aelf Blockchain Announces the Foundation of aelf DAO

aelf blockchain announced that aelf DAO was founded, aiming at perfecting aelf's governance mechanism and ecosystem growth. This DAO will be comprised of aelf's stakeholders. To be more specific, roles include Mainnet ELF token holders, BPs, and ecosystem projects.

In terms of governance, the two major roles are voters and BP. Voters are Mainnet ELF holders who delegate their votes to nodes, while BPs are elected by voters to produce blocks and secure the network. Both parties, together with candidate nodes, who are likely to become BPs, contribute to the governance of aelf network and receive rewards accordingly.

Source

Public Chain

DAO

Governance

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