Wtf is DragonDAO
Last updated
Last updated
Dragon DAO is a decentralized autonomous organization that stewards the Dragon Metaverse. CHI is the governance token of DragonDAO.
In the crypto-economic design, DragonDAO will hold 48% of the genesis supply of CHI tokens. It will be split equally into three parts, each accounting for 16%:
Dragon X, a Dragon community treasury vault;
Dragon Y, as an incentive to build the metaverse system called "MeFi";
Dragon Z, for future development, to build a system combined with MeFi and NFT.
DragonDAO will be officially launched on-chain after the first DAO constitution is voted on by the community members.