Formation operates under an ownerless Cayman Foundation that directly owns Orca Labs in the United States

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Orca passed a governance proposal prior to the Formation merger that dissolved the Orca governance council

Formation operates without an equity business, allocating underlying corporate value to an ownerless Cayman Islands foundation

Following Orca's governance proposal ahead of its merger with Loopscale, Orca token holder voting rights were restricted primarily to token minting and changes in corporate control

Formation's United States operating entity, Labs US, is wholly owned by a Cayman Islands foundation

Orca token holders approved a governance proposal that dissolved the Orca governance council

Following the dissolution of the Orca governance council, Orca token holders retain governance voting authority over new token minting and changes in corporate control

Swell DAO paused deposits and withdrawals for swETH and rswETH tokens on October 23, 2026, stating operations would remain frozen until net asset values return to correct values

Uniswap's UNIfication governance initiative, approved in December 2025, included a direct one-time treasury burn of 100 million UNI tokens

Uniswap's UNIfication proposal published in November 2025 outlined plans to activate protocol fees on products including aggregator hooks, v4, and UniswapX to direct revenue toward UNI burns

Aerodrome on the Base network and Velodrome on the OP Mainnet merged their token governance into a single token named AERO

On September 15, 2026, Balancer published a forum proposal authored by former CEO Marcus Hardt to wind down the protocol and return treasury assets to BAL holders.

Under Babylon's proposed Trustless Bitcoin Vaults integration with Aave V4, Aave DAO would receive the first $500,000 in qualifying annual revenue generated by the integration

Babylon Labs initially announced its partnership with Aave on December 3, 2025, followed by a DAO temperature check proposal that passed in June 2026 after starting on May 25, 2026.

Aave DAO retains full governance control over lending parameters, including loan-to-value ratios, collateral requirements, interest rate strategies, and liquidation rules.

Advancing Babylon's Aave V4 proposal from the ARFC stage to an onchain vote requires passing a three-day offchain Snapshot vote with at least 320,000 AAVE-equivalent votes in favor

If approved by the ENS DAO, the ENSv2 activation proposal must undergo a mandatory waiting period of at least two days under a timelock before implementation

Nick Johnson's ENSv2 activation proposal bundles 15 smart contract calls from the DAO timelock into a single atomic transaction to halt new .eth registrations on the original v1 registrar

Ethereum Name Service founder Nick Johnson submitted a draft proposal on October 11, 2026, asking the ENS DAO to approve the activation of ENSv2, an upgraded naming protocol, on the Ethereum mainnet

Upon full activation of ENSv2, ENS Labs plans to transfer its remaining administrative control and privileged roles over the upgraded contracts to the ENS DAO.

ENS DAO executable proposals require at least 1% participation, equivalent to 1 million ENS votes, and a simple majority vote over a seven-day period to pass.