- An Introduction to the DAO concept
- Prerequisites to Vote
- How to Vote for a Proposal
- The Goal of the Threefold DAO
A decentralized autonomous organization (DAO) is an entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain.
DAOs are internet-native organizations collectively owned and managed by their members. They have built-in treasuries that are only accessible with the approval of their members. Decisions are made via proposals the group votes on during a specified period.
Voting for a DAO proposal is very simple. You first need to meet certain requirements to be able to vote.
- Have a Threefold farm
- Have at least one active 3node server on the farm
- If you created your farm with the Threefold Connect app
To vote, you need to log into your Threefold Dashboard account, go to the DAO section of Portal and vote. Make sure to read the proposition and ask questions on the Threefold Forum proposition post if you have any.
You can watch this short video to learn how to vote for a Threefold DAO proposal:
If you have any questions, ask around on the Threefold forum DAO section.
The goal of DAO voting system is to gather the thoughts and will of the Threefold community and build projects that are aligned with the ethos of the project.
We encourage anyone to share their ideas. Who knows? Your sudden spark of genius might lead to an accepted proposal on the Threefold DAO!
For more information on the Threefold DAO, read the Threefold Library.