Foresight News reports that the DeFi protocol Fluid community has proposed “Establishing the Fluid Foundation.” The proposal includes founding the Fluid Foundation and transferring all intellectual property rights of the Fluid protocol to the foundation, which will be governed under a DAO governance system. The transfer of intellectual property rights and related legal work are expected to be completed by mid-2026. It is approved to allocate $250,000 per month from the DAO treasury to fund the foundation, supporting the protocol’s daily operations, technical development, and business expansion.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Developers Outline Plan to Protect Network From Quantum Threats
Gate News message, April 28 — Solana Foundation's core development teams, Anza and Jump Crypto's Firedancer, have agreed on a post-quantum cryptography solution using the Falcon digital signature scheme, according to CoinDesk. The teams have already begun building an early version of the
GateNews11m ago
MARA Foundation Established to Support Bitcoin Long-Term Health, Focusing on Quantum Resilience and Security Budget
Gate News message, April 28 — MARA CEO Peter Thiel announced the formation of the non-profit MARA Foundation on Monday, representing the firm's strategic commitment to supporting the long-term health, resilience, and adoption of the
GateNews29m ago
Sky Announces Laniakea, Institutional-Grade On-Chain Capital Allocation Infrastructure
Gate News message, April 27 — Sky Protocol announced the development of Laniakea, a standardized infrastructure framework designed for institutional-scale capital deployment on its Sky Agent Network. The protocol currently manages over $11 billion in USDS circulation and generates yield through
GateNews40m ago
ZetaChain GatewayEVM Contract Exploited, Cross-Chain Transactions Halted
Gate News message, April 27 — ZetaChain announced that its GatewayEVM contract was exploited on April 28, affecting only internal team wallets. The team has sealed off the attack vector to prevent further fund loss, and no user funds were impacted by the incident.
As a precautionary measure, ZetaCh
GateNews40m ago
Sky Proposes Treasury Management Overhaul as Genesis Capitalization Phase Ends
Gate News message, April 27 — Sky, the decentralized finance (DeFi) lending protocol formerly known as MakerDAO, has proposed streamlining its Treasury Management Function (TMF) following the formal conclusion of its founding capital deployment phase. Founder Rune Christensen announced in a forum po
GateNews5h ago
Pavel Durov Says TON Fees Will Drop 6x Targeting Near-Zero Costs
TON reduces transaction fees sixfold to near-zero levels, shifting to fixed pricing independent of network congestion.
Upgrade boosts speed and finality, enabling faster, cheaper transactions compared to Ethereum, Bitcoin, and Solana.
Lower costs support microtransactions and apps,
CryptoFrontNews6h ago
