Express

Social Token Protocol Rally's Decentralization Proposal Was Voted Unanimously

Mary Liu

Summary: The decentralization proposal of the social token platform Rally was unanimously voted by RLY holders. The proposal was submitted last week, voting attracted 36 participants, and the person in charge of the platform regarded the new organizational structure as an "important step" towards complete decentralization. Based on this proposal, Rally will be divided into a ...

The decentralization proposal of the social token platform Rally was unanimously voted by RLY holders.

The proposal was submitted last week, voting attracted 36 participants, and the person in charge of the platform regarded the new organizational structure as an "important step" towards complete decentralization.

Based on this proposal, Rally will be divided into a risk studio (SuperLayer Labs), decentralized autonomous organizations (DAO), a non-profit organization, entities focused on Asia, and Rally headquartered in the United States. 

Each branch will receive millions of dollars in crypto funds from Rally's treasury. 

By Mary Liu

Last Update:

Tags: ,,,
Link: Social Token Protocol Rally's Decentralization Proposal Was Voted Unanimously   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 9 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 16 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 20 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 23 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 27 days ago
  • You need to login to comment.