Waves Protocol
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Waves Protocol

Waves celebrate community engagement in Vires Finance DAO governance vote

  • Waves Community voted AGAINST the governance proposal to limit borrowing on the Vires Finance platform.
  • The proposal was created to restrict coordinated market manipulation of Waves price.
  • The community expressed concerns that limiting borrowing would be too damaging long-term for the platform.
  • Therefore community chose to respect the long-term values of decentralization and free markets over short-term price protection.



Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain.

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Waves Tech

Waves Tech is a powerful blockchain-agnostic ecosystem focused on inter-chain DeFi, the embodiment of technological freedom for blockchain-based finance.