TechFlow reported, according to the Snapshot governance page, that DeFi yield aggregator Gro DAO has passed a proposal to "dissolve the DAO and cease protocol operations" with 70.95% support, providing stakeholders with a clear exit strategy.
The next steps will include extending Groda by three months (from October 3 to January 3) to focus on dissolving the DAO and shutting down protocol operations, with a budget of 180,000 USDC. Users may withdraw assets from GVT, PWRD, and Pools at any time (indefinitely).
Add to Favorites
Share to Social Media
