Aethir, which raised $9 million led by HashKey Capital, Sanctor Capital, Merit Circle, Citizen X, etc., completed its TGE in June this year and is now transitioning to decentralized governance.
For more details, check the official blog: https://blog.aethir.com/blog-posts/decentralized-governance-shaping-the-future-of-aethir
With the decentralized governance of Aethir, let’s briefly discuss how to participate in decentralized governance:
1. Decentralized governance is well understood in web3; holding/staking tokens allows for participation in decentralized governance (voting with staked tokens).
2. Decentralized governance generally has a revenue model; referring to the decentralized governance of OP and Jup, the returns from staking votes are generally quite good.
3. What if the token price drops when participating in decentralized governance by staking? It is essential to maintain a coin-based mindset while holding tokens, regardless of whether it's ETH, BTC, or other tokens we have experienced many times. Concerns about price fluctuations can be hedged at certain positions.
4. The types of proposals in decentralized governance, taking Aethir as an example, generally include product development functions, product development direction, partnerships, and token economics (this part often includes reward proposals, essentially how dividends will be distributed later is determined through community voting).
5. The ultimate goal of decentralized governance is generally to balance interests and ensure fairness as much as possible.
Participate in staking: https://stake.aethir.com The staking period can be selected.
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