The Aztec Foundation committed 1% of the AZTEC token supply to Protocol Guild, as part of the Protocol Guild 1% pledge. Aztec joins EtherFi, Taiko, EigenLayer, Puffer Finance, and Aligned, in taking the pledge. The tokens are deposited into the organization's immutable four-year vesting contract. Aztec is a privacy-first L2 on Ethereum.

Noir, its native Rust-like zero-knowledge programming language, allows developers to write smart contracts with programmable privacy. Aztec's contribution will vest to 187 Ethereum core contributors spanning client teams, research, and coordination roles. Protocol Guild has distributed more than $38 million to core contributors.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

The Protocol Guild, a collective supporting Ethereum core protocol contributors, has upgraded its DAO smart contracts to the Agora Governor, officially moving control of its split contract from a multisig to the DAO. The split contract distributes vested donations directly to Protocol Guild members. Powered by Agora, the new governance contracts feature two different proposal types.

Governance proposals for membership updates require 33% quorum and 51% approval, while proposals for weekly distribution proposals require 0% quorum and 100% approval. Previously, the Protocol Guild used an implementation of the Moloch V3 DAO, which required 33% quorum across all proposals.

The Moloch DAO's 33% quorum requirement made running weekly distributions through governance impractical, so Protocol Guild continued using a multisig for memberships and distributions. Under the new Agora contracts, the split contract is now fully DAO-controlled, including Protocol Guild's Cayman Islands legal entity.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

Ethereum developer Josh Stark announced he is stepping away from the Ethereum Foundation, with his work concluding at the end of April. His departure comes just one day after Ethereum developer Trent Van Epps also revealed he left the organization. Stark joined the Ethereum Foundation in 2019, starting on the Special Projects team. During his time, he helped ship Ethereum's biggest protocol upgrades and organizational changes, and co-led the Trillion Dollar Security (1TS) initiative. Stark emphasized that meaningful progress is never guaranteed, but that extraordinary problems demand extraordinary effort. He also said he plans to take an extended break to rest and reset.

EarnUSD is a stablecoin vault by Lido for earning transparent, onchain USD-denominated rewards. Get started today at stake.lido.fi/earn

Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.