Good explanation. DAOs give users control and transparency. Fluence Network combines on-chain governance with a legal structure, which keeps things balanced.

Have you ever been in a place with all your human rights restrained?

That's what Web3 without a DAO, feels like.

Unlike the conventional decision-making process where a centralized body is responsible for making decisions,

DAOs like that of Fluence Network, empowers individual users when it comes to making decisions.

Since the structure is based on the concept of decentralization,

stakeholders of $FLT do not have to worry about any external influence.

Fluence Network follows a typical DAO model,

with governance driven by on-chain voting and predefined rules.

For instance, creating a proposal requires holding a certain amount of delegated voting power,

and approval depends on reaching a required vote count.

Execution happens on-chain, but Fluence also has an off-chain legal structure in place.

A governance committee is responsible for overseeing and facilitating the execution process.

Fluence Network also follows a model where the governance committee, is elected by the community every one to two years.

This is what decentralization should be like.

Dear Anon, stay decentralized and build with Fluence Network.