Shutter DAO Goes Live on Fractal, Securing $250M in Fully Diluted Value
MIAMI, March 18, 2024 /PRNewswire-PRWeb/ -- Fractal, the leading modular governance platform for onchain organizations to progressively decentralize, announces the onboarding of Shutter DAO 0x36, a community-launched decentralized autonomous organization for Shutter Network, a protocol combating frontrunning/malicious MEV utilizing threshold encryption.
- Shutter DAO's adoption of Fractal was instrumental in a recent governance vote , which focused on the launch of its native governance token and DAO .
- Shutter DAO 0x36 used Fractal to set custom governance parameters across voting strategy, quorum, voting period length, and execution time.
- By utilizing Fractal's onchain governance voting system, Shutter DAO 0x36 is well-positioned to maintain its growth and innovative trajectory.
- "We're thrilled to see Shutter DAO 0x36 choose Fractal to help empower their DAO with seamless governance and treasury management solutions," said Thomas Stuart, CEO of Fractal.