The story concerns a monthly on-chain governance vote by SQUID DAO to allocate SQUID token rewards to contributors for work done in January, using a Snapshot proposal surfaced via the Leviathan News governance space. In SQUID DAO’s model, community members who hold or lock the SQUID governance token (and related LP positions) participate in Snapshot votes that determine how the DAO’s treasury and token emissions are distributed, including recurring contributor payments. The referenced proposal is one such vote, calling on SQUID holders and liquidity providers who have not yet voted to participate in the final hour of the January rewards decision. SQUID DAO operates as a crypto‑native investment DAO whose core objective is to grow a treasury of mainly Ethereum and other crypto assets, with value flowing back to SQUID token holders and SQUID NFT holders. Governance is exercised by those who either lock SQUID into veSQUID (vote‑escrowed SQUID) or own SQUID NFTs, and voting is executed off‑chain via Snapshot with on‑chain verification of voting power. Monthly budgeting and contributor‑rewards votes are a key part of Leviathan News’ and the broader SQUID DAO ecosystem’s operations, since they determine ongoing funding for media, research, and other DAO initiatives. The final‑hour reminder for January rewards underscores how participation and turnout in such Snapshot votes directly shape compensation, influence contributor incentives, and signal the level of active engagement in SQUID DAO’s governance.

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

More coverage

Explore the topic

More on Contributions

Veilnyx opens trusted setup ceremony for community contributions ahead of launch

Veilnyx opens trusted setup ceremony for community contributions ahead of launch

𝕏/@veilnyx_hq ·

SQUID holders can still vote for Leviathan News February contributions Final hours to go!

SQUID holders can still vote for Leviathan News February contributions Final hours to go!

snapshot.box ·

February SQUID Drop (Covering January) - vote now with your SQUID to reward your favorite contributions from January! Thank you contributors for your great work! Voting is open until February 16th afternoon UTC time

February SQUID Drop (Covering January) - vote now with your SQUID to reward your favorite contributions from January! Thank you contributors for your great work! Voting is open until February 16th afternoon UTC time

snapshot.box ·

Why Time and Contributions Outperform Chasing APY: Lessons from Sagix Philosophy

Why Time and Contributions Outperform Chasing APY: Lessons from Sagix Philosophy

sagix.io ·

SQUID holders and LPers - Remember to vote on Snapshot for the December rewards distribution! At SQUID DAO, the ruling entity governing Leviathan News - it's token holders who get to decide how the 1M $SQUID monthly emissions are distributed for the different contributions making it all happen! Thank you contributors, and if you're not contributing already - remember anyone can join and try earning SQUID, whether it's by submitting headlines, doing shows, writing articles, doing dev work, editing clips and shorts from existing shows, creating animated videos (shout out arqus!) or other ones, or just participating in the discussion on socials! Thanks everyone!

SQUID holders and LPers - Remember to vote on Snapshot for the December rewards distribution! At SQUID DAO, the ruling entity governing Leviathan News - it's token holders who get to decide how the 1M $SQUID monthly emissions are distributed for the different contributions making it all happen! Thank you contributors, and if you're not contributing already - remember anyone can join and try earning SQUID, whether it's by submitting headlines, doing shows, writing articles, doing dev work, editing clips and shorts from existing shows, creating animated videos (shout out arqus!) or other ones, or just participating in the discussion on socials! Thanks everyone!

snapshot.box ·

News for the community, by the community. Thank you so much arqus for this incredible animated video contribution, the first ever of its kind! A great way to make yourself eligible for next month's SQUID DAO vote. Have a talent as well, and want to contribute and earn some $SQUID? Let us know in the comments what it is, and join us!

News for the community, by the community. Thank you so much arqus for this incredible animated video contribution, the first ever of its kind! A great way to make yourself eligible for next month's SQUID DAO vote. Have a talent as well, and want to contribute and earn some $SQUID? Let us know in the comments what it is, and join us!

𝕏/@leviathan_news ·

Explore the full feed

Comments

Up nexta16z Chris Dixon urges Congress to pass the CLARITY ACT, arguing clear blockchain rules will unlock tokenization, stablecoins and institutional crypto adoption while strengthening U.S. leadership