Governance
USP backing and Piku Platform parameters are all managed by PikuDAO with sPIKU votes.
PikuDAO’s mission is to establish a fully decentralized decision-making process, to create an optimal store of value currency.
A DAO is an optimal format for launching Piku because:
Piku relies on the expertise of professionals, collective knowledge and the will of the community.
DAO governance will allow the best or the most accepted ideas to shape the future direction of Piku.
DAO will allow transparent and secure management of the Piku's token.
PikuDAO’s core responsibilities will be
Decide, manage and oversee the backing structure of Piku's yield-optimized stablecoin USP
Decide on the fees and platform parameters
Give voice to experts and professionals in the economics sector
Respond to emergencies
PikuDAO Governance Process
DAO stakeholders and holders of sPIKU tokens govern asset backing, smart contract updates, and platform settings via proposals.
PikuDAO will start by a simple two stage governance process:
1) A preliminary discussion on Discord and proposal formulation on the Forum page which will be live soon.
Last updated