The two protocols will collaborate on a joint platform that will combine the best features of each. Decentralized exchange Balancer and decentralized finance platform Gnosis have announced today a planned integration dubbed the Balancer-Gnosis-Protocol, a collaboration that will combine Balancer’s v2 pool mechanisms with Gnosis’s DEX aggregation and batch auctions designed to mitigate miner extractable…
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The SafeSnap platform allows executing Snapshot governance votes automatically. Gnosis and Snapshot have collaborated to develop SafeSnap, a product that allows for automatically executing successful governance votes on Snapshot. The module, which combines features of Gnosis Safe Multisig and the Snapshot off-chain governance platform, was released on Tuesday. Snapshot is a “governance-as-a-service” provider for a…
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Chainlink is rolling out support for xDai, a layer-two sidechain whose perceived centralization hasn’t stopped major DApp players. Chainlink (LINK) oracles have made their way to xDai, an Ethereum sidechain that has seen growing adoption among DApp developers who cannot afford to stay on the Ethereum mainnet. As announced by Chainlink on Thursday, its price…
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The Gnosis safe now contains the third-largest concentration of Ether, according to Etherscan, holding 2.2% of the coin supply — worth $2.9 billion. Decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multisignature storage safe received a deposit of 1,500,000 ETH on Thursday — worth over $1.7 billion at the…
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