Recently, a project has been trying a different operational approach, which seems worth paying attention to. The total supply is fixed at 1 billion tokens, with 500 million locked by the core team for 300 days. This design prevents the possibility of additional issuance.
The fee mechanism adopts a 3% dual-direction setting, and it is said that this revenue is redistributed to the DAO community for governance. More interestingly, they emphasize "no additional issuance, no front-running," with the entire process being open and transparent, aiming to keep the token price steadily rising.
One of the project’s selling points is the introduction of 200 DAO members to participate in co-governance and supervision. Under this model, decision-making power is no longer centralized, which theoretically can mitigate many trust risks associated with traditional projects. Of course, DAO governance itself is a new topic, and whether it can operate effectively depends on actual implementation.
Overall, this can be seen as an exploration of a relatively transparent project operation path with higher community participation. For those interested in DAO governance practices, this case may offer some valuable insights.
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StablecoinGuardian
· 01-17 15:58
Sounds quite sincere, but can 200 DAO members really keep the team in check?
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defi_detective
· 01-17 15:43
Locking for 300 days sounds good, but I'm more concerned about whether those 200 DAO members can really vote or if it's just a display.
Nice words, but ultimately it depends on execution.
Bidirectional 3%? Calculate the fees—how aggressive does the entry need to be to break even?
Every project claims no front-running, but those who believe it have all lost money.
However, this approach is indeed better than traditional methods; at least give it a try.
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LiquidityWitch
· 01-17 15:38
Sounds good, but as I always say, DAO governance sounds appealing, but in reality, it often fails during execution. With 200 governance members, how many can actually participate in decision-making?
Recently, a project has been trying a different operational approach, which seems worth paying attention to. The total supply is fixed at 1 billion tokens, with 500 million locked by the core team for 300 days. This design prevents the possibility of additional issuance.
The fee mechanism adopts a 3% dual-direction setting, and it is said that this revenue is redistributed to the DAO community for governance. More interestingly, they emphasize "no additional issuance, no front-running," with the entire process being open and transparent, aiming to keep the token price steadily rising.
One of the project’s selling points is the introduction of 200 DAO members to participate in co-governance and supervision. Under this model, decision-making power is no longer centralized, which theoretically can mitigate many trust risks associated with traditional projects. Of course, DAO governance itself is a new topic, and whether it can operate effectively depends on actual implementation.
Overall, this can be seen as an exploration of a relatively transparent project operation path with higher community participation. For those interested in DAO governance practices, this case may offer some valuable insights.