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--- power_dao [2023/12/05 11:04] – admin
+++ power_dao [2024/12/02 09:31] (current) – [The $POWER token] admin
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 {{page>supportwaveslease}}
+{{:powerdao-1.png?400|}}
 ====== What is POWER DAO ======
 [[https://power.tech/|POWER DAO]] it's an inovative DAO that gives the users (who needs to hold the token  [[https://wavescap.com/asset/PWR/info|$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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 ==== How to Propose a new SP-DAO ====
-[Work in Progress]
+Anyone can make a proposal on POWERDAO, by accessing the following [[https://app.power.tech/mother/proposals!page]].
+ One will need to specify:
-==== How to Make a Proposal for a For Profit DAO ====
+  * 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|}}
-[Work in Progress]
-===== The Governance Model =====
-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 =====