DEX aggregator OpenOcean announced the launch of OpenOcean DAO, which aims to democratize power and allow the community to have their say. Users can stake $OOE to get $xOOE on a 1:1 basis, which allows them to vote in the DAO. Only users who hold at least 12,000 $xOOE are allowed to submit proposals. $xOOE can't be traded or transferred, but stakers can get rewards.
DeFi
DEX
DAO
Governance
Get the most concise crypto news, research, and insights by subscribing to our free newsletter.