I recently participated in a DAO vote, and from proposal to results, the entire process was completed in just two days. Compared to other DAO projects I've interacted with before, where even the discussion phase alone could drag on for half a month, this experience was completely different.
They approach decision-making with engineering-based thinking—direct and efficient, though it lacks some warmth, but the results speak for themselves. 350,000 tokens are allocated weekly to ve token holders, with annualized yields reaching 38%, which is quite rare in terms of stable revenue distribution cycles.
What's even more interesting is their deflation mechanism. Last August, they burned 20% of the circulating supply, directly reducing 1 billion tokens to 800 million. This isn't just a gimmick—it's like drilling a hole at the bottom of a full pool, and the continuous outflow pressure fundamentally changes the ecosystem's dynamics.
Their lending protocol is also worth paying attention to. Standard collateralized borrowing model, dynamically adjusted interest rate parameters, combined with a forced liquidation mechanism and third-party security audits. With this entire risk control framework in place, the project operations are clearly evolving toward becoming infrastructure.
Whoever can position themselves as a conduit will seize the future of this track. This governance mechanism itself may well be the direction DeFi should be exploring.
I recently participated in a DAO vote, and from proposal to results, the entire process was completed in just two days. Compared to other DAO projects I've interacted with before, where even the discussion phase alone could drag on for half a month, this experience was completely different.
They approach decision-making with engineering-based thinking—direct and efficient, though it lacks some warmth, but the results speak for themselves. 350,000 tokens are allocated weekly to ve token holders, with annualized yields reaching 38%, which is quite rare in terms of stable revenue distribution cycles.
What's even more interesting is their deflation mechanism. Last August, they burned 20% of the circulating supply, directly reducing 1 billion tokens to 800 million. This isn't just a gimmick—it's like drilling a hole at the bottom of a full pool, and the continuous outflow pressure fundamentally changes the ecosystem's dynamics.
Their lending protocol is also worth paying attention to. Standard collateralized borrowing model, dynamically adjusted interest rate parameters, combined with a forced liquidation mechanism and third-party security audits. With this entire risk control framework in place, the project operations are clearly evolving toward becoming infrastructure.
Whoever can position themselves as a conduit will seize the future of this track. This governance mechanism itself may well be the direction DeFi should be exploring.