Glossary mpDAO
mpDAO: Abbreviation for "Meta Pool's Decentralized Autonomous Organization." It represents the decentralized governance structure governing Meta Pool's operations.
Liquid Staking: The process of staking cryptocurrency assets to earn rewards while still maintaining liquidity, allowing users to access and use their tokens without waiting for staking periods to end.
Decentralized Autonomous Organization (DAO): An organization governed by code and consensus, typically on a blockchain, where decisions and actions are determined by the collective votes and contributions of its members.
mpDAO Token Holders: Individuals or entities that hold mpDAO tokens, serving as primary stakeholders with influence over mpDAO's development, governance, and resource allocation.
Governance: Decision-making and structure within an organization or network.
Community-Driven: Decision-making that involves active community participation.
$META Token: Governance token within Meta Pool's ecosystem.
Stakeholder: Entity with a vested interest and influence in the organization's activities.
Multi-chain: Expanding to operate on multiple blockchain networks.
mpDAO Grants: Structured funding mechanism for community proposals aligned with mpDAO's goals.
mpDAO Goals: Clear objectives that drive the vision and purpose of mpDAO, including fostering community-driven governance, enhancing blockchain network security, and promoting decentralized finance (DeFi).
mpDAO Treasury: Reserved fund pool managed by mpDAO.
Vote-to-Earn Rewards: Program rewarding community members for active participation in governance.
Proposal: Formal submission outlining a project or initiative seeking funding.
Last updated