โ๏ธPONYDAO Token
$PNYD
Purpose ๐
The PONY DAO is controlled by PONYDAO token holders who participate in voting on off-chain proposals that impact governance the growth of the $PONY Index. Governance unlike commonly used governance voting models that can be cumbersome and slow, as a laser-DAO, Pony Finance aims to be a fast-paced, aggressive and governance streamlined DAO.
Utility โ๏ธ
Funding DAO contributors. As the first "laser-DAO", the aim is stay lean with contributor count, focuses heavily on high-level, multi talented small amount of core contributors in contrast to large working groups of part-time contributors. We will leverage wider community contribution through paid bounties and grants with clear outcomes.
All revenue from $PONY Index will be accrued back to the DAO treasury under governance control, with long term outlook we're open to exploring fee-sharing utility for PONYDAO holders, but only after achieving significant growth where the revenue makes sense.
$PONY Index incentivisation schemes, grants & bounties. Incentivisation will be focused on long-tail sticky growth (partnerships, product listing, etc)
PONYDAO holders have the ability to shape how the DAO treasury funds are spent by influencing Tally votes proposed by the core team.
PONYDAO launched as a simple ERC-20 governance token initially, with potential experimentation with token utility as we grow.
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