DAOUSDT
DAO Maker / Tether USD
crypto Composite

I edited the post after reading your reply, and replaced "stole" with "took" and removed "under the disguise of a DAO vote". But it sure does feel like theft to the ada suppliers.

The next airdrop from Charles Hoskinson will be this year, called RealFi. It's a project that makes it possible for business owners in Africa to get loans without predatory interest. The proceeds will be used to buy back ADA. I don't know exactly where the RealFi tokens come into play in this process, but it's free tokens and thus free money for ADA holders.
The same distribution mechanism will be used as was used for NIGHT tokens: the Glacier Drop. I expect a snapshot of ADA holdings to be taken in or around Q2-Q3, based on everything Charles has said about it in his AMAs.
Please be aware that deploying your ADA in Cardano DeFi does NOT guarantee you will receive your airdrop.
For example, the largest lending and borrowing dApp on Cardano stole (without shame) the NIGHT airdrop from ADA suppliers under the disguise of a DAO vote, after promising multiple times they would distribute 100% of it to ADA suppliers. The largest DEX on Cardano, Minswap, tried it as well but afaik didn't succeed.
So just be aware of this risk, that's all I want to share. I personally won't use Liqwid Finance ever again.

Ideally set tokens in a platform to earn some yield. A platform that doesn't promise users one thing publicly multiple times and then change it later down the line based on a DAO vote. May move out of cardano or move purely into a LP strategy. I prefer borrow/lending platforms for security against impermenant loss but do have some lp positions. Currently looking at the other borrow/lending options on Cardano but prefer the AAVE style and Liqwid was closest to it.

I guess a summary to save people digging:
\- Liqwid finance CEO announced all $night glacier dropped to their $ADA suppliers would be distributed directly to the suppliers.
\- I guess decided/was pressured that this should be a DAO vote instead of something he determines, and
\- the DAO voted narrowly to give 90% of it to the DAO instead.
vote summary here:
[https://app.liqwid.finance/governance/proposal/118](https://app.liqwid.finance/governance/proposal/118)

**Tricky's Daily Doots #1,413**
**Yesterday's Daily 12/03/2026**
[Previous Daily Doots](https://old.reddit.com/r/ethereum/comments/1rrhp2n/daily_general_discussion_march_12_2026/oa54jg3/)
- u/haurog covers [the launch of the Blackrock staking ETF.](https://old.reddit.com/r/ethereum/comments/1rrhp2n/daily_general_discussion_march_12_2026/oa14jcm/) 🗿
- u/alexiskef covers [a $50 million dollar slippage mistake on AAVE.](https://old.reddit.com/r/ethereum/comments/1rrhp2n/daily_general_discussion_march_12_2026/oa40t7e/) 📉
- u/kantalo delivers [another StupidGames update.](https://old.reddit.com/r/ethereum/comments/1rrhp2n/daily_general_discussion_march_12_2026/oa0dbij/) 🕹️
- u/alexiskef shares [Across moving from a DAO to private company structure.](https://old.reddit.com/r/ethereum/comments/1rrhp2n/daily_general_discussion_march_12_2026/oa0xihh/) 🏢

Liqwid, the top lending app on Cardano, said for months that 100% of NIGHT would be given to ADA lenders.
The Liqwid team has now backtracked on their word and are now holding a vote. Surprise surprise, the current winning option says 90% of NIGHT will go to the DAO instead of ADA lenders.
If you hold LIQWID, PLEASE VOTE. I don't know if it's possible to override the Liqwid team since they hold a huge amount of the LQ supply, but PLEASE VOTE.

Probably this:
Closed on Dec 13, 2023

post by MarcZeller on Dec 13, 2023

MarcZeller
ACI-Growth SP
Dec 2023
Following the governance decision, the Aave DAO voted NAY to the proposed recovery plan.
This governance decision is in line with other proposals in the past 18 months, indicating consistency in Aave’s governance opinion on the topic.

Governance has spoken.

We’re thus closing this topic and related posts.
https://governance.aave.com/t/temp-check-aave-v3-harmony-recovery-one-proposal/15738/27

Seems they are planning to compensate those involved.
"During the incident, Aave was able to recapture a substantial amount of lost liquidation bonus revenue (141.5 ETH) through BuilderNet refunds leveraged for reading the associated risk oracle update. We recommend that these recovered funds will be used to partially compensate users who were liquidated as a result of the incident. The rest of the user funds impacted shall be covered through the Aave treasury through a defined compensation plan, to be communicated shortly. Different parties are actively working on recovering more funds extracted outside of the system, and we can confirm that no more than 358 ETH will need to be compensated ad-hoc from the DAO."

In a move that I personally can't remember happening again in the Ethereum ecosystem, Across is trying to move **FROM** a DAO **TO** a privately own company.. The X post: “[The Bridge Across](https://x.com/AcrossProtocol/status/2031733304500654305?s=20)”.
A quick summary: *"This proposal explores whether transitioning from a token structure to a private company through an ACX token-to-equity exchange and buyout offer would better serve long-term protocol growth. The goal of the proposal is to strengthen our commitment to Across, while continuing to ensure token holders can participate in Across’ success, to the extent legally permissible."*
And the Motivation powering their move, copied from [Across Governance Forum.](https://forum.across.to/t/the-bridge-across/2097)**:**
*"The Risk Labs team has been building Across Protocol and its suite of products for over 4 years. During this journey, we have invented the crosschain “intents” architecture, made 2 second bridging table stakes for our industry, and secured partnerships with countless tier 1 industry leaders.*
*By empowering ACX holders with a sense of ownership, we saw our opportunities, integrations, and partnerships flourish. Risk Labs has stayed token-purist throughout: no private company, only foundation-managed operations, everything built in public.*
*However, as Across deepens our work with institutional and enterprise partners, the token and DAO structure has materially impacted our ability to close partnerships and integrations. Transitioning to a traditional legal entity would meaningfully improve our ability to enter enforceable contracts, structure revenue agreements, and deliver more value to Across stakeholders.*
*At current ACX valuations, we believe the Across Protocol is significantly undervalued. The proposed structure gives us an opportunity to explore new ways to foster growth while acting in the best interests of the broader Across community.*
***This proposal, “The Bridge Across”, is about aligning ownership, incentives, and governance to set a new foundation for growth and success."***
tldr imo: token price is shit, this way we can get paid.