🌐 One of the essential features of the WorkQuest DAO is using the WorkQuest Token ($WQT) as a governance token on the platform.
$WQT performs a management function in that it is used to vote for critical aspects of project functioning and survival concerning risk management and business logic. Each $WQT holder has the right to vote and the ability to create a new proposal. All proposals are subject to discussion in the DAO forum and may be upvoted or rejected by the community. Thus, users themselves can influence the further development of the project.
WQT Holders represent the top management layer for DAO decision-making and manage the system/participate in its development. Yet, they also incur losses if their decisions are unsuccessful.
💡 Users with only 100 $WQT enjoy the ability to vote or delegate, and anyone with at least 10,000 $WQT or delegated $WQT can suggest improvement measures for the WorkQuest ecosystem. These exist as either simple or complex sets of actions such as adding new platform features, improving the business model, launching additional asset utilization strategies, changing the market model, or altering any other parameters.
The greater the amount of $WQT a user employs in the voting process, the more influence — in percentage terms — they will have concerning WorkQuest DAO decision-making.
🚀 WQT Token Utility:
🔹WorkNet blockchain native token
🔹 WorkNet Proof-of-stake (POS) block validation
🔹 WorkQuest DAO Management
🔹 WorkQuest Referral Program
🔹 BSCÐ Liquidity Mining
🔹 Staking
🔹 Paid Services on WorkQuest
🔹 Collateral for $WUSD Stablecoin
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