October 2, 2022

FaDAO mechanism is fully upgraded to create a new generation of “DAO” organization

Recently, FaDAO has carried out a comprehensive upgrade of its mechanism. In terms of economic model, stop FA mining output, each transaction generates transaction fee, 5% is allocated to liquidity providers, 5% is directly destroyed, and all Fa holders benefit; management mechanism, FaDAO management and operation The rules are encoded on the blockchain in the form of smart contracts, and all decisions are made by voting in a decentralized manner, which truly allows all power to return to the community, and all interests belong to community users.

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