Blockchain game universe Tiny World releases DAO governance system, first proposal aims to improve internal game system and token consumption.
Tiny World, an immersive NFT, DeFi, and gaming experience, has announced a DAO governance system. This recent release redefines modes of operation for Tiny World and takes the game to a new level of decentralization. According to the team, TinyDAO empowers users to exercise effective governance by managing the platform’s assets.
The TinyDAO governance system will be accessible starting December 28, 2022 at 8:00 AM (UTC). Players use veTINC to exercise project governance rights and vote on project decisions. In the early stages of TinyDAO, the Tiny World team will be responsible for initiating proposals. After a while, community members will be able to create suggestions.
First Tiny DAO Governance Proposal: Details
The first proposal of TinyDAO will be launched at the same time as the governance system. Voting on the first proposal will take place from December 28, 2022 08:00 UTC to December 29, 2022 08:00 UTC. This proposal aims to improve the effectiveness of the Tinymon system by regulating Tiny World’s economy.
The Tiny World team proposes changing the TINC and SPIRIT requirements needed to breed Tinymon. Regulating these tokens will increase TINC consumption and decrease SPIRIT consumption. In addition to this, we have a proposal to increase the percentage of SPIRITs entering Tinymon farming pools from 50% to 80%. This increment extends to Tinymon Breeding, Tiny Hero Power Enhancement, and Tiny Hero Energy Replenishment.
The team is looking forward to your reviews and ideas to improve the quality of the game. Players have the opportunity to suggest better ways to implement their more immersive ideas through the DAO system. Tiny World’s governance system helps the player easily participate and vote for his Tiny World’s desired future.
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