info_tfgrid_manual/tosort/wiki/dao/tfdao.md
2024-02-23 06:07:41 +03:00

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ThreeFold DAO

The ThreeFold DAO allows autonomous operation of the TFChain and TFGrid.

Amongst others the DAO needs to arrange

Utility Token model
Proof Of Capacity Farming (creation) of TFT
Proof Of Utilization 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}}