The road to becoming a DAO
No voting possible
MTP holders can stake their tokens via the staking dashboard and participate in governance voting brought forward by the MetaPax team.
These votes will determine which teams should receive funding from the ecosystem fund and how the Community Treasury should be distributed.
More on-chain votes on smaller issues.
The way votes are counted may be changed from "1 token = 1 vote" to quadratic voting.
MTP holders determine which governance framework should be used and what issues require voting. Some decisions will not be up for debate, such as token supply that is locked in smart contracts.
Potential issues that may require voting:
- Should MetaPax Limited continue to pay the MetaPax team to develop MetaPax?
- How should the Community Treasury be used to reward MTP holders and the broader MetaPax community?
- Should the Community Treasury funds be attached to any yield farming/staking services?