Opium Network Launches Latest DeFi Token and New Distribution Model

Another day, another Decentralized Finance (DeFi) token. The latest one to join the lengthening list of governance tokens is Opium Network, which announced a new distribution model for its OPIUM token.

Opium is a synthetic derivatives platform that launched its exchange in May 2020.

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The Merits and Pitfalls of Decentralized Autonomous Organizations – BeInCrypto

One of the most complex and useful aspects of blockchain technology is its ability to achieve consensus in a decentralized system. Ensuring synchrony in distributed systems is not easy, and even the smallest timestamp inconsistency can lead to the chain splitting in half.

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Uniswap’s First Governance Proposal Led by Dharma Set to Be Approved – BeInCrypto

Uniswap’s first governance proposal following the launch of its governance token is set to be approved. While opposed by some, the community largely favors the change, which is expected to increase the participation rate.

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The Dharma DeFi Dilemma: Is Uniswap Becoming More Centralized? – BeInCrypto

DeFi protocol Uniswap is currently undergoing its first governance vote but the outcome may give more power to UNI whales. This reduces its decentralized properties according to normal cryptocurrency standards.

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