The DEX STON.fi is expected to launch its DAO governance system very soonšŸš€. #STON token stakers will be able to decide the future of the platform through votingšŸ“¶.

This kind of mechanic isn’t very well known in the #TON community yet, so here’s a quick breakdown of how it will most likely workšŸ¤”šŸ‘‡:

Staking panel on STON.fi

Voting poweršŸ’Ŗ

First of allā˜ļø, to become part of the DAO, you’ll need to stake the STON token. Your voting power will depend on the amount of tokens you stake and the length of the lock-upšŸ”’. This voting power is expressed as a percentage of the total amount of staked STON and can change as more tokens are staked or unstaked over time.

Creating a votešŸ—£ļø

Of course, not just anyone in the DAO will be able to create a votešŸ™„. Votes will either be created by the core team or by users who hold a certain level of voting power — let’s say, 2% or more.

Subject of the vote🧐

Votes can be about almost anything šŸ„²ā€” listing or delisting a token, adding a new blockchain, introducing a unique feature, making changes to tokenomics or its deflationary model. A unique partā˜ļø of the system is that the DAO controls the DAO Treasury, which holds 20% of the total STON supply.

Quorumāœ…

For a vote to be valid, a quorum will be required. That means a certain percentage of total voting power must participate for the result to be acceptedāœ….

Vote delegationšŸ”€

To increase participationšŸ“ˆ, there will likely be an option to delegate your voting power to another user. Your tokens will remain staked in your wallet, but someone else will be able to vote on your behalf.

DAO forumšŸ‘„

In addition to all of that, a separate forum or Telegram chats will likely be set up where DAO members can discuss proposals before they go live — helping to clarify the wording and make sure everyone is informed before casting their votes🧐.

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