Solana ecological governance experimental project MetaDAO published a statement on X that the proposal to "convert 150,000 USDC to ISC" was not passed. A total of 53 users conducted 688 transactions, but the market believes that the EV+ level of the proposal is not enough.
Earlier in August, MetaDAO announced the completion of a $2.2 million financing, led by Paradigm. It is reported that the project is similar to the prediction market Polymarket. MetaDAO's anonymous founder Proph3t said that Paradigm will hold 3,035 META tokens, becoming the largest single holder of META, accounting for 14.6% of the total supply.