STON.fi announced the launch of the first full-fledged DAO on the TON network.
This is an important step in the development of decentralization, giving users direct access to the platform's governance processes.
Before the DAO becomes fully operational, the team is launching a special public testing phase called Genesis Governance, which will last for two weeks and allow every participant to personally experience how the distributed decision-making system works.
The main goal of the testing period is to check the voting mechanisms and proposal creation within the DAO, and any user can join and influence the further development of the project.
To participate, you need to complete three simple actions:
- Stake STON tokens.
- Receive voting power, which determines your influence in decision-making.
- If you have already staked STON before, the voting power is credited automatically.
What does voting power provide?
- To create proposals during the testing period, a minimum of 0.55 voting power is required.
- Any amount of voting power is sufficient for voting and discussions.
Every activity within the DAO allows you to experience real decentralization in practice.
All users who complete the necessary steps and participate in votes will receive a unique NFT. The token is non-transferable, tied to your address, and confirms your participation in a key stage of the DAO's development.
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