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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
- Token Staking: Members stake $PWR tokens to participate in governance and decision-making.
- Investment Proposals: Members can propose investment opportunities, which are then voted on by the community.
- Governance Voting: Staked $PWR tokens are used to vote on proposals, with the majority vote determining the outcome.
- 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