Documents
  • Introduction
  • PRODUCTS
    • Smart Dashboard
    • Cross-Chain Trading
    • Cross-Chain Yield Farming
    • Intelligent Data Selection
    • Performance Leaderboard
    • Gamifying Finance
    • EGG Protocol (Utility Token)
    • Zero-Knowledge KYC
  • LEGAL
    • Risks
    • Terms
    • Privacy
    • Avoid Scams and Fraud
  • OTHER
    • Blog
    • Road Map
    • EGG DAO
    • Revenue Streams
    • Competitive Benchmark
    • FAQ
  • TUTORIALS
    • MetaMask Tutorials
      • View EGG on Metamask
      • Connect Metamask on Mobile
      • How to import your MetaMask wallet on WalletConnect and login to EGG.FI?
      • How to fix "MetaMask already connected" issue on your EGG.FI profile?
  • Yield Farming Tutorials
    • How to Stake ETH 2.0?
    • How to Stake Tokens?
    • How to Mine Liquidity?
  • Airdrop Tutorials
    • How to Earn free Airdrops?
    • How to withdraw free EGG via ETH Network?
    • How to withdraw free EGG via BSC Network?
    • List Project on EGG.FI
  • EGG Tutorials
    • View EGG on Trust Wallet
    • How to Activate Max APY by Holding 10,000 EGG?
    • Earn EGG by Inviting Friends
  • Blockchain Dictionary
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  1. OTHER

EGG DAO

A DAO first has to have some internal property, tokens that can be spent by the organization or used to reward certain activities within it. Secondly, while participating in a DAO, users get voting rights and subsequently the ability to in fluence the way it operates.

The EGG protocol is governed and upgraded by EGG token-holders. The Voting smart contract allows the community to propose, vote, and implement changes through the administrative functions of the EGG token. Proposals can modify system parameters, support new markets, or add entirely new functionality to the protocol.

Voting corresponds to locking your EGG for the duration of the poll, the weight of your vote corresponds to your proportion of EGG in the overall poll.

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Last updated 3 years ago

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