First Round of Initiative Voting Successfully Completed

dao governance and voting

TL;DR

  • The first round of voting for governance DAO initiatives concluded on June 30th.
  • Over 11M votes were cast and 374,496 of $META delivered to the winners.
  • 2 winning initiatives will be funded and remaining funds will be used in the next vote.
  • The call for initiative proposals is open and voting starts on July 10th, 2023.

We are pleased to announce the conclusion of the inaugural vote conducted by the Meta Pool DAO. Over 11 million votes were allocated to three initiatives spanning Asia, Europe, and Latin America. The first two initiatives secured funding, with 374,496 $META being delivered to the winners. Furthermore, the third initiative will have another opportunity to participate in the next round to obtain the funds needed to bring the idea to fruition.

Winners of the first round of voting:
  • Proposal to Attend Coinfest Asia 2023 | 6.55 M votes
  • Connemara Staking Party BBQ | 3.19 M votes

There has been a lot of discussion surrounding the first version of governance, and the successful completion and distribution in this initial voting round reflects the community’s positive response!

meta pool dao voting

Vote-to-earn

All the voters who participated in the current month by voting for a validator or initiative proposal will receive governance rewards from the Vote-to-earn mechanism. We will distribute nearly 1M $META and the claim mechanism will be announced in the coming days.

How META token holders shape the future

Our mission is to bring genuine value to our community. To achieve this, we prioritize the active involvement of META token holders in the decision-making process of the DAO. Each month, META token holders vote on initiatives presented by our Community Representatives. This inclusive voting process ensures that every voice counts in shaping the direction of our protocol. We then allocate all of the value generated by our Liquid Staking platform to the individuals and organizations actively engaged in our governance.

dao staking rewards

Open call for initiative proposals

If you are a community leader sharing Meta Pool’s vision for DeFi, create your own proposal for the upcoming Voting Round #2 of Meta Pool’s DAO. To participate, simply create a draft and request to be whitelisted for publishing. You can send your proposal to @alan_network on Telegram.

Next vote starts on July 10, 2023

Don’t miss out on this chance to make your voice heard and reap the rewards. Stay tuned on discord and telegram channels and together, let’s create a stronger, more inclusive community.

To conclude, we believe in transparency, accountability, and the power of collective decision-making. By participating in our governance, you not only contribute to the growth and success of Meta Pool but also stand to gain from the benefits of your involvement. Join us as we pave the way for a stronger, more decentralized future. 


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