votes

The XRP Ledger vulnerability fix package named fixCleanup3_4_0 is expected to officially take effect around 09:34 UTC on October 23. This fix package has received votes from 29 validators, surpassing the threshold of over 80% approval among the network's default 35 validators, and must be maintained continuously for two weeks. The countdown has been ongoing for nine days. Since there is no margin in the vote count, if any validator withdraws support, the countdown will restart.This fix package partially addresses the unsecured lending system that Ripple has been promoting to banks and payment companies since June, but this system has not yet been activated. Currently, the lending amendment has only 19 votes, and the vault amendment for holding funds has 21 votes, neither of which has started the countdown. Therefore, even if both reach 29 votes today, the lending function will not be available until early November at the earliest.As designed, lenders will deposit XRP or other tokens into the vault, and loan brokers will then lend out the funds for a fixed term. The ledger is responsible for recording the loans and tracking repayments, while brokers assess the borrower's qualifications off-chain. Since borrowers do not need to provide collateral, the broker's judgment becomes the only guarantee for lenders against default losses. Ripple has promoted this scheme to payment companies that need liquidity during cross-border settlement. Additionally, the fix package also closes a vulnerability that allowed accounts authorized to destroy tokens to create new tokens under specific conditions and adjusts the rounding of vault amounts as well as the rules for determining loan overdue and default.

According to The Defiant, the French National Assembly passed an amendment during the review of the 2027 budget proposal with 38 votes in favor and 37 votes against, aiming to eliminate the tax deferral treatment enjoyed when converting certain crypto assets into a single fiat-pegged stablecoin starting from January 1, 2027.A total of 100 members participated in the voting, with 75 votes counted as valid.

The governance voting results of the Ethereum liquid staking protocol Rocket Pool show that voters support rETH withdrawals and have decided to retain the 4 ETH bond setup while choosing to adopt a random megapool exit mechanism.Voters also postponed proposals related to on-chain governance expansion. The complete Saturn 2 upgrade plan still requires formal approval before it can take effect.

According to a disclosure by Compound community member ugurmersin, the Compound Foundation is suspected of violating the strict limitations of Proposal 536. This proposal originally entrusted 8.42 million DAI from the decentralized autonomous organization's (DAO) reserves to the foundation for management, explicitly stating that the funds could only be used to support protocol operations, strictly prohibiting autonomous trading or speculation, and could not be used to fund the foundation's own business.

The U.S. Senate concluded the cloture vote on the CLARITY Act (H.R. 3633), with the final result being 49 votes in favor and 50 votes against, failing to reach the 60 votes required to advance the bill, and the motion was declared unsuccessful.Delaware Democratic Senator Coons was absent and did not participate in the vote.

The U.S. Senate will conduct a procedural vote on the Digital Asset Market Clarity Act (referred to as the CLARITY Act). At 2:15 AM Beijing time on September 16, senators will decide whether to end the debate on the motion to enter the bill's review process, with a threshold of 60 votes. If the vote passes, the bill will then enter full Senate debate, amendments, and subsequent final voting, which does not equate to the bill being passed directly that night, nor does it mean it will take effect immediately.To garner bipartisan support, Senate Republicans accepted 126 substantive amendments proposed by Democrats in the final draft. The new text includes stricter ethical provisions, granting state attorneys general a clearer enforcement role; it also gives the Secretary of the Treasury the authority to intervene against potential deposit outflows triggered by payment stablecoins, and revises developer-related provisions to reduce the risk of decentralized infrastructure developers being classified as money transmission entities. Democrats are concerned that the Trump family's cryptocurrency business may create conflicts of interest, with some lawmakers hoping to add constraints such as asset divestiture or blind trusts; moderate senators like Warner and Gallego still hope to push for more amendments. Some Republican lawmakers are also under pressure from the banking industry, fearing that accounts with yield attributes linked to stablecoins could siphon off deposits from community banks.

On Wednesday, the House of Lords in the UK passed an amendment with 194 votes in favor and 138 against, requiring the government to develop a digital asset strategy, despite opposition from the ruling Labour Party.The amendment was proposed by Conservative peer Baroness Neville-Rolfe and calls for the UK Treasury to formulate, publish, and seek consultation on the strategy within 12 months after the Financial Services and Markets Bill comes into effect. The strategy will cover crypto assets, stablecoins, and tokenized securities, and will address issues such as innovation, consumer protection, and businesses' access to banking, payment, and settlement services. The relevant bill still needs to be submitted to the House of Commons, where members can accept, modify, or reject the amendments from the House of Lords. The UK Crypto Assets Business Council expressed support for the voting outcome. Previously, the Minister for Investment at the Treasury, Lord Stockwood, stated that the government already has a digital asset strategy and is implementing it.

According to data from the Solana governance platform, the "SGP-0002 Double Deflation" proposal is currently in the voting stage, with about 12 hours left until the voting deadline. This proposal was initiated by Helius (HEL1...e2TU) and suggests increasing the deflation rate in Solana's inflation plan from the current -15% to -30% to accelerate the reduction of network inflation.The current voter participation rate is 47.29%, meeting the requirement of 1/3 of the quorum. The vote distribution is as follows: For: 140.6M SOL (68.58%), Against: 47.39M SOL (23.12%), Abstain: 17.01M SOL (8.3%). Among the main voting parties, validators such as Helius, Jupiter, and Staking Facilities voted in support, while Figment, Everstake, and P2P.org voted against.

According to CoinDesk, Coinbase CEO Brian Armstrong stated that the U.S. "Digital Asset Market Structure Clarification Act" (CLARITY Act) is expected to receive over 60 votes of support in the U.S. Senate on September 15 and is confident about passing the first key procedural vote after returning to Congress.Brian Armstrong previously mentioned that the CLARITY Act has entered its final advancement stage, and the Senate procedural vote requires 60 votes of support to push the bill forward. The bill aims to establish a regulatory framework for digital assets in the U.S., clarifying the division of responsibilities between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the regulation of crypto assets. Armstrong believes that the clarification of U.S. crypto industry regulation is approaching, and whether the CLARITY Act ultimately passes or regulatory agencies advance through administrative rules, the market will welcome a clearer regulatory environment.Previously, U.S. President Trump also called on Congress to push the CLARITY Act through, believing that the bill is significant for establishing a regulatory system for digital assets and enhancing the competitiveness of the U.S. crypto industry. reuters.com However, the bill still faces controversy from some lawmakers regarding issues such as conflicts of interest and stablecoin regulation, and whether it can ultimately be successfully implemented still depends on subsequent negotiations in the Senate.

According to Bitcoin.com, U.S. President Trump is weighing the bipartisan ethical counterproposal of the CLARITY Act, and Senate negotiators need to finalize the cryptocurrency conflict of interest rules before the recess on August 7.The bill aims to establish a federal regulatory framework for cryptocurrency companies through the division of responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).Republican Senator Thom Tillis and Democratic Senator Ruben Gallego submitted an enforcement proposal to the White House on July 29. This proposal allows state-level agencies to enforce federal officials' bans on issuing or sponsoring digital tokens, rather than solely handling related violations through the Department of Justice.The U.S. House of Representatives passed a version of the bill on July 17 with 294 votes in favor and 134 against, with over 70 Democrats voting in favor. The Senate has not yet held a full vote; the bill needs 60 votes to pass, and if all Republicans support it, at least 7 Democrats will still need to vote in favor.

According to Jinshi reports, institutions are conducting a forward-looking analysis of the voting situation at the Federal Reserve meeting. TD Securities and JPMorgan expect two hawkish dissenting votes, mainly from Harker and Logan. Commonwealth Bank of Australia and Citibank believe that one or two officials may dissent in support of a rate hike.UBS predicts that if the interest rate remains unchanged, there will likely be 8 to 10 votes in favor. Prediction markets indicate that the probability of Harker and Logan casting dissenting votes is both 58%.

According to Jinshi reports, Pruis stated that the number of dissenting votes at this week's Federal Reserve meeting will be closely monitored as an indicator of the degree of disagreement within the Federal Open Market Committee (FOMC). The voting results are expected to be 10 votes in favor and 2 votes against, with Logan and Hamak voting against, advocating for a 25 basis point rate hike. If dissenting votes exceed three, even if the rate remains unchanged in July, it will be a clearer signal indicating that the committee is moving towards a rate hike in September.

According to The Block, Uniswap governance will conduct two key on-chain votes from July 19 to 26. The first proposal aims to enable protocol fees for the v4 version liquidity pools for the first time, covering seven chains: Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain, targeting three types of pools: static fee pools, pools initiated through continuous liquidation auctions, and aggregator hooks pools; proposals for the remaining five chains will be submitted later.The second proposal, submitted by Uniswap founder Hayden Adams, aims to extend the fee mechanism of v2 and v3 to Robinhood Chain. The fees generated from both proposals will enter the UNIfication burn mechanism. Last month, the Uniswap protocol set a record by burning 186,000 UNI in a single day.

The recent voting results of the ENS DAO, which governs the Ethereum Name Service, have sparked controversy within the community, as some members pointed out.In the latest on-chain vote, ENS founder Nick Johnson cast approximately 3.26 million votes against the proposal to extend the security committee's term for two years. This proposal had previously passed a Snapshot community vote, but the on-chain execution proposal did not receive support.As the controversy escalated, some community members expressed concerns about the degree of decentralization in the ENS DAO governance mechanism. However, there are also viewpoints suggesting that this incident reflects more on the distribution structure of governance tokens rather than a failure of the protocol itself.

The Arbitrum DAO vote approved the proposal to release the frozen ETH, with a support rate of 90.96%. The proposal includes a request for Arbitrum governance to approve the release of 30,765.67 ETH frozen by the Arbitrum Security Committee on April 21, and to transfer the funds into a 3/4 multi-signature wallet jointly controlled by Aave Labs, KelpDAO, EtherFi, and Certora. This address will be specifically used for recovery work after receiving the ETH frozen by Arbitrum.

According to Jin Shi citing NBC News, U.S. House Speaker Johnson stated that he is confident of securing enough votes to end part of the government shutdown by at least Tuesday.

The Byvote voting channel on Bybit opened for just 10 minutes, and the total number of votes has quickly surpassed 128 million, with over 4,000 participants.It is reported that this round of the Byvote prize pool is as high as 1,500,000 PENGUIN, and users only need to hold USDT and other designated assets to qualify for voting. After the project successfully lists, all users who participated in the voting will share the huge PENGUIN prize pool. Voting is still in full swing, and community participation is high.According to previous news from ChainCatcher, a new round of ByVotes on Bybit has begun, and users can gain voting rights by holding eligible assets on Bybit, with voting determining the listing of PENGUIN on the Bybit spot trading platform.

According to reports, the new round of ByVotes on Bybit has begun. Users can gain voting rights by holding eligible assets on Bybit, and the votes will determine whether PENGUIN will be listed on the Bybit spot trading platform.If the project successfully breaks through and goes live, supporters who participated in the voting will have the opportunity to share a generous prize pool of up to 1,500,000 PENGUIN.