The main objective behind the Doggy DAO is to prevent devs from wielding authority over certain areas, and ultimately transfer power to the community.
The team behind the Shiba Inu Coin has announced the launch of the first phase of Doggy DAO – dubbed – DAO 1 . It aims to accelerate the growth of the token while staying true to the ethos of decentralization., the main focus of DAO 1 is to bestow the community members with “immediate power” to decide on the crypto projects and pairs on the ShibaSwap platform. The community will also have a say on how the BONE rewards are distributed amongst them.
With the help of the new community voting system, users will be able to allocate their voting power when holding the staked form of BONE, also called – tBone, into the projects that they wish to work on and monitor various aspects.
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