The Protocol: Elections, Schmections. Blockchain's Got Work to Do
CoinDesk reports that community members of MakerDAO are voting on whether to de-brand from Sky, following a lukewarm reception to the rebranding. Ethereum Foundation researchers Dankrad Feist and Justin Drake resigned from advisory roles at EigenLayer due to perceived conflicts of interest. World Liberty Financial, backed by Donald Trump, is terminating token sales after failing to meet a $300 million fundraising goal, with only $15 million raised. Coinbase CEO Brian Armstrong's claim of free listings sparked protests from project leaders, while Bitget opened a new listing application portal emphasizing no fees. The Optimism Foundation is leading in layer-2 blockchain development, incentivizing new networks with OP token grants. A Binance Research report highlights the rise of memecoins, noting their market share has doubled to 11%. SenseiNode, a staking-as-a-service provider, ranks 14th in assets under management among staking firms.
