bZx Protocol (BZRX) news

bZx Protocol

Now that the DAO has launched, funding is required to ensure that existing contributors are compensated on an ongoing basis. At the time of writing, the treasury contains over 400,000,000 ($170,000,000) BZRX, which can be purposed to maintain operations.  Below is a spreadsheet detailing the rates at which other communities are compensating their key contributors.  Compensation in DeFi — 2021 Research  The following recommended allocations have been made based on comparable industry comps and di...

DAO Omnibus Funding

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bZx DAO's funding proposal has been submitted to the Forum for community discussion and input. 

https://forum.bzx.network/t/dao-omnibus-funding/376

After a period of open discussion the DAO funding proposal will proceed to a snapshot vote followed by onchain governance vote.  

The current value of the bZx treasury exceeds 170mm placing it among the top 10 largest DAO treasuries according to https://open-orgs.info/

bZx DAO treasury facilitates the DAOs mission to fund critical development, reward ongoing contributors, grow the protocol, express values, and increase longevity.

bZx DAO is committed to continuing open disclosure and following best practices.