info_tfgrid_manual/tosort/wiki/dao/tfdao.md

28 lines
973 B
Markdown
Raw Normal View History

2024-02-23 03:07:41 +00:00
# ThreeFold DAO
![](img/dao_whatis_.jpg)
The ThreeFold DAO allows autonomous operation of the TFChain and TFGrid.
Amongst others the DAO needs to arrange
| Utility Token model | |
| -------------------------------------------- | ------------------------------------------ |
| [Proof Of Capacity](../tfgrid/farming/proof_of_capacity.md) | Farming (creation) of TFT |
| [Proof Of Utilization](../tfgrid/farming/proof_of_utilization.md) | Utilization (burning, distribution) of TFT |
As well as
- distribution of TFT grants
- manage code upgrade of TFChain and ZOS
- approval for changes to anything in our ecosystem, by means of GEP e.g.
- changes to tokenomics e.g. changes related to
- farming rewards
- cultivation flows
- pricing of grid capacity
- new features in TFChain
- rewards for sales channels, solution providers (v3.2+)
{{#include ./dao_why.md}}