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Logo with English Name:
Code of this SVG image：
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Our proposed EIP-2569 was submitted in 2019, in which we proposal to save SVG images on Ethereum. During the past years quite a few projects actually have already used similar ways to save SVG image files on Ethereum such as the avartars (https://avastars.io/) , Uniswap V3 (which saves LP images as SVG files on Ethereum) , cryptopunks (which recently announced that all punk images have been saved as SVG files on Ethereum: https://www.larvalabs.com/
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This standard covers some situations that the ERC-20 standard and ERC-1155 standard can hardly handle. It allows multiple types of fungible tokens to be sent to multiple receiving addresses via our proposed interface transferBatchMul and allows multiple types of fungible tokens to be sent from multiple sending addresses to multiple receiving addresses via our proposed interface transferFromBatchMul. This standard greatly reduces the gas consumption in transactions of multiple types of fungible tokens. In addition the standard allows both setting of an approval for a single token via an interface approve(uint256 id,address spender, uint256 amount) and setting of approvals uniformly for all types of tokens via an interface approve(address spender,bool _status).
Read more about EIP-3712: Standard for Multiple Types of Fungible-Tokens.
You can also read the Chinese version on this website.
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[Urgent Executive] ETH-A, USDC-A and PSM-USDC-A DC increase
However it was too late. On Jan 5, 2021, MakerDAO's most important vaults ETH-A and ETH-B were dried up. DeFi's most popular project was experiencing a liquidity crisis.
This was not the first time when it happened: last time a similar crisis took almost one month for an urgent executive to take into effect.
Obviously, it is inefficient and potentially risky to rely on an online core of human organizations as MakerDAO's core governance mechanism. DAism's solution is to evolve onchain DAO from Decentralized Autonomous Organization to Decentralized Autonomous Organism, i.e.:
DAO 2.0 = Token + Smart Contract + Smart Algorithm
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The concept of Blockchain's DAO might date back to the term "Decentralized Organized Company"[1] coined by Daniel Larimer on September 7, 2013. Soon after that this term was revised to "Decentralized Autonomous Corporation" abbreviated as "DAC". Thirteen days later Vitalik Buterin published an article[2] detailing his thoughts on DAC. On May 6, 2014, Vitalik published another article titled "DAOs, DACs, DAs and More: An Incomplete Terminology Guide" in which he was the first in the blockchain industry to point out that after DAO was initiated it would possibly be designed to run free from external control, and under predefined rules[3].
Six years have passed since the publication of Vitalik's article in 2014, we have gone through ICO bubbles, crash of crypto markets, and wild DeFi parties. Now it is time to re-examine DAO and survey its nature.