Differences

This shows you the differences between two versions of the page.

--- power_dao [2023/12/04 10:37] – [Special Purpose DAOs] admin
+++ power_dao [2024/12/02 09:31] (current) – [The $POWER token] admin
@@ Line 1: / Line 1: @@
+{{page>supportwaveslease}}
+{{:powerdao-1.png?400|}}
 ====== What is POWER DAO ======
 [[https://power.tech/|POWER DAO]] it's an inovative DAO that gives the users (who needs to hold the token  [[https://wavescap.com/asset/PWR/info|$POWER ]]) the option to propose, support and self-organize into communities, and to buy-into the projects they want to see succeed up front. Its pillars are:
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 SP-DAO users oversee KPI tracking, completion, and approval, while Power DAO users serve as an arbitration layer to resolve any governance disputes or deadlocks. This applies not only to arbitrary proposals but also to other matters.
-[[How to Propose a SP-DAO]] - [[How to make a proposal in a For Profit DAO]]
+==== How to Propose a new SP-DAO ====
-===== The Governance Model =====
+Anyone can make a proposal on POWERDAO, by accessing the following [[https://app.power.tech/mother/proposals!page]].
+ One will need to specify:
+  * Title of the proposal
+  * WAVES address of the new SP-DAO or of POWERDAO
+  * Description of the proposal
+  * A transaction Payload (JSON format)
+The cost for making a proposal is 0.005 $WAVES and you need to have at least 1 $POWER stacked in the SP-DAO.
+{{:powerdao-proposal.png?400|}}
+Once the Proposal is created it will be voted by POWER DAO users that have $POWER stacked.
+{{::powerdao-proposal-2.png?400|}}
-TODO: Explain the Governance Model
 ===== The $POWER token =====
-TODO: Explain utitlity, tokenomic, where it can be bought
+The $POWER token is the governance token for the Power DAO, a decentralized autonomous organization built on the Waves blockchain. It empowers the community to shape the future of the Waves ecosystem through voting rights and decision-making processes.
+__Tokenomics:
+__
+  * **Limited Supply:** The total supply of $POWER tokens is capped, ensuring scarcity and value.
+  * **Governance Rights**: $POWER holders can participate in governance decisions, such as voting on proposals, electing validators, and allocating funds.
+  * **Staking Rewards**: By staking $POWER in the Mother DAO, holders can earn rewards in the form of additional tokens.
+  * **Ecosystem Development:** $POWER can be used to fund the development of new projects and applications within the Waves ecosystem.
+You can buy $POWER on WAVES Exchanges or directly on [[https://app.power.tech/|Power DAO]]
 ===== Useful Links =====