Latest news with #DAO
Yahoo
a day ago
- Business
- Yahoo
Solana DEX Jupiter Pauses DAO Votes, Citing Breakdown in Trust
Solana-based decentralized exchange (DEX) Jupiter has announced that it will pause DAO votes until the end of 2025, stating that the structure is not "working as intended." Jupiter executive Kash Dhanda explained in an X post that the protocol is in a "critical period" and that the "window to define the future of DeFi is open." In order to capitalize on that window, Dhanda said that all DAO votes will be paused and in 2026 governance will return "with a fresh approach that unifies, rather than divides." "The current DAO structure isn't working as intended," he added. "We hear the complaints. We see the breakdown in trust. We feel the perpetual FUD cycle that grows with every vote. Instead of the DAO, holders, and team working in cohesion to push the product, platform and community forward, we are stuck in a negative feedback loop." The decision mirrors that of Yuga Labs, which earlier this month scrapped its ApeCoin DAO structure due to inefficiency. From a logistical standpoint, active staking rewards (ASR) will continue at the same rate of 50 million JUP per quarter. However no new DAO-funded Work Groups will be created, thus no additional emissions will be created either. One investor voiced their concerns to the tweet, saying: "So $JUP in 2025 is useless except staked for ASR?" To which Dhanda replied "stay tuned on that." JUP has lost 21.8% of its value over the past 30 days as the wider crypto market struggles to break out of a fairly tight range. The news didn't have a major impact on prices on Friday, with JUP trading at 40 in to access your portfolio
Business Upturn
3 days ago
- Business
- Business Upturn
QBI Token Leads the Digital Engine of AI and Fintech Integration: Quantivision Business Institute Takes a Key Step in Global Cloud Deployment
By GlobeNewswire Published on June 18, 2025, 18:31 IST San Diego, USA, June 18, 2025 (GLOBE NEWSWIRE) — As the global financial market accelerates towards a new era of intelligence and decentralization, Quantivision Business Institute (QBI) is reshaping fintech education and asset management through forward-thinking educational concepts and technological innovation. As a pioneering institution in global fintech education, QBI officially announces that its core asset—the QBI Token—will be listed on mainstream exchanges on September 1, 2025, marking a historic step in the integration of AI and fintech. QBI Token: The Core Engine for the New Era of Intelligent Finance Launched in 2022 by QBI's founder, the QBI Token has become a key driver of the intelligent finance ecosystem due to its extensive applications in education, research, and industry collaboration. The token's price surged from an initial $0.08 to $5 by May 2025, representing a cumulative increase of over 60 times, reflecting the market's high recognition of its model and vision. On May 28, 2025, QBI officially launched its lock-up and market capitalization management plan and announced its global trading platform strategy, enhancing token liquidity and global coverage through cloud deployment, solidifying its leading position in the Web3 finance sector. Five Core Application Scenarios: Building an Integrated Ecological Loop The QBI Token is not just a payment tool; it is a comprehensive digital asset that integrates governance, research, and asset incubation, fully covering the following core scenarios: · Educational Ecosystem Development: Users can use QBI Tokens to pay for courses, boot camps, and seminars and receive token rewards upon completion of learning projects. Blockchain-based on-chain certification technology ensures global verification of degrees and achievements. Users can use QBI Tokens to pay for courses, boot camps, and seminars and receive token rewards upon completion of learning projects. Blockchain-based on-chain certification technology ensures global verification of degrees and achievements. · Community Governance and Global Alumni Interaction: Token holders can participate in DAO governance, influencing course development and resource allocation. Over 100,000 QBI alumni use tokens to co-build projects, engage in financing, and participate in QBI Club activities, creating a decentralized community network. Token holders can participate in DAO governance, influencing course development and resource allocation. Over 100,000 QBI alumni use tokens to co-build projects, engage in financing, and participate in QBI Club activities, creating a decentralized community network. · Supporting AI Trading and Research Innovation: QBI Tokens fund AI strategy development and upgrades to the MindArc 5.0 intelligent trading engine, facilitating DeFi model innovation. Researchers can exchange technical achievements for token rewards, promoting cutting-edge research implementation. QBI Tokens fund AI strategy development and upgrades to the MindArc 5.0 intelligent trading engine, facilitating DeFi model innovation. Researchers can exchange technical achievements for token rewards, promoting cutting-edge research implementation. · Assetization of Academic Achievements: Academic papers, trading strategies, and teaching content can be traded as intellectual property using tokens, empowering students and researchers to initiate on-chain project incubation and financing. Academic papers, trading strategies, and teaching content can be traded as intellectual property using tokens, empowering students and researchers to initiate on-chain project incubation and financing. · Connecting Global Fintech Resources: Tokens serve as a bridge connecting QBI with partner companies like Goldman Sachs and Google DeepMind, establishing joint laboratories and supplying high-end AI financial talent to enterprises. Tokens serve as a bridge connecting QBI with partner companies like Goldman Sachs and Google DeepMind, establishing joint laboratories and supplying high-end AI financial talent to enterprises. Technological and Ecological Advantages: Building Global Trust The QBI Token is widely popular due to its ecological design and practical applications, featuring the following significant advantages: · High Practicality: Encompassing multiple ecological scenarios in education, research, governance, and trading, trading activity increased by 50% year-on-year in 2024. · Great Growth Potential: The token's value has increased over 60 times in just three years, with lock-up and global listing plans expected to further boost its market capitalization. · Security and Compliance: Utilizing MindArc 5.0 encryption and MEV protection technology ensures transaction security, adhering to international compliance standards such as FATF, SEC, and MiCA. · Broad Ecosystem: Supported by 100,000 global alumni and partnerships with top institutions like Harvard, Stanford, and Goldman Sachs, resource integration advantages are significant. · Innovation-Driven: Testing data shows that MindArc 5.0 users achieved a weekly return of 211.20%, with total value locked (TVL) exceeding $100 million, highlighting the token's actual impact on AI innovation. The QBI Token is widely popular due to its ecological design and practical applications, featuring the following significant advantages: Looking to the Future: From Utility Token to Assetized Equity In the future, the QBI Token plans to gradually transform into an assetized token with equity attributes, opening new pathways for IPOs in the Web3 sector. QBI aims to 'give market value to every academic achievement, allowing every quantitative talent to have capital support.' Through deep integration with the AI engine MindArc 5.0, it seeks to build the infrastructure for a global AI finance ecosystem. Join QBI: Share in the Global Fintech Wave The QBI Token is not just a digital asset; it is a ticket to enter the global intelligent finance era. QBI will reshape the landscape of financial education and wealth or email [email protected] to join the QBI global ecosystem and step into the new era of intelligent finance together! Media ContactCompany Name: Quantivision Business Institute (QBI)Contact: Neill AldridgeWebsite: Email: [email protected] Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Time of India
08-06-2025
- Business
- Time of India
Gumla farmers to get high-yield pulses seeds
Gumla: The district agriculture department will high-yield varieties of pulses among the farmers during the kharif season this year. The move, officials said, is aimed at reducing the dependency on the import of pulses, ensuring soil fertility through nitrogen fixation and raising the income of farmers by covering fallow and barren lands. Tired of too many ads? go ad free now The department has planned to grow high yield Pant Arhar -6 variety across 500 hectares and Kota Urad- 6 in 760 hectares during this monsoon season. "A total of 2,500 mini kits seeds weighing 4 kg of Arhar are to be distributed along with 3,800 mini kits of Urad," Ajit Kumar, technical advisor to the district agriculture department, said. District agriculture officer (DAO) Vijay Kujur said, "These two new varieties of pulses will not only raise the production but also replace the traditional varieties which are less yielding types. Once the farmer will grow these two varieties of seeds, they can use the harvest as seeds for at least next three years." The district has a total 2.436 lakh hectares of cultivable land. Of the total, pulses are grown in around 30,000 hectares, officials said. The department has also planned to distribute VL 379 variety of finger millet for its cultivation in 1360 hectares, the officials added. Gumla: The district agriculture department will high-yield varieties of pulses among the farmers during the kharif season this year. The move, officials said, is aimed at reducing the dependency on the import of pulses, ensuring soil fertility through nitrogen fixation and raising the income of farmers by covering fallow and barren lands. The department has planned to grow high yield Pant Arhar -6 variety across 500 hectares and Kota Urad- 6 in 760 hectares during this monsoon season. "A total of 2,500 mini kits seeds weighing 4 kg of Arhar are to be distributed along with 3,800 mini kits of Urad," Ajit Kumar, technical advisor to the district agriculture department, said. Tired of too many ads? go ad free now District agriculture officer (DAO) Vijay Kujur said, "These two new varieties of pulses will not only raise the production but also replace the traditional varieties which are less yielding types. Once the farmer will grow these two varieties of seeds, they can use the harvest as seeds for at least next three years." The district has a total 2.436 lakh hectares of cultivable land. Of the total, pulses are grown in around 30,000 hectares, officials said. The department has also planned to distribute VL 379 variety of finger millet for its cultivation in 1360 hectares, the officials added.
Yahoo
06-06-2025
- Business
- Yahoo
Yuga Labs Proposes Scrapping ApeCoin DAO, Launching ApeCo
Yuga Labs CEO Greg Solano filed an Ape Improvement Proposal titled 'Sunsetting the DAO and Launching ApeCo' in a pitch to wind down the two-year-old decentralized autonomous organization and pass its assets to a new entity to "supercharge the APE ecosystem.' Solano called the DAO 'sluggish, noisy, and often unserious governance theater' that funds 'vanity proposals and low-impact initiatives.' A leaner vehicle controlled by Yuga Labs, he argued, can 'eliminate gridlock' and push capital only to 'high-caliber projects' across three pillars: ApeChain, Bored Ape Yacht Club and Otherside, Yuga's metaverse bet. Under the plan, ApeCo would first top up the staking contract with 11.25 million APE ($8.3 million), reserve 10 million APE for legal and transition costs, then swallow everything else in the Foundation treasury — from tokens and domains to smart contracts. All active governance powers, working groups and future AIPs would be removed if the proposal is passed. At this stage, the post is only a temperature check, as a formal on-chain vote must follow before the dismantling begins. If passed, ApeCo would begin by funding staking, shuttering DAO infrastructure and rerouting every last APE into its new war chest — marking an end to one of crypto's most high-profile NFT-focused governance structures. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
30-05-2025
- Business
- Globe and Mail
Bedroom Trader OLI (OLI) Is Now Available for Trading on LBank Exchange
Road Town, British Virgin Islands--(Newsfile Corp. - May 30, 2025) - LBank Exchange, a globally leading digital asset trading platform, is pleased to announce the listing of Bedroom Trader OLI (OLI). The OLI/USDT trading pair will be available soon at inviting users around the world to embrace a new form of crypto lifestyle-one built on accessibility, humor, and community-first governance. To view an enhanced version of this graphic, please visit: As crypto continues to evolve beyond financial speculation into culture and identity, OLI is redefining what it means to be a trader. Born from meme culture and governed by its holders, Bedroom Trader OLI is for anyone who's ever checked charts from their bed, placed trades on their phone, or joined Telegram groups in their pajamas. It's not just a coin—it's a movement. Bedroom Trader OLI: A Relatable, Meme-Driven Crypto Community Bedroom Trader OLI celebrates the everyman of Web3—the casual yet passionate market participant who navigates volatile markets with little more than a Wi-Fi connection and ambition. The project prioritizes inclusivity, culture, and community engagement through an accessible design ethos and transparent governance model. At its core, OLI is more than a meme. It's an ecosystem where each wallet matters. DAO voting lets users guide decisions, while memes and humor power the spirit of the brand. With no centralized gatekeepers and no elite barrier to entry, OLI invites everyone to shape its future—one token, one voice, one vote at a time. Traders can participate in the community not only through ownership but also through creative expression, social interaction, and regular events that incentivize participation. From newcomers learning the ropes to degens running alpha groups, all are welcome in OLI's bedroom-built movement. Tokenomics The OLI token introduces an adaptive, community-driven issuance model, where monthly token supply reflects the ecosystem's level of engagement and wallet activity. Key Details: Token Name: Bedroom Trader OLI Token Symbol: OLI Blockchain: Solana Supply Model: Monthly issuance based on active wallet count Monthly Range: 50 to 150 billion OLI per month Distribution Structure: 50% to Token Holders At the end of each month, OLI held across all wallets is assessed, and half of the newly issued tokens are equally distributed to all holders, regardless of wallet size. This egalitarian model incentivizes participation and wallet retention rather than concentration. 50% to Ecosystem Development The other half supports: Community airdrops and engagement campaigns Marketing and branding initiatives Strategic partnerships Liquidity provisioning Development and operational expenses This responsive, activity-based model ensures that OLI's supply expands in tandem with community interest, avoiding unnecessary inflation while aligning token dynamics with real participation. The result is a self-adjusting, people-powered economy that evolves with the pace of its users. Learn More about Bedroom Trader OLI Website: Start Trading Now: Community & Social Media: Telegram Twitter Facebook LinkedIn Instagram YouTube Press contact: press@ Business Contact: LBK Blockchain Co. Limited LBank Exchange marketing@ business@ To view the source version of this press release, please visit
