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1inch Foundation Upgrades Governance FrameworkThe 1inch Network’s governance framework will have many of the hallmarks of Ethereum-based projects in a move that prioritizes user experience and broader network participation. 1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process. On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol launched back in December 2020. Instant governance gave 1inch token stakers the ability to vote on changes to protocol parameters. 1inch Network Governance is described as “a system similar to that of many other leading Ethereum-based projects,” including a user-friendly process for proposing protocol improvements. “Unlike instant governance, which is focused on protocol parameters, the 1inch Network Governance will be focused on major improvements that would make a difference for the entire 1inch ecosystem and, possibly, for the DeFi space at large,” the Foundation said. Users can participate in the governance process by visiting the 1inch public forum and selecting a subcategory for their proposal. The proposal process consists of three stages: Discussion, formalization and snapshot. It’s during the snapshot stage that off-chain voting for the proposal will be completed. All 1INCH token holders, and not just stakers, will be able to participate.
by Skyrexio
1
BTC between EMA 21 and EMA 200, easy now...We are in a crucial decision moment for BTC. I am showing all those gaps to make sure you guys understand that we can still go lower if we can`t break that triangle at 50k and make a support over it. We are also still inside that pitch fork that comes from the 64k top, not breaking it in the next hours could indicate another leg down if the 21 EMA can`t hold the price at 37k. Make the right decision, don´t let your emotions play you. Have a good one guys, we will eventually go to the moon, just don`t get greedy.
BITSTAMP:BTCUSD
by ViniciusBaccelli
1
Will 1INCH reach 300% in 14 days?Hello guys! I want to make you aware that 1INCH/USDT has successfully broken the $4 resistance level twice so far today! The coin broked the 3.3 one two days ago drawing a beautiful double bottom patterns and next to it, a bullish channel. The only thing reducing my hopes for it to reach 8.27 in less than two weeks is the high RSI level. What do you think traders? Would you tell us in the comments. Wish you all a good trading day! Time frame: 4H
Long
by belkhiriamokhtar
5