UFD DAO governance framework

What are DAOs?

DAO (Decentralized Autonomous Organization) is a decentralized autonomous organization, sometimes called a distributed autonomous company (DAC, decentralized autonomous corporation), which is an organization represented by rules encoded as computer programs that are transparent controlled by shareholders or token holders and not influenced by central institutions. Everyone in the DAO can issue proposals and vote to make decisions.

UFD DAO governance framework

UFD DAO is a decentralized autonomous organization and smart contract system serving the UFD ecology on Binance. It refers to a system that is not subject to hierarchical central authority control, operates automatically according to pre-set program rules, and empowers all stakeholders in the network to speak An open decentralized organization with authority, is the management token and utility token of the UFD system. Anyone with Internet access can hold and exchange UFD tokens. Users can participate in UFD project governance proposals and votes by holding UFD. Voting resolutions are not limited to project destruction mechanisms, production reduction mechanisms, additional issuance mechanisms, mining pool quotas, Machine gun pool strategy, etc.

Proposal and voting rights in UFD governance

Earn rewards for participating in governance

receive a portion of the agreement's profits

More rights and interests will be endowed by community user proposals