⚖️DAO
TL;DR
Participating in the protocol allows you to earn rewards in the form of RAD. By participation, we mean not only the contribution of an asset, but also the contribution of the liquidity used to finance it.
Each RAD has the right to vote on changes to the protocol through Radao Improvement Propositions (RIP). RIPs can be offered by anyone, including those who do not have a FDR.
Reason why
Radao's DAO Token (ticker "RAD") is the Radao Protocol's governance token. The DAO - made up holders and delegators - governs the Radao Protocol using a weighted voting system in which the amount of Radao tokens held determines voting power.
RAD holders will be able to vote on changes to the protocol, including:
Deploy Radao core smart contracts across multiple protocols and networks;
Models new financial products;
Decentralize the hosting of the front end to the protocol and the governance;
Govern the DAO Treasury.
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