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