🗳️Woken Protocol Votes
$WKN protocol votes
With the $WKN, Woken Exchange's native token, you can submit proposals and vote for the protocol on the DAO
Voting strategy Woken Protocol
Applies to all the Woken protocol proposals and votes (can be changed in protocol voting proposals)
Types of protocol proposals
$WKN Trading Hours
Validation of $WKN trading hours will always be community-based.
Timekeeper Enabled/Disabled
Enable or disable the $WKN Timekeeper will always be community-based.
Projects that want to become Certified Project (join the DAO)
Some projects wishing to join the DAO, and thus become Woken Certified Projects, may be submitted to the community for approval. Our aim is to integrate the most promising projects that the community appreciates.
DAO Settings
All the DAO settings can be submitted to the vote, such as the number of WKNs required to vote for the protocol or Certified Projects, Quorum, voting deadlines...
Token Icon on the DEX Token List
Each of our Woken Certified Projects has its Token Icon listed on the DEX token list. However, it is also possible via a community vote, to officially list a project outside the DAO to our Token List, if it is popular, serious and deserves to appear officially on the DEX.
WKNs required to access services
The number of WKNs required to access to the Timekeeper Events Bot will be adjusted on a community basis. This service must remain accessible to all and adjusted according to the WKN price.
Protocol evolution
All protocol evolutions are decided by the community. For example, choosing the blockchain on which to deploy the DAO (deploying the WKN on a new chain). Adjusting the percentage of rewards on protocol votes to ensure its sustainability and maintain an APY between 5 and 7%, token burn, enable/disable swapFee for a pair, etc...
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