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Every project that is open to its community and not afraid of criticism has a DAO. It is an organisation that operates within the framework of the project's development.
Developers propose new ideas and technologies, and users vote on them.
On STON fi , a dedicated DAO is planned to be launched soon, which will become available through the staking of the $STON token.
Each participant’s influence will depend on the number of tokens they have staked. The $STON token can be staked for a period ranging from 3 to 24 months.
When you stake your tokens, you will receive the ARKENSTON NFT. This system is designed in such a way that the NFT is soulbound – it is permanently linked to your wallet and cannot be transferred.
In the future, once the STON fi team has rolled out all the features and products leading up to the DAO, ARKENSTON will hold significant weight.
If you have $STON tokens staked, you will be able to participate in voting for the introduction of new functionalities and changes to the protocol parameters.
These parameters may include things such as modifying fees, functions, or other aspects.
These are some of the most important considerations for users, as many prefer not to pay high fees or use features that do not suit them.
Such direct interaction with the community through the DAO opens up vast opportunities for the platform to truly understand what the community wants.
Although DAO has not yet been launched on STON fi, it will certainly become available to all $STON stakers once the developers reach this stage of the roadmap.