Express

DeFi Insurance Project Cover Protocol Launches Governance Portal

Amy Liu

Summary: Cover Protocol (COVER), a DeFi insurance project, announced the launch of a governance portal, where users can conduct governance by proposing improvement proposals and voting on Gauge. Specifically, community members can create topics on the Cover Protocol forum to make proposals, which can be discussed and voted on before uploading to Snapshot. After that, the ...

Cover Protocol (COVER), a DeFi insurance project, announced the launch of a governance portal, where users can conduct governance by proposing improvement proposals and voting on Gauge. Specifically, community members can create topics on the Cover Protocol forum to make proposals, which can be discussed and voted on before uploading to Snapshot. After that, the proposal creator can contact team members and add it to snapshot.page as a core proposal. Or, community members can add if they have more than 10 COVER tokens. After the Snapshot vote is passed, the team will implement the decision 48 hours later. To govern through Gauge voting, community members can vote on the COVER shield mining rewards for the next period (about 7 days) on the governance portal.

By Amy Liu

Last Update:

Tags: ,,
Link: DeFi Insurance Project Cover Protocol Launches Governance Portal   [Copy]
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 4 days ago
  • Is the Crypto Bull Market Over? 5 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 6 days ago
  • The Endgame of Layer 2s, Explained 9 days ago
  • The Bitcoin Halving is Complete! What’s Next? 16 days ago
  • You need to login to comment.