# mpDAO Governance When we launched on August 23rd, 2021, our goal was to deliver a Liquid Staking platform built on top of a Decentralized Autonomous Organization (DAO), enabled by the NEAR Protocol within its ecosystem. Governance plays a crucial role in a DAO as it facilitates decision-making, consensus-building, and coordination among network participants in a transparent, democratic, and decentralized manner. Meta Pool has evolved since its launchment as a multi-chain Liquid Staking provider starting in 2023, extending its presence across various blockchains, including Ethereum, and aiming for governance at this advanced level. Governance v0.2 is scheduled to start in October 2023, following the lessons learned during v0.1, which unfolded from June to September 2023. ## **Initial Token Allocation (**Until November 15, 2023) **Max supply: 1,000,000,000 $META** * **Community & Treasury: 57%** The biggest $META allocation is funds for community and growth, so the community can be the most important part of the Governance. $META token holders vote on DAO Governance to define the protocol's future. * **Founders: 30%** For the work of creating, launching, promoting and maintaining the protocol. Founders’ tokens have a 1 year lockup followed by a 2-year linear release. (3 years total) * **Team & Advisors: 3%** In order to create a world class product, we need the best of the Web3 Ecosystem working and collaborating in the protocol. They will be committing long term to the protocol. Advisors’ tokens have a 2 year lockup followed by 1 year linear release. (3 years total) * **Investors: 10%** Partnering with leading investors and institutions will be key to our global reach and also better understanding of the macro conditions of the crypto markets. We know what we don’t know, that is why senior advisors and access to their network will be critical for our growth. Investors’ tokens have a 1 and 2 year lockup followed by 1 year linear release. (2 and 3 years total) Allocation for venture rounds:\ 4% Seed round\ 6% A round --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.metapool.app/master/tokenomics-and-governance/mpdao-governance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.