Over time, Lunar Labs says it plans to decentralize Moonwell product development via the Moonwell DAO, whose WELL governance token will be distributed to Lunar Labs investors, Moonwell users and other Moonwell community members. WELL won’t come with voting rights when Artemis launches, but holders will be able to stake it with the protocol in exchange for rewards.
Related posts
-
The Protocol: Elections, Schmections. Blockchain's Got Work to Do
The blockchain industry might get a boost as former U.S. President Donald Trump wins a second... -
SEC publishes NYSE Arca’s proposal to uplist Grayscale fund
The U.S. Securities and Exchange Commission has published the application to uplist a Grayscale digital asset... -
Michigan Pension Fund Invests $10 Million in Grayscale’s Ethereum ETFs
Reports indicate that the State of Michigan Retirement System...