The Marnotaur team finally takes its first steps towards creating a DAO for Marnotaur’s community of users. Stakers of our $TAUR utility coin and holders of our NFTs will have the opportunity to participate in the voting process on the Snapshot platform.
Marnotaur’s DAO voting page: https://snapshot.org/#/marnotaur-dao.eth
We’ve devoted a special section to the DAO on our Discord server. There you can discuss any issues, ask questions and get a full list of voting participants.
Snapshot is a decentralized platform that provides a convenient voting mechanism and is able to calculate the voting power of any individual user. Snapshot offers a versatile solution for various crypto projects as it supports specific voting strategies.
Aside from a smooth user experience, users of the platform can conduct off-chain polls and votes — free of charge.
- Multiple voting strategies
- Gasless proposal creation
- A flexible voting system incl. single choice and approval voting
- Crypto projects can choose a unique skin and domain name
Let’s take a look at the available voting strategies:
- erc20-with-balance — this is the most common strategy variant and it checks whether participants have the minimum amount of tokens required to vote.
- erc20-balance-of-delegate — similar to the previous variant but users transfer their tokens to third parties, establishing their voting power.
- erc1155-all-balances-of — a strategy for holders of certain NFT collections, which means that only holders of certain tokens are allowed to vote.
- erc721-enumerable — also a strategy that ensures only wallets containing a particular NFT can vote. This differs from the previous strategy in that it pertains to an individual token, whereas 1155 is used for collections of tokens.
- eth-balance — this strategy is based on the amount of Ether in a user’s wallet.
To be able to vote on a given proposal, you need to match the voting strategy preinstalled by the crypto project.
Please note: a sufficient amount of tokens or other assets must be in your wallet at the moment the block is created. Otherwise, you will not be able to participate in the proposal process and your vote will not be counted.
Algorithm:
- Go to: https://snapshot.org/#/marnotaur-dao.eth
- Click on the “Connect wallet” button.
- Connect up the wallet containing the required token(s).
- Select the option you want to vote for.
- Sign the message with your wallet.
Marnotaur DAO is not just a group of degen traders, it’s a crypto family that is confidently walking the path to financial independence in the DeFi market.
With our DAO, you will get access to real gamification, training sessions, detailed analytics and guilds. Also, there is the opportunity to take part in different games and to get to know the gamification mechanics, depending on which NFT(s) from the MÆRⴼTΩR collection you hold.
Become part of Marnotaur’s governance by voting on decisions that determine how the liquidity protocol should be developed.
We do appreciate our audience and intend on sharing valuable and insightful information with the most loyal Marnotaur users.
So, join the Marnotaur DAO and сontribute to our mutual success in the crypto world.
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