.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...