Mu DAO
Participate in running and managing the Mu Ecosystem.
A DAO is a decentralized autonomous organization, a type of bottom-up entity structure with no central authority. Members of a DAO own tokens of the DAO, and members can vote on initiatives for the entity. Smart contracts are implemented for the DAO, and the code governing the DAO's operations in publicly disclosed.
The Mu DAO uses Mu Ore as a governance token. To particiapte in the Mu DAO you would need to be a Mu Ore holder.
You need 25 $MUO tokens to unlock this role.
Create proposals. You need at least 25 $MUO (Mu Ore) tokens to create proposals.
Vote on proposals - you can vote on proposals with any amount of $MUO
Earn rewards - you will earn rewards on any $MUO you hold.
Note that to create a proposal or vote on a proposal you must deposit your $MUO into the Mu DAO. If rewards are paid while you're $MUO is deposited in the Mu DAO you will not earn rewards. The Mu DAO will get those rewards (and proposals can be created on what to do with them).
You cannot withdrawl your $MUO from the Mu DAO while you have an active proposal or vote on a proposal. Other than that you can withdrawl at anytime.
In the
Last modified 5mo ago