Zora's new CEO: Will focus on advancing ZORA token buybacks and holder reward mechanisms, and restart community incentive distributions.
59 minutes ago
Decentralized SocialFi platform Zora’s new CEO D. Goens announced that the protocol has made several major adjustments this summer: On the product front, Zora expanded its network support beyond Base to include Robinhood, Solana, and BNB Chain, while rolling out a custom pairing feature that has enabled over 4,000 trading pairs supporting stocks, meme coins, and mainstream assets. On the team side, the company completed layoffs, scaling its headcount to fewer than 10 people, and deeply integrated AI technology to improve operational efficiency. In terms of leadership, co-founder Jacob stepped down as CEO, with fellow co-founder D. Goens taking over the role. The new CEO noted that future priorities will include advancing ZORA token buybacks and holder reward mechanisms, restarting community incentive distributions, accelerating mobile product iteration, and committing to enhanced communication transparency with the community.
Loracle shorted PONS and turned a loss into a profit, with the total unrealized loss on its main short positions still standing at around $16.2 million.
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