Across’s acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure
A DeFi protocol just proposed going private as its stewards believe the current DAO structure is creating a hurdle to close institutional deals. Across Protocol’s ACX token jumped 80% to $0.06 on Thursday after the team behind the cross-chain bridging platform published a ‘temp-check’ proposal to dissolve its token structure and convert into a traditional
