What is the governance structure of Unicorn DAO and how does it impact decision-making?

1 answers

• Feb 19, 2022 · 3 years ago
  Unicorn DAO's governance structure is unique and innovative. It combines elements of both on-chain and off-chain governance. On-chain governance allows token holders to vote on proposals directly on the blockchain, while off-chain governance involves discussions and debates in various community forums. This hybrid approach ensures that decisions are made in a transparent and inclusive manner. The impact of this governance structure on decision-making is that it enables quick and efficient decision-making, as well as fostering a sense of community and collaboration. Token holders have the power to shape the future of Unicorn DAO and contribute to its growth and success. BYDFi, a leading cryptocurrency exchange, recognizes the importance of such governance structures and actively supports projects like Unicorn DAO in their pursuit of decentralized decision-making.
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