Pantera Capital Resumes On-Chain Governance Voting Participation, Arbitrum First
Highlights
- Pantera Capital announces its return to on-chain governance, starting with participation in Arbitrum DAO.
- The firm focuses on long-term growth, economic sustainability, user security, transparency, technological innovation, and research-backed insights.
- This move coincides with critical developments in the Arbitrum ecosystem and reflects Pantera's ongoing commitment to blockchain innovation.
Pantera Capital, a prominent blockchain investment firm, has announced its return to active participation in on-chain governance. The firm has chosen to begin this new chapter with the Arbitrum DAO, a decision that not only reflects Pantera’s historical ties to the project but also shows Arbitrum’s growing importance in the Ethereum ecosystem.
Pantera Capital’s Return To On-Chain Governance
Pantera Capital, a leading blockchain investment firm, has announced its return to active participation in on-chain governance, with Arbitrum DAO as its starting point. This move signals a significant re-engagement with the decentralized finance (DeFi) ecosystem for Pantera, underlining the firm’s commitment to shaping the future of blockchain technology.
The choice to begin with Arbitrum is not coincidental. Pantera Capital has a longstanding relationship with the project, having led the seed round for Offchain Labs, the core developers behind Arbitrum, in 2018. By joining the ranks of over 400,000 ARB token holders and 250,000 delegates, Pantera is positioning itself as an active participant in one of the most vibrant and decentralized DAOs in the Web3 space.
Pantera Capital’s approach to ecosystem participation is multifaceted, focusing on six key areas: long-term growth strategies, economic sustainability, user security enhancements, transparency and accountability, technological innovation, and research-backed insights for informed decision-making.
The timing of this announcement is particularly noteworthy, as it coincides with a critical period for the Arbitrum ecosystem. The project is currently navigating various initiatives, including the launch of new innovations like Stylus, BOLD, and Timeboost, exploring new markets through Orbit Chain launches and a Gaming Catalyze Program.
Also they are implementing economic adjustments such as ARB staking and gas fee modifications. Pantera Capital emphasized the crucial role of on-chain governance in maintaining and advancing the blockchain ecosystem. The firm also hinted at future participation in other blockchain projects, promising to share more details soon.
Also Read: Metaplanet’s Fresh Bitcoin Purchase Sends Stock Soaring By 25%
Pantera’s Recent Investments and Partnerships
Prior to this announcement, Pantera Capital made significant moves in the blockchain space. The firm made its largest-ever investment in The Open Network (TON), the blockchain network developed by Telegram, demonstrating strong confidence in the technology’s future. Dan Morehead, Pantera’s founder and managing partner, highlighted this as a crucial strategic move for the firm.
Additionally, Pantera Capital partnered with Sentient Labs in a successful $85 million seed funding round, contributing to one of the largest seed rounds for AI startups. These investments and partnerships underscore Pantera’s commitment to fostering innovation and growth across various sectors of the blockchain and technology industries.
Also Read: Ethereum To Outperform Bitcoin After Spot Ether ETF Launch: Kaiko
- Michael Saylor Says “No New Orange Dots” Pausing Bitcoin Buys as Holdings Hit Record $79B
- Experts Turn Bullish on Pudgy Penguins as PENGU Leads Meme Coin Buys on Solana
- ASTER to Launch Phase 2 Airdrop on October 10 as Open Interest Tops $5B in Two Weeks
- El Salvador’s Bitcoin Holdings Hit $475M Profit as BTC Becomes World’s 7th Largest Asset
- Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force
- Dogecoin Price Rebounds 15% From Buy Zone as Whales Add 30M DOGE – Can Bulls Push Beyond $0.30?
- FLOKI Price Prediction as ETP Listing Drives Adoption—Is a 160% Rally Ahead?
- BNB Coin Price Hits ATH as Derivatives Activity Soars—Is $1,520 the Next Stop?
- Aster Price Eyes $3 After Channel Breakout as Open Interest Surges to $1.37B
- Will XRP Price Hit $5 if the SEC Approves ETFs This Month?
- Bitcoin Price Hits $120K Ahead of Q4 — Can Citigroup’s Forecast Hold Up?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
