Saturn DAO: Delegated voting

As an investor it may be hard to track everything going on within the Saturn Ecosystem, or you may just need a vacation? With Saturn DAO delegated voting will be easy to manage.

Saturn DAO: Delegated voting

As a community project governed by direct democracy via Saturn Tokens, it may get hard for investors to keep track of everything that goes on within the ecosystem. Luckily, there are many smart and dedicated leaders in our community that passionately express their opinions on the forum, telegram, discord, twitter and other social networks.

Saturn Protocol v2
Saturn Network plans major exchange protocol updates to improve overall liquidity and dapp interoperability on Ethereum and Ethereum Classic.

If you are only interested in investing in Saturn tokens to earn money via contributing to liquidity pools and earning dividends via Saturn DAO, and you do not feel like you have what it takes to make informed decisions on every topic, you will enjoy the delegated voting function built into Saturn DAO Governance.

Saturn DAO Governance
Deploying Saturn Protocol v2 is part of Stage 5 of our roadmap that sees DAO activation: enabling community governance secured on by blockchain. How will Saturn DAO governance and stakeholder’s voting power work?

Delegated voting allows you, as an investor, to find or hire a person in the community that represents your beliefs the best and delegate your vote to them. You will still earn the dividends if Saturn DAO votes for distribution. However, your chosen delegate will be able to vote on protocol fee changes, listing fees and project funding decisions, and their voice will be amplified by your stake in the DAO.

saturn-investor-program

Delegated voting, combined with streaming payments of Saturn DAO, can form the basis of voting pools, where the community will be able to solicit the help of independent thought leaders to properly govern the evolution of Saturn Protocol, and these leaders or organizations will transparently get paid for their expertise. Conceptually, this is similar to how the Cardano network approaches creation and funding of its staking pools.

Work for Saturn DAO
How can an on-chain DAO pay its investors and workers to continue growing? Coordinate with people in a trustless way? Let’s dive into it together.

Of course, this functionality is entirely optional, and you may cancel your vote delegation at any time and either start voting directly yourself, or choose another delegate that better represents your views.

Future is bright!

New to Saturn Network?

Read more about Saturn Protocol V2 below, an upcoming major exchange protocol upgrade which will bring token to token pairs, automatic market making, DAO activation for community governance, dividend payments and much more!

Saturn Protocol v2
Saturn Network plans major exchange protocol updates to improve overall liquidity and dapp interoperability on Ethereum and Ethereum Classic.
The Final HODL: Prometheus
Saturn Investment Program launches the final HODL: Prometheus. Saturn Protocol v2 will bring DAO activation, profit sharing, automatic market making and much more.

Find Team Saturn on Twitter, subscribe to our subreddit and join our community forum to suggest new features and engage with other Saturn DAO members.

Loading...