Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance

Decentralized cryptocurrency exchange Bisq has upgraded its open source software. The revamped platform includes a new user interface in addition to marking the launch of the Bisq Decentralized Autonomous Organization (DAO) on testnet. Bisq Launches Decentralized Autonomous Organization on Testnet The latest version of Bisq’s software, v0.9, has seen the decentralized exchange launch its DAO on testnet. The upgrade will allow Bisq users to experiment with the DAO. The software is designed so as to facilitate rewarding developers who contribute to the project in the form of the platform’s native token (BSQ) without centralized administration. BSQ tokens are layered on top of the BTC blockchain as colored coins. Since launching in 2014, Bisq has received more than 25 BTC in donations which were used to back the creation of 2.5 million BSQ tokens. The first batch of tokens is planned to be distributed among the project’s 144 earliest developers and…

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