WEYU Introduces the WE-DAO Token
WEYU, a Multi-Chain Platform that facilitates entry into the NFT industry, featuring NFT collections and collectables on the Solana blockchain, introduces the WE-DAO Token: The digitally programmable WEYU Governance.
WEYU introduces the WE-DAO Token, how it will be generated and distributed, and how it will operate. The arrival of the WE-DAO token is another integral brick in the foundation of WEYU and decentralization.
What is the WE-DAO Token?
The WE-DAO token is an essential addition to the WEYU project. Indeed, WE-DAO will have several features for the WEYU community to take advantage of.
Firstly, WE-DAO tokens grant you access to the DAO. Once a member, you will be able to write and vote on proposals, with one of the main benefits being fee distribution. With the NFT marketplace, WEYU Pieces, WEYU World, Expand, and all future products and services, the success will be shared and handed back to DAO members. As WEYU scales, and its overall economic and social activities grow, so will the importance of participating in governing the network… And the rewards of participation could be very nice.
What is the difference between WEYU and WE-DAO?
How do we get WE-DAO?
WE-DAO Tokens are generated in Four Ways:
- Staking
Simply stake your WEYU tokens in the WEYU Staking Protocol. This can be found at https://rewards.weyu.io Not only will you be generating WE-DAO tokens every few seconds, but you’ll also take advantage of an introductory APY of 300% in WEYU tokens.
- Liquidity Provider
WEYU highly recommends this option of generating WE-DAO tokens. By adding liquidity to WEYU token, a healthy environment for larger traders and users is stimulate on the platform. Their Raydium pool will arrive soon enabling you to pool USDC and WEYU on the Solana blockchain and receive HIGH Yields. Again, with this option, you don’t only earn WE-DAO tokens but you will also receive up to 700% APR as an introductory offer. There will be many incentives and other tokens added to reward liquidity providers to participate.
- Holders of WEYU Pieces NFTs
If you own any of the WEYU ecosystem NFTs – WEYU Pieces – you will receive WE-DAO tokens just for holding. The WE-DAO tokens will be airdrop periodically over the course of 12 months. REMINDER: Holders of WEYU Pieces receive very special benefits with the upcoming WEYU World NFT launch.
- Holders of WEYU World NFTs
WEYU World will consist of several types of NFTs and all holders of these NFTs will receive WE-DAO tokens. WEYU World will launch later this year.
What Features will WE-DAO have?
The first three features:
- voting rights
- proposal creation
- distribution of all WEYU network fees as a reward
About WEYU
WEYU is a Multi-Chain Platform that facilitates entry into the NFT industry. WEYU was develope as a user-friendly platform that helps cutting-edge NFT projects to launch their collections or initiatives within the WEYU ecosystem.
SOURCE
https://weyu.io/blog/about-wedao-governance
