The Decentralised Monetary Fund (DMF)
The DMF will build a novel DAO pattern optimised for control of the finance.vote monetary policy to the token holders. The DMF sets the inflation rate by creating new reward pools and initiating new voting markets. It also controls the ecosystem development fund, which will add full transparency to the assets designed to maximise the impact of finance.vote ecosystem within the crypto community.
The $FVT MiniDAO
The $FVT MiniDAO will showcase the potential of second layer governance by developing the finance.vote ecosystem in partnership with the users. A series of feature votes will be launched, early in the Pyramid phase, which will allow users to vote on future tournaments and reward pool sizing. The $FVT MiniDAO is where policy is debated prior to ratification and material shifts in direction of the system occur.
The Path to Decentralisation
The finance.vote network leads with an ethos of maximal decentralisation. That is, we aim to disintermediate key network functionality throughout a phased deployment of the network, retaining control only where it is absolutely necessary. The network will be a permissionless system, creating an inclusive space where ideas can be negotiated and digital asset price discovery can take place through decentralised voting techniques.
The network is deployed in a three phase path towards decentralisation.
Obelisk (From network genesis)
Pyramid (Begins 6 months post genesis, end Q2 2021)
Starship (Target 18 months post genesis)
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“On Collusion.” 3 Apr. 2019, https://vitalik.ca/general/2019/04/03/collusion.html. Accessed 17 Nov. 2020.