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Waves DAO


Published on 13-Dec-2024

WavesDAO: A Community-Driven Investment Platform

WavesDAO is a decentralized autonomous organization (DAO) built on the Power Protocol platform. It serves as an investment vehicle for the Waves community, managed and governed by its members.

Key Features

  • Community-Driven: The DAO is governed by $PWR token holders, ensuring community involvement in decision-making.
  • Investment Vehicle: The DAO pools funds from its members to invest in promising projects within the Waves ecosystem.
  • Transparent Governance: All decisions and transactions are transparent and auditable on the blockchain.
  • Profit Sharing: Profits generated from investments are distributed among DAO members based on their $PWR holdings.

How it Works

  1. Token Staking: Members stake $PWR tokens to participate in governance and decision-making.
  2. Investment Proposals: Members can propose investment opportunities, which are then voted on by the community.
  3. Governance Voting: Staked $PWR tokens are used to vote on proposals, with the majority vote determining the outcome.
  4. Profit Distribution: Profits from successful investments are distributed proportionally to token holders.

WavesDAO aims to foster innovation and growth within the Waves ecosystem by providing a platform for community-driven investment and development.

To learn more and participate, visit the WavesDAO website: https://app.power.tech/dao/3P48jWGMbCS4NaLh9xJnEhaDYnFYpoAGhET