TL; DR;:
- We are distributing ALL OF THE FEES from Meta Pool to the DAO: 50% will be to $META voters who participate in voting rounds and 50% will go to fund for voting rounds; Communities will be able to present their own initiatives
- Meta Pool DAO advances forwards, first round of voting for funding communities goes live in June 2023.
- Soon, more communities will be able to present initiatives to be funded from Meta Pool DAO.
META POOL DAO GOES FORWARD
At Meta Pool, we are giving all of the fees we get from staking to our community. This is our way to tell them: Thank you for being part of this project, we want to grow and we know that the best ideas on how to do it will come from you, our community.
The initiatives are essentially ideas presented by representatives from communities, aiming to educate on DeFi, onboard new users, or increase TVL. Initiatives that will help Meta Pool to be sustainable in the long term. The main point is to make real Meta Pool’s vision of becoming a community driven and governed protocol through a DAO.
The initiatives originate from individuals who possess an in-depth understanding of their regions and the most effective approach to engage with prospective users. Our objective is to harness the expertise of those who are intimately familiar with their regions or communities, and transform untapped potential into reality.
I’m not going to talk about the mechanics of this, you can find that information in Meta Pool’s blog, what I want to share here is what motivated us to do it.
Meta Pool boasts a global user base, creating a diverse community that thrives around the clock and spans multiple languages. Through this journey, we’ve discovered that the most effective way to expand our reach and connect with people in different regions is by collaborating with those who reside there. These individuals possess invaluable insights into the local culture, language, and the curiosity of individuals exploring the blockchain and DeFi world. That’s why we want to empower them, give them the resources they need to take us further.
In addition, by giving rewards to those who participate in the voting and delivering all the funds in META tokens, we seek not to leave aside those who are today META token holders.
FIRST ROUND GOING LIVE ON JUNE 2023
Today marked the debut of our inaugural governance mechanism, featuring active participation from community representatives who closely align with our protocol – our esteemed ambassadors. This deliberate decision was made to prioritize those who currently champion our cause within their respective regions.
Nonetheless, our ultimate aim is to broaden the scope of participation in the subsequent round, encompassing NEAR Hubs and partner organizations. This expansion will ensure a more comprehensive and inclusive approach to governance.
What are our expectations upon sharing this information in this forum? We anticipate enthusiastic participation, valuable insights, and constructive feedback from the community. We encourage individuals to join us, actively engage in discussions, and generously share their perspectives on how we can enhance this mechanism. Your input is vital to our ongoing efforts to refine and improve. Together, we can drive meaningful advancements in our governance model.
Thanks for your attention and candid feedback.
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would guide you on how to vote
