Waves Launches New DAO Model Called Power Protocol - Coinleaks
Current Date:September 21, 2024

Waves Launches New DAO Model Called Power Protocol

Decentralizedsmart contracts platform waves, Power Protoconew named l DAOannounced its platform.

These days, when the crypto industry continues in a bear trend, blockchain initiatives continue at full speed. Especially, DeFiand DAO There was an increase in the number of users. These sectors, which institutional companies and investors are oriented towards, are also preparing the ground for the crypto bull market. DeFi The evolution of the banking sector to a decentralized banking system drew attention. Moreover DAO attracted great attention by offering a decentralized and anonymous management environment. All these processes whetted the appetite of the projects. Finally waves, DAOtook a new step towards

Waves Launches New DAO Model Next Year

Decentralizedcrypto project waves, new and existing DAOto manage the governance architectures of its products Power DAO will start the service. This service, which will start next year, Power Protocolwill be carried out through

wavesThe company behind decentralizedmanaging or existing organizations DAOfor his services Power Protocol It is preparing to launch its governance framework, called According to the announcement, Power ProtocolIt is expected to be released in the first month of the new year.

The team of the project, simple tokenHe stated that this service is designed to deal with issues known as governance. wavesfounder Sasha Ivanovorganizations with large governance token assets with this service. DAOHe said he could influence his vote.

In addition, Waves will airdrop a new token called POWER. This token will belong to the new DAO.