Governance
Dough Finance - Comprehensive Guide
Introduction
Welcome to Dough Finance, a decentralized finance (DeFi) application built on top of AAVE V3. Our mission is to provide users with a seamless and secure way to participate in DeFi while sharing the benefits of our treasury by holding DOUGH Tokens.
Key Features
Built on AAVE V3
Dough Finance leverages the robust infrastructure of AAVE V3, offering users a wide range of DeFi services, including lending, borrowing, and earning interest on their assets.
DOUGH Tokens
Presale: Users can purchase DOUGH Tokens during the presale.
Locked Tokens: Once transferred to users' wallets, DOUGH Tokens are locked forever and cannot be traded.
Future Airdrops: We plan to conduct airdrops in the future to reward our community.
Tradeable Tokens: A separate, tradeable token will be introduced in the future, distinct from the current locked DOUGH Tokens.
Treasury Sharing
By holding DOUGH Tokens, users share in the profits of the Dough Finance treasury, benefiting from the platform's growth and success.
Governance
Proposal Creation: Only the Dough Finance team can create proposals.
Voting: Users vote on proposals using their DOUGH Tokens on Snapshot.org, an off-chain voting platform.
How It Works
Participating in Dough Finance
Acquire DOUGH Tokens: Purchase DOUGH Tokens during the presale.
Hold DOUGH Tokens: Your tokens will be locked in your wallet forever, giving you a share in the treasury.
Earn Rewards: Benefit from the platform's treasury and future airdrops.
Voting on Proposals
Visit Snapshot.org: Go to our dedicated voting page on Snapshot.org.
Review Proposals: Review active proposals created by the Dough Finance team.
Vote: Use your DOUGH Tokens to vote on proposals. Voting is conducted off-chain, ensuring a secure and efficient process.
Governance Process
Proposal Guidelines
Proposal Creation: Only the Dough Finance team can create proposals.
Proposal Structure:
Title: Clear and concise title of the proposal.
Summary: Brief overview of the proposal.
Details: In-depth explanation, including data and analysis.
Impact: Discussion on the benefits, potential downsides, and affected parties.
Financials: Financial implications and funding sources.
Voting Options: Clear explanation of what "Yes" and "No" votes mean.
Voting Strategies
Snapshot.org: Voting takes place on Snapshot.org using off-chain mechanisms.
Token Weight: Voting power is determined by the number of DOUGH Tokens held by each user.
Future Plans
Airdrops: We will reward our community with airdrops of new tokens.
Tradeable Tokens: Introduction of a new, tradeable token to enhance liquidity and user engagement.
Expanded DeFi Services: Integration with additional DeFi banking providers to offer a broader range of financial services.
Security and Transparency
Smart Contracts: Audited and secure smart contracts to protect user funds.
Transparency: Regular updates and transparent communication with the community.
Governance: Fair and transparent voting process to ensure community involvement.
FAQs
How do I buy DOUGH Tokens?
DOUGH Tokens can be purchased during our presale. Details on the presale will be provided on our official channels.
Can I trade my DOUGH Tokens?
No, DOUGH Tokens are locked in your wallet forever and cannot be traded. We plan to introduce a separate tradeable token in the future.
How do I participate in voting?
Visit our page https://vote.dough.finance or Snapshot.org page to review active proposals, and use your DOUGH Tokens to vote.
What are the benefits of holding DOUGH Tokens?
By holding DOUGH Tokens, you share in the profits of the Dough Finance treasury and can participate in future airdrops.
This document serves as a comprehensive guide to Dough Finance, outlining its features, governance structure, and future plans. If you have any questions or need further assistance, please reach out to our support team. Welcome to Dough Finance!
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