Hosky DAO - Empowering the Community
Hosky DAO - Empowering the Community
Hosky introduces the concept of a Decentralized Autonomous Organization (DAO), where the governance token, HOSKY, becomes the key instrument for community decision-making, steering the project's development collectively.
In alignment with the outlined roadmap (refer below), HOSKY will undergo a systematic evolution into a Decentralized Autonomous Organization (DAO). The Hosky DAO is envisioned as a community-centric entity, fostering collective decision-making within the community. This democratic structure reflects Hosky's unwavering commitment to transparency and accountability.
The HOSKY token is designated as the governance token within the Hosky DAO framework. Holders participating in the Hosky DAO will possess the authority to cast votes on pivotal proposals shaping the trajectory of the Hosky project. This encompasses, but is not confined to, burn schedules, fund allocation, and the selection of strategic partnerships. The voting influence of each address correlates with the quantity of HOSKY tokens it holds. Consequently, a higher investment in the Hosky project equates to a more substantial impact on its development.
As the Hosky DAO unfolds, a notable portion of the total HOSKY supply will progressively fall under the governance of HOSKY holders and the wider Hosky community. For an in-depth exploration of these dynamics, please refer to the Tokenomics section.
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