Tron Makes a Move in Central Asia, Kyrgyz President Sadyr Japarov Meets with Justin Sun | Bee Network
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A DeFi project, Across Protocol, which has been operating for four years and raised tens of millions of dollars in funding, recently made a surprising decision to dissolve its DAO and transition into a private company. This veteran protocol’s leading “defection” is not merely an adjustment in corporate structure but reflects deeper challenges within the existing DAO governance model and tokenomics. Plans to Transition into a US Company, Token Holders Offered Equity or USDC Exit Options On March 11, Across published a temperature check proposal to transition from a DAO structure to a US C-Corporation. This marks a significant shift in the governance structure of the Across protocol, a first-of-its-kind move in the crypto space. Following the proposal’s release, the price of the ACX token unexpectedly surged. According to CoinGecko…# Analysis# crypto# Exchange# Market# Sandbox# web3Pre
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- On April 18, Justin Sun, founder of TRON, held an official meeting with President Sadyr Japarov of Kyrgyzstan in Bishkek, the capital city. The discussions centered on global digital financial tran...