From Users to Rulers: Launch of the First DAO on TON

From Users to Rulers: Launch of the First DAO on TON

The decentralized finance (DeFi) scene on TON takes a crucial step with the launch of the first DAO (Decentralized Autonomous Organization) run by STON.fi. This innovative structure allows users to not only participate in the ecosystem, but also to propose, vote, and make decisions that will impact the future of the platform. With the STON.fi DAO, every STON token that is staked becomes an active voice within the community, thus evidencing the importance of the role each user plays in the evolution of the protocol.

Why a DAO and Why Now?

A DAO represents a governance model in which community members have the ability to make collective decisions without the intervention of a central authority. This approach, more than just a philosophy, serves as a practical operating system for development, offering developers, liquidity providers, and real users an active role in shaping the protocol’s future.

• Community-driven decision-making: Ideas coming from the community are debated and executed through a system of proposals and voting.
• Aligned incentives: Voting power is derived from active participation through staking, creating a direct link between influence and long-term commitment.
• Auditability: All proposals, votes, and results are traceable and verifiable on the blockchain, ensuring the transparency of the process.

How to Join the DAO

Participating in the STON.fi DAO is simple and allows you to turn your daily product feedback into real impact on listings, rewards, and roadmap priorities. Early members not only influence the governance culture, but also increase their visibility within the community.

• Stakear STON: Stake your STON tokens on the STON.fi app to gain voting power (VP).
• Creation of ARKENSTON: When staking, an ARKENSTON token is automatically issued, representing your PV in a non-transferable manner.
• Higher staking and lock-up period: The higher the amount of STON staking and the longer the lock, the higher the PV multiplier.
• ARKENSTON Linking: The ARKENSTON token remains associated with your wallet; only staking or unstaking actions modify your PV.

How to Propose, Vote and Discuss in the DAO

Once you’re part of the DAO, you’ll be able to create proposals, discuss them, and vote on them. The process is as follows:

• Creating a Proposal: Detail your suggestion, the expected impact, and how it will be implemented.
• 3-day discussion: Gather feedback and answer questions to refine your proposal before opening it up for a vote.
• 7-Day Voting: It opens the voting period where DAO members cast their vote for or against the proposal.
• Implementation: Approved proposals are carried out in the implementation phase.

Why It Matters

The launch of the STON.fi DAO marks a milestone for users, developers, and the broader ecosystem:

• For users: They can influence the roadmap that affects your day-to-day experience — fees, listings, and reward mechanics.
• For developers: It provides a predictable and transparent path to propose improvements and integrations.
• For the ecosystem: Strong and visible governance signals maturity to partners, contributors and institutions in the sector.

The decentralized era at TON starts here

Participate in this decentralized government revolution at TON. Learn how to stake STON, how to get involved, and how your voice can influence the future of DeFi. With the STON.fi DAO, a new standard is set for accountable, transparent, and user-owned governance.

Read more about the topic in the original article: From Users to Rulers: Launching the First DAO on TON.