Ren DAO Votes to Approve Proposal Regarding Setting up Ren Foundation and Minting New Ren Tokens

The Ren DAO has approved the proposal regarding setting up a Ren Foundation and minting new Ren tokens to it through voting. The results of the vote for minting 200 million, 150 million, 100 million and 50 million tokens were 80.78%, 1.08%, 2.05% and 10.97%, respectively. 

According to the proposal, the weighted average of the voting power allocated towards above options will be the final amount to be minted to the Ren Foundation.

Source

DeFi

Cross-Chain

Governance

In This Article

Related News
Daily Market Wrap | Apr. 02 Daily Market Wrap | Apr. 02
Daily Market Wrap | Mar. 20 Daily Market Wrap | Mar. 20
Daily Market Wrap | Feb. 17 Daily Market Wrap | Feb. 17
Daily Market Wrap | Jan. 27 Daily Market Wrap | Jan. 27
Daily Market Wrap | Jan. 13 Daily Market Wrap | Jan. 13
Latest News More More
Daily Market Wrap | Apr. 07
4 Days Ago Daily Market Wrap | Apr. 03
5 Days Ago Daily Market Wrap | Apr. 01
6 Days Ago Daily Market Wrap | Mar. 31
March 30 Daily Market Wrap | Mar. 30
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open