🏦 After few rounds of updates, EAST 2.0 will be governed by WEST DAO – a two-chamber DAO formed by a governing council and the community of GWEST holders. EAST proposals within the DAO will include:
💱 Adding and removing types of collateral supported ⚖️ Changing the EAST stability fee 📈 Altering the EAST price multiplier of the EAST stability fee ⚙️ In the future WEST DAO members will take part in adding or removing blockchain protocols supported. Meet EAST 2.0, a stable coin with truly decentralized governance!
🏦 After few rounds of updates, EAST 2.0 will be governed by WEST DAO – a two-chamber DAO formed by a governing council and the community of GWEST holders. EAST proposals within the DAO will include:
💱 Adding and removing types of collateral supported ⚖️ Changing the EAST stability fee 📈 Altering the EAST price multiplier of the EAST stability fee ⚙️ In the future WEST DAO members will take part in adding or removing blockchain protocols supported. Meet EAST 2.0, a stable coin with truly decentralized governance!
A Telegram spokesman declined to comment on the bond issue or the amount of the debt the company has due. The spokesman said Telegram’s equipment and bandwidth costs are growing because it has consistently posted more than 40% year-to-year growth in users.
Telegram Gives Up On Crypto Blockchain Project
Durov said on his Telegram channel today that the two and a half year blockchain and crypto project has been put to sleep. Ironically, after leaving Russia because the government wanted his encryption keys to his social media firm, Durov’s cryptocurrency idea lost steam because of a U.S. court. “The technology we created allowed for an open, free, decentralized exchange of value and ideas. TON had the potential to revolutionize how people store and transfer funds and information,” he wrote on his channel. “Unfortunately, a U.S. court stopped TON from happening.”
