Decred hands over $23M treasury to stakeholders

Cryptocurrency • October 16, 2018, 12:52PM EDT
UPDATED: October 16, 2018, 12:56PM EDT
The Block

Decred, the cryptocurrency project focused on governance, is handing over control of its token treasury to its token holder. The Decred treasury is funded by a percentage of new coins mined on the Decred blockchain. Currently, the Decred treasury holds over 570,000 DCR, valued at ~$23M at the time of this writing. (Source: CoinDesk)

 

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(Data source: DCR Observer)

About Author

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

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