We are super excited to announce the birth of the HYFI DAO (Hybrid Finance Decentralized Autonomous Organization)!
HYFI DAO Members own & govern all HYFI assets & projects. They control 800 million HYFI Tokens (80% of the Total Supply) reserved for funding, Infrastructure, Dev Tools, Ecosystem Development & Retroactive Public Goods Funding.
1. What are DAOs?
Decentralized Autonomous Organizations (DAOs) are the gold standard for Blockchain & Crypto projects as they enable average users to contribute & vote on changes to the projects.
A DAO is like "an Internet-based community with a shared bank account".
You can think of it as a mutual fund where instead of a central manager, the participants decide on the investment and other decisions.
DAOs run on public blockchains and their rules are coded in smart contracts.
Since DAOs run on public blockchains, anyone can check and verify all the financial transactions made by the DAO.
Members of a DAO don't have to trust each other - they have to trust the code.
2. About the HYFI DAO
Being a DAO, HYFI ensures complete transparency, democracy, efficiency & global collaboration.
Decentralization is at the core of HYFI and decisions are made by a community of stakeholders. Each member holds a tokenized share of HYFI's voice.
HYFI DAO Members:
✅ Own & govern all HYFI assets & projects.
✅ Control 800 million HYFI Tokens (80% of Total Supply) reserved for funding, Infrastructure, Dev Tools, Ecosystem Development & Retroactive Public Goods Funding.
✅ Can propose, discuss & vote on various aspects of the DAO, including protocol changes, project funding, and strategic initiatives.
HYFI Projects
HYFI Blockchain
Whisky Fractions
Whisky Lending
Decentralized Whisky Derivatives
AlcoBev Blockchain Services
Decentralized Whisky Oracle
Decentralized Startup Shares Oracle
Crypto Indexes
For more information
Visit: https://hyfidao.com
Email: team@hyfidao.com