Karpatkey DAO Spin-Off From Gnosis
GIP-92 aims to establish Karpatkey as a spin-off DAO from Gnosis, alongside its own governance token KPK.
Quick Take
- Karpatkey proposes spin-off DAO.
- Yuga Labs acquires PROOF Collective.
- Optimism opens mission grant applications.
- Uniswap to launch on Zora Network.
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Karpatkey DAO Spin-Off From Gnosis
Karpatkey, a DAO treasury risk manager, proposed Gnosis Improvement Proposal 92, aiming to establish Karpatkey as a spin-off DAO from Gnosis, alongside its own governance token, KPK. The move mirrors the successful spin-offs of sister projects CowDAO and SafeDAO. KPK holders would influence treasury management strategies. As part of the proposal, GnosisDAO, along with early contributors, team members, and as well as an airdrop, would be allocated KPK tokens. Karpatkey offers financial services, including yield farming and portfolio diversification, to prominent DeFi projects such as CoW Protocol, ENS, Gnosis, Balancer, Aave, and Lido Finance.
Optimism Opens Mission Grant Applications
Optimism is now accepting applications for token house missions, which are initiatives that OP delegates approved to be funded. A total of 6.8 million OP tokens are available across 27 approved missions. Optimism users and developers are encuoraged to apply for grants through the Grants Council forum on Charmverse. The deadline for the first round of grant applications closes on February 21st, with selections finalized by March 27th. The second round of grants will begin on March 14th, with selections finalized by May 7th. Token House missions aim to further the four collective intents for Optimism Season 5 Governance, which now includes initiatives for OP Stack chains that are part of the Superchain.
Yuga Labs Acquires PROOF Collective
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFTs, has acquired the PROOF Collective, along with the Moonbirds NFT collection. This acquisition includes the PROOF team and intellectual property of the collection. Kevin Rose, the founder of PROOF Collective, will transition into an advisory role for the project. The move follows a period of declining floor prices for Moonbirds over the last year. Yuga Labs plans to integrate the Moonbirds collection into its Otherside Metaverse, a web3 virtual universe that offers personalized gaming avatars tied to its NFT collections. Yuga Labs is also the owner of the CryptoPunks and Meebits NFT collections.
Uniswap To Launch On Zora Network
Zora announced that Uniswap will launch on Zora Network, enhancing liquidity and infrastructure for ERC-20 tokens on the network. Zora Network is an NFT-focused Layer 2 network built on the OP Stack. The optimistic rollup has amassed a TVL of $13 million since its launch in June 2023. Uniswap marks the first DEX to support the network.
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