• bitcoinBitcoin (BTC) $ 93,671.00
  • ethereumEthereum (ETH) $ 1,780.18
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.26
  • bnbBNB (BNB) $ 604.93
  • solanaSolana (SOL) $ 148.02
  • usd-coinUSDC (USDC) $ 0.999880
  • dogecoinDogecoin (DOGE) $ 0.178481
  • cardanoCardano (ADA) $ 0.702685
  • tronTRON (TRX) $ 0.244808
  • staked-etherLido Staked Ether (STETH) $ 1,778.58
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 93,606.00
  • suiSui (SUI) $ 3.51
  • chainlinkChainlink (LINK) $ 14.60
  • avalanche-2Avalanche (AVAX) $ 21.59
  • stellarStellar (XLM) $ 0.285295
  • leo-tokenLEO Token (LEO) $ 9.08
  • the-open-networkToncoin (TON) $ 3.28
  • hedera-hashgraphHedera (HBAR) $ 0.190632
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • usdsUSDS (USDS) $ 0.999727
  • wrapped-stethWrapped stETH (WSTETH) $ 2,138.13
  • bitcoin-cashBitcoin Cash (BCH) $ 346.34
  • litecoinLitecoin (LTC) $ 85.50
  • polkadotPolkadot (DOT) $ 4.10
  • hyperliquidHyperliquid (HYPE) $ 17.43
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998698
  • bitget-tokenBitget Token (BGB) $ 4.36
  • wethWETH (WETH) $ 1,781.62
  • ethena-usdeEthena USDe (USDE) $ 0.999601
  • moneroMonero (XMR) $ 242.01
  • pi-networkPi Network (PI) $ 0.630772
  • whitebitWhiteBIT Coin (WBT) $ 29.15
  • wrapped-eethWrapped eETH (WEETH) $ 1,899.65
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 93,673.00
  • pepePepe (PEPE) $ 0.000009
  • aptosAptos (APT) $ 5.39
  • uniswapUniswap (UNI) $ 5.50
  • daiDai (DAI) $ 0.999737
  • bittensorBittensor (TAO) $ 358.73
  • okbOKB (OKB) $ 51.80
  • nearNEAR Protocol (NEAR) $ 2.49
  • ondo-financeOndo (ONDO) $ 0.942364
  • official-trumpOfficial Trump (TRUMP) $ 14.70
  • gatechain-tokenGate (GT) $ 22.29
  • internet-computerInternet Computer (ICP) $ 5.05
  • susdssUSDS (SUSDS) $ 1.05
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 31.37
  • aaveAave (AAVE) $ 166.69
  • kaspaKaspa (KAS) $ 0.096309
  • ethereum-classicEthereum Classic (ETC) $ 16.57
  • crypto-com-chainCronos (CRO) $ 0.090696
  • mantleMantle (MNT) $ 0.724985
  • vechainVeChain (VET) $ 0.026443
  • render-tokenRender (RENDER) $ 4.25
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.235860
  • cosmosCosmos Hub (ATOM) $ 4.38
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 93,505.00
  • ethenaEthena (ENA) $ 0.343976
  • algorandAlgorand (ALGO) $ 0.221272
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.709503
  • fasttokenFasttoken (FTN) $ 4.28
  • filecoinFilecoin (FIL) $ 2.73
  • celestiaCelestia (TIA) $ 2.86
  • sonic-3Sonic (prev. FTM) (S) $ 0.516747
  • arbitrumArbitrum (ARB) $ 0.336324
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998017
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.09
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 93,602.00
  • bonkBonk (BONK) $ 0.000019
  • jupiter-exchange-solanaJupiter (JUP) $ 0.463597
  • kucoin-sharesKuCoin (KCS) $ 10.48
  • optimismOptimism (OP) $ 0.776803
  • blockstackStacks (STX) $ 0.842405
  • makerMaker (MKR) $ 1,477.74
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.26
  • xdce-crowd-saleXDC Network (XDC) $ 0.075889
  • nexoNEXO (NEXO) $ 1.12
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,777.96
  • quant-networkQuant (QNT) $ 73.95
  • fartcoinFartcoin (FARTCOIN) $ 1.07
  • flare-networksFlare (FLR) $ 0.016571
  • immutable-xImmutable (IMX) $ 0.577209
  • story-2Story (IP) $ 3.83
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,851.03
  • eosEOS (EOS) $ 0.674529
  • sei-networkSei (SEI) $ 0.200562
  • usdt0USDT0 (USDT0) $ 0.999926
  • injective-protocolInjective (INJ) $ 9.73
  • the-graphThe Graph (GRT) $ 0.097954
  • wbnbWrapped BNB (WBNB) $ 604.24
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999070
  • paypal-usdPayPal USD (PYUSD) $ 0.999986
  • curve-dao-tokenCurve DAO (CRV) $ 0.652391
  • raydiumRaydium (RAY) $ 2.92
  • bitcoin-svBitcoin SV (BSV) $ 42.61
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,022.27
  • tether-goldTether Gold (XAUT) $ 3,315.98
  • jasmycoinJasmyCoin (JASMY) $ 0.016696
  • iotaIOTA (IOTA) $ 0.215981
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 92,828.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • walrus-2Walrus (WAL) $ 0.633060
  • pax-goldPAX Gold (PAXG) $ 3,316.08
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012522
  • coredaoorgCore (CORE) $ 0.761591
  • lido-daoLido DAO (LDO) $ 0.840058
  • heliumHelium (HNT) $ 4.14
  • msolMarinade Staked SOL (MSOL) $ 190.68
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 163.27
  • dexeDeXe (DEXE) $ 13.08
  • flokiFLOKI (FLOKI) $ 0.000077
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 93,666.00
  • galaGALA (GALA) $ 0.016493
  • clbtcclBTC (CLBTC) $ 93,215.00
  • the-sandboxThe Sandbox (SAND) $ 0.294776
  • theta-tokenTheta Network (THETA) $ 0.712396
  • bittorrentBitTorrent (BTT) $ 0.00000072
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,893.53
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.05
  • kaiaKaia (KAIA) $ 0.113563
  • usual-usdUsual USD (USD0) $ 0.998001
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.01
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998865
  • flowFlow (FLOW) $ 0.396086
  • chain-2Onyxcoin (XCN) $ 0.018778
  • dogwifcoindogwifhat (WIF) $ 0.612227
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.34
  • based-brettBrett (BRETT) $ 0.061394
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.12
  • movementMovement (MOVE) $ 0.235510
  • decentralandDecentraland (MANA) $ 0.307929
  • tezosTezos (XTZ) $ 0.551096
  • jito-governance-tokenJito (JTO) $ 1.76
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,862.79
  • solayerSolayer (LAYER) $ 2.66
  • pyth-networkPyth Network (PYTH) $ 0.151418
  • spx6900SPX6900 (SPX) $ 0.577253
  • deepDeepBook (DEEP) $ 0.212089
  • pendlePendle (PENDLE) $ 3.29
  • zcashZcash (ZEC) $ 32.47
  • mantra-daoMANTRA (OM) $ 0.538296
  • telcoinTelcoin (TEL) $ 0.005493
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008775
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 1.00
  • true-usdTrueUSD (TUSD) $ 0.998266
  • kavaKava (KAVA) $ 0.456119
  • dydx-chaindYdX (DYDX) $ 0.642235
  • ubtcuBTC (UBTC) $ 94,865.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.598135
  • beldexBeldex (BDX) $ 0.067250
  • elrond-erd-2MultiversX (EGLD) $ 17.05
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 93,683.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.397815
  • thorchainTHORChain (RUNE) $ 1.32
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999880
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,861.41
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.178215
  • pumpbtcpumpBTC (PUMPBTC) $ 88,505.00
  • grassGrass (GRASS) $ 1.64
  • ecasheCash (XEC) $ 0.000023
  • neoNEO (NEO) $ 6.17
  • arweaveArweave (AR) $ 6.62
  • starknetStarknet (STRK) $ 0.148699
  • ousgOUSG (OUSG) $ 110.83
  • tbtctBTC (TBTC) $ 93,533.00
  • apenftAPENFT (NFT) $ 0.00000042
  • apecoinApeCoin (APE) $ 0.519726
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,780.78
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • matic-networkPolygon (MATIC) $ 0.235860
  • usdbUSDB (USDB) $ 1.00
  • axie-infinityAxie Infinity (AXS) $ 2.49
  • berachain-beraBerachain (BERA) $ 3.62
  • conflux-tokenConflux (CFX) $ 0.076925
  • chilizChiliz (CHZ) $ 0.041012
  • wormholeWormhole (W) $ 0.085711
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,894.17
  • super-oethSuper OETH (SUPEROETHB) $ 1,780.27
  • compound-governance-tokenCompound (COMP) $ 42.33
  • justJUST (JST) $ 0.037713
  • beam-2Beam (BEAM) $ 0.007111
  • popcatPopcat (POPCAT) $ 0.374034
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,780.26
  • olympusOlympus (OHM) $ 21.64
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,773.76
  • saros-financeSaros (SAROS) $ 0.131642
  • usddUSDD (USDD) $ 1.00
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000063
  • roninRonin (RON) $ 0.555373
  • amp-tokenAmp (AMP) $ 0.004035
  • sun-tokenSun Token (SUN) $ 0.017670
  • plumePlume (PLUME) $ 0.169005
  • turboTurbo (TURBO) $ 0.004864
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.806575
  • axelarAxelar (AXL) $ 0.352461

MetaDAO Hires Futarchy’s Creator Robin Hanson as Advisor

0 14

MetaDAO Hires Futarchy's Creator Robin Hanson as Advisor

MetaDAO’s push to revolutionize governance via markets-based decision-making is getting a boost from the creator of its creed: Robin Hanson.

The crypto group on Thursday hired Hanson – a George Mason University economics professor who created the notion of futarchy a quarter century ago – as a paid advisor. His addition gives an intellectual and likely optical edge to the year-old project that commands a throng of Solana crypto-governance wonks.

Futarchy rests on the premise that markets are better at determining optimal outcomes than politicians or even their voters – the popular power centers of modern politics. Futarchaic systems of governance look more like a prediction market than a ballot box.

How it works, at least in metaDAO’s version, is perhaps best understood by examining the way metaDAO addressed the question, “Should MetaDAO hire Robin Hanson as an advisor?” To do so, the project spun up markets where traders could speculate on the price of META tokens if Hanson were to be hired, and if he weren’t.

Hanson is being hired because MetaDAO traders pushed the price of META higher in the scenario where he was brought on board. Essentially, that his participation would be more beneficial to the project than his absence, and well worth the 20.9 META ($24,000) he’ll be paid over two years.

Hanson’s not in it for the money but rather the “glory.” He devised futarchy because he believes governance is fundamentally broken. In his mind, and MetaDAO’s, markets where people have a financial incentive to make good decisions reach better outcomes than political systems do

“If we could actually have a better governance mechanism, we could change the world,” he said.

The pseudonymous co-founder of MetaDAO, who goes by Proph3t, has been talking with Hanson about their creation’s design for at least a year. Proph3t brought the effort to formally hire Hanson before MetaDAO earlier this week.

His work will “primarily be mechanism design and strategy advice,” according to the proposal page. It may also see Hanson co-author blog posts with MetaDAO about “new futarchic mechanisms.”

MetaDAO debuted at last year’s Solana hacker house mtnDAO in Salt Lake City. It was a hit among the crypto builders there who froze work on their own projects to trade its decision markets en masse. MetaDAO’s governance markets have since been adopted by a growing number of projects in the Solana ecosystem, including Jito.

MetaDAO isn’t the only futarchy-focused project that Hanson is engaging with, but he said its the farthest-along public effort. Crypto adherents are especially open to futarchy because it aligns with the innovation-tinged stories that he said they tell themselves when grasping for the meaning behind their wealth.

“When people make money in the world they need to tell themselves a story about why they made the money,” Hanson said, “crypto people tell themselves it’s their insight to potential innovation and changing the world.”

Source

Leave A Reply

Your email address will not be published.