Synthetix
Aris Dwi Candra
Other
4 years ago
The Synthetix DAO has added some new, perhaps surprising voices to its governance.
Today the synthetic asset protocol announced a $12 million dollar fundraise led by venture capital firms Paradigm, Coinbase Ventures, and IOSG. The funds purchased SNX tokens directly from the DAO treasury, and “will contribute where possible by providing liquidity in the form of SNX collateral, and also participate in its rapidly evolving community governance system,” the announcement reads.
“We’re excited about supporting the synthetixDAO as it builds the leading synthetic asset platform,” said Paradigm investment partner Arjun Balaji. “Synthetix has one of the best communities in crypto and we’re glad to be a part of it.”
The investment is notable for being among the first instances of funds investing directly with and through a project governed by a DAO. How VCs interact with DAO-governed protocols has been a hot topic of late, with some arguing that VCs shouldn’t get preferential treatment, while others say that VCs are welcome, like any entity, to participate in an open ecosystem.
Dapatkan hingga Rp 1.000.000 dengan mendaftar di Pintu, aplikasi terbaik untuk membeli crypto.
1). Download Pintu (bit.ly/pintu_kemana_saja) dan daftar menggunakan referral code: ARISD542
2). Beli atau Jual Crypto apa saja senilai Rp 200.000 dalam 1 transaksi.
3). Kita berdua akan dapat kado bernilai acak sampai dengan Rp !
Today the synthetic asset protocol announced a $12 million dollar fundraise led by venture capital firms Paradigm, Coinbase Ventures, and IOSG. The funds purchased SNX tokens directly from the DAO treasury, and “will contribute where possible by providing liquidity in the form of SNX collateral, and also participate in its rapidly evolving community governance system,” the announcement reads.
“We’re excited about supporting the synthetixDAO as it builds the leading synthetic asset platform,” said Paradigm investment partner Arjun Balaji. “Synthetix has one of the best communities in crypto and we’re glad to be a part of it.”
The investment is notable for being among the first instances of funds investing directly with and through a project governed by a DAO. How VCs interact with DAO-governed protocols has been a hot topic of late, with some arguing that VCs shouldn’t get preferential treatment, while others say that VCs are welcome, like any entity, to participate in an open ecosystem.
Dapatkan hingga Rp 1.000.000 dengan mendaftar di Pintu, aplikasi terbaik untuk membeli crypto.
1). Download Pintu (bit.ly/pintu_kemana_saja) dan daftar menggunakan referral code: ARISD542
2). Beli atau Jual Crypto apa saja senilai Rp 200.000 dalam 1 transaksi.
3). Kita berdua akan dapat kado bernilai acak sampai dengan Rp !
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