Dao

The mission and structure of BumbSwap DAO.

The core of BumbSwap's mission is to promote a decentralized and community-driven platform in the BTC ecosystem. To achieve this, we've designed the BumbDecentralized Autonomous Organization (DAO) and a robust governance model.

The BumbSwap DAO is the embodiment of our commitment to decentralization. It serves as the cornerstone of our protocol, ensuring that the power to shape the future of BumbSwap rests in the governance exercised by the DAO members. Important decisions such as reward distribution, protocol updates, fee structures, partnerships and DAO treasury management, are all decided through the proposal and voting governance model.

The DAO is designed to promote transparency, empower our community, and foster a sense of shared ownership and active participation.

Conclusion

In essence, the BumbSwap DAO and governance model is a testament to our belief in decentralized decision-making and community ownership, which is still under-represented in the BTC ecosystem. It is our commitment to ensuring that BumbSwap remains a platform dedicated to every BRC20 traders and the BTC ecosystem.

Last updated