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Morning Edition · Sunday, June 28, 2026Published at 6:27 AM EDT · New York
A $223 Million DAO Vote Turns Governance Into a Redemption Window
GnosisDAO approved a one-time treasury payout that lets token holders surrender governance tokens for a share of the treasury, which erases the distinction between governing the protocol and withdrawing money from it.
GnosisDAO, the decentralized autonomous organization (DAO) that governs the Gnosis ecosystem, passed a proposal authorizing a one-time, proportional redemption of its treasury, CryptoSlate reported. Holders of the GNO governance token can s…
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