Ethereum ( ETH) based DAOplatform Aragon, the recent FTXtook into account the incidents and increased security measures.
The recovery and restructuring process has begun in the crypto industry. happened in the past weeks FTX The events had a profound effect on the entire industry. The collapse of a company, which is called the second largest cryptocurrency exchange in the world, lifted the whole industry. After the FTX bankruptcy, many companies began to suffer from bankruptcy and liquidity problems. After the events that gradually lost their effect, crypto projects started to take new measures. one of these Aragonbegan to strengthen his treasury.
DAO Platform Aragon Accelerates Security Studies
FTXacting after the events DAOplatform Aragon, Ethereum in its treasury ( ETH) increased their assets.
Aragontreasury for security measures amid the turbulent crypto market 20 milliondollar ETH added. popular project, ETHfor 10 milliondollar USDCand 10 milliondollar Bitcoin ( BTC ) swapped. According to the data, Aragon’s 153 milliondollar treasury 42 percentof the ETHforming.
To its users DAO The project, which offers the opportunity to create and manage, has been trying to strengthen the security vault recently. In the statement from the platform, “Moving more of our treasury to ETH, DAI and BTC increases our security and censorship resilience by reducing our exposure to assets at risk of mismanagement or central powers intervention” it was said.
