🏛️Governance / DAO

Participate is Ago's development

The decentralized autonomous organization (DAO) is both owned and managed by users. Built on the blockchain, the DAO designates the voting rights a user has within the community. Thanks to the governance token, each new platform feature is subject to a vote before it is implemented.

As a governance token, it affords holders the right to vote on matters concerning the Ago's key development decisions. This point explains token distribution, with 66.7% of tokens dedicated to public sale.

AGO token holders will therefore be able to participate by voting on the outcome of:

• New application features.

• Validation of marketing budget and rewards.

• Release of reserves for optimal development.

The more tokens an investor holds, the more decision-making power they will have within the DAO.

Each user can create and share an Ago Improvement Proposal (AIP) to upgrade the platform, use the foundation’s funds, or any other matters concerning Ago.

After AIP publication, users can use their tokens to vote and decide whether this proposal should be approved or not.

Voting is as follows:

• Quorum (minimum number of tokens to consider a vote): 10% of the total supply

• Consensus (minimum percentage of voting choice to consider a vote): 50%

Voting method: 1 token = 1 vote (users must stake AGO to take part in governance).