Introducing “The DAO News Section,” your go-to source for the latest news and analysis on Decentralized Autonomous Organizations (DAOs). Our team of experienced journalists is dedicated to providing comprehensive coverage of the rapidly evolving world of DAOs, from the latest developments in technology to the impact of these innovative organizations on various industries and communities.
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DebtDAO, a decentralized finance (DeFi) platform, has announced that it will burn 18 million FTX user debt tokens (UDT) in a move aimed at reducing the overall supply of UDT in circulation. The burn will take place on February 15th and is part of DebtDAO’s ongoing efforts to increase the scarcity and value of UDT. …
