The reason why WX DAO is structured to have a low level of risk is quite straightforward.
29 Oct 2023, 10:01
The reason why WX DAO is structured to have a low level of risk is quite straightforward. When you become a member of the DAO, you receive $pwr tokens that are staked within the DAO, and you have the option to unstake and sell them at a later time. This means that the extent of…
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1WavesWAVES #307
29 Oct 2023, 10:37
The reason why WX DAO is structured to have a low level of risk is quite straightforward. When you become a member of the DAO, you receive $pwr tokens that are staked within the DAO, and you have the option to unstake and sell them at a later time. This means that the extent of your risk is essentially tied to the price of the $pwr token itself.
The $pwr token serves as the utility token for the Power governance protocol and has intentionally been designed to be scarce. Consequently, when you become a member of the DAO, you effectively acquire $pwr tokens at the prevailing market rate.
What's worth noting is that individuals who join the DAO at this moment do so at a discounted rate. This is because, in the future, the DAO treasury will factor into the price calculations. Presently, you are entering the DAO at a price that reflects the market value of the $pwr token, which offers a degree of stability and predictability to your investment.
The reason why WX DAO is structured to have a low level of risk is quite straightforward.
The reason why WX DAO is structured to have a low level of risk is quite straightforward. When you become a member of the DAO, you receive $pwr tokens that are staked within the DAO, and you have the option to unstake and sell them at a later time. This means that the extent of your risk is essentially tied to the price of the $pwr token itself.
The $pwr token serves as the utility token for the Power governance protocol and has intentionally been designed to be scarce. Consequently, when you become a member of the DAO, you effectively acquire $pwr tokens at the prevailing market rate.
What's worth noting is that individuals who join the DAO at this moment do so at a discounted rate. This is because, in the future, the DAO treasury will factor into the price calculations. Presently, you are entering the DAO at a price that reflects the market value of the $pwr token, which offers a degree of stability and predictability to your investment.
https://app.power.tech/dao/3PEA2Mr8CgWXdaosBUK3TqxpWDC4MSofsYn