Thread by @KromatikaFi

Kromatika DAO is born🔥

0/10 What is a DAO?
A Decentralized Autonomous Organization, means that an organization has no central authority nor is it run from a centralized location. A #DAO is an organization run by the people, for the people.

$KROM #Web3 #DEX #KromatikaDAO

Governance step by step process :

1/10 Create a new proposal on discord gov-discussions using the [KCP] Template discord.gg/GKQzkP7zqH

#KromatikaDAO $KROM

2/10 The community discusses and gives feedback on the submitted proposal for a week.

The feedback and discussion take place on discord gov-discussions. discord.gg/GKQzkP7zqH

#KromatikaDAO $KROM

3/10 After feedback has been given, and the proposal updated (if needed), the delegates signal that the proposal is ready for voting & they are willing to support it by posting a text message.

This phase is often called “temperature check” phase and lasts for a week (7days).

4/10 For a proposal to go through to snapshot voting, it must first pass the delegate voting phase.

At least 3 delegates, each with a minimum of 50000 $KROM voting power need to sign in agreement of the proposal on #Discord.

#Voting #DAO #Decentralization #KromatikaDAO #DEX

5/10 To become a delegate join discord gov-delegates.

Click here: discord.gg/VmhzN4AWVm

$KROM #KromatikaDAO #DAOs #Crypto

6/10 If you'd rather choose to assign your voting power to a delegate that aligns with your views click the link below.

snapshot.org/#/delegate/kro…

$KROM #KromatikaDAO

7/10 If you are a $KROM holder, and don't want to delegate your voting power to anyone, you can either participate in governance yourself or contribute by snapshot voting on proposals that pass the "temperature check" phase.

#KromatikaDAO #DEX #DeFi

8/10 If the proposal is approved, the next phase is: An official proposal will be created on Snapshot whereby the community votes.

The voting period lasts for a week(7days).

snapshot.org/#/kromgov.eth

#KromatikaDAO $KROM #DeFiProject

9/10 If the proposal gets approved by the community through snapshot voting, the approved proposal will be added as a task on dework.

The progress of the task will be transparent and can viewed by the community on dework.

app.dework.xyz/kromatika-dao

#KromatikaDAO $KROM #DeFi

10/10 Here is an article that includes all of this information in one place:
blog.kromatika.finance/kromatika-dao-…

Please note that #KromatikaDAO is an ever evolving process, and you are invited to be a part of this evolution.

Submit proposals, become a delegate and vote.

$KROM #DEX

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Thank you for taking time to read thus far.

#KromatikaDAO #Kromatika #DEX $KROM #Crypto #Decentralization

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