SQUID holders can still vote for Leviathan News February contributions

Final hours to go!

Leviathan News, a crypto and DeFi-focused media outlet, is running a governance vote for its February contributions via a Snapshot proposal that uses its native SQUID token for voting power. According to Leviathan News’ token model, SQUID holders periodically vote on Snapshot to assign weights to different contribution categories and help determine how SQUID rewards are allocated to contributors. The referenced proposal is one of these periodic governance votes, with SQUID holders given a limited window—the “final hours” noted in the call-to-action—to participate before the voting period closes. Leviathan News launched the SQUID token in February 2025 as part of a contributor and community-aligned incentive system, where on-chain or Snapshot-based governance lets token holders influence how the project recognizes and rewards work such as reporting, editing, hosting, and other media output. This voting structure is designed to decentralize decision-making around contributor compensation and to align the platform’s news production incentives with its active community of token holders rather than a centralized editorial or corporate owner. The February contributions vote fits into that ongoing scheme of monthly or periodic “SQUID drops,” where Snapshot votes are used to finalize how SQUID is distributed for a specific period’s work, similar to the later publicized “May SQUID Drop” vote for April coverage. By tying contributor rewards to token holder voting on Snapshot, Leviathan News is experimenting with a Web3-native model for media governance, where newsroom economics and editorial contribution recognition are partly governed by a tokenized community. This is notable in the broader crypto media landscape because it tests whether transparent, on-chain or off-chain but cryptographically verifiable votes can sustainably coordinate compensation and incentives for journalism and content creation, rather than relying solely on ads, subscriptions, or centralized grants. The February contributions vote is therefore not just an isolated poll, but part of an evolving DAO-like structure around a crypto media brand.

✨ AI-generated background, compiled from web sources — not editorial content.

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