Lido Vote #214 Passes As Dual Governance Moves Onto Ethereum Mainnet

TL;DR Lido DAO Vote #214 has passed with 58.2 million LDO participating in favor. The vote implements Dual Governance V1 parameters, giving stETH holders a new mechanism to contest certain governance actions. The associated emergency governance delay has been extended to 14 days. Lido’s long-running effort to give stETH holders more influence over protocol governance […]

Grayscale Files for Zcash Income ETF With Planned Biweekly Payouts

Grayscale has filed for a zcash income ETF that would use options to pursue payments every two weeks. The proposed fund would offer indirect exposure to ZEC, but its income strategy could limit gains when zcash rises. New Fund Would Use Options on Grayscale’s Zcash ETF Investors seeking income tied to zcash could get a […]