GnosisDAO, a key player in the decentralized finance (DeFi) space, has just greenlit an important proposal. On September 5, 2025, they announced that GIP-133 passed on Snapshot, a popular tool for decentralized voting in blockchain communities. This means the community has voted yes to extending the budget for their Gnosis Pay Cashback program by an additional 2,000 GNO tokens.
For those new to this, GnosisDAO is the decentralized autonomous organization behind Gnosis, which focuses on prediction markets and secure infrastructure in crypto. GNO is their native token, used for governance and staking. The cashback program, originally outlined in GIP-110, rewards users for spending with Gnosis Pay, a crypto-friendly payment solution that bridges traditional finance and blockchain.
This extension is a big deal because it keeps the incentives flowing. Cashback programs in crypto are like loyalty rewards in everyday shopping—they encourage more adoption and usage. By adding 2,000 GNO to the pot, GnosisDAO is essentially doubling down on user engagement, which could lead to more transactions and stronger network effects.
The proposal was shared via a tweet from the official GnosisDAO account, linking directly to the Snapshot vote: view the proposal here. It's a straightforward governance move, showing how DAOs operate transparently and community-driven.
One reply to the tweet caught our eye: a user named SKYLINE commented that "gnosis pay cashback stays cooking." In crypto slang, "cooking" means something is performing well or heating up positively. It reflects the excitement around this program continuing to deliver value.
Overall, this development underscores the maturing governance in DeFi projects. If you're into meme tokens or broader crypto, keeping an eye on DAOs like Gnosis can provide insights into how communities manage funds and incentives. Who knows—similar models might inspire the next big meme coin reward system.
Stay tuned to Meme Insider for more updates on blockchain governance, token economics, and emerging trends in the crypto world.