Announcing the Unslashed Finance DAO
Birth Labor and Token Delivery
On March 3rd, 2021 (AD), we released the smart contracts source code for the USF token and the Unslashed Finance DAO on github.
A few hours later, an anonymous community member deployed all the smart contracts.
$USF was born.
Capital Miners were able to start withdrawing their rewards and a Uniswap Pool was created.
Not many people paid attention to the DAO smart contracts that were part of that same deployment. Today we are here to tell you more about it!
Compound-style Governance and Tally tooling!
Compound-style Governance systems is becoming the standard for DAO-centric projects, and is probably one of the best in DeFi. It backs billions of dollars and its community regularly proposes and votes on changes via its governance. It is also the same governance tool used by Uniswap and also backs billions of dollars. The system is comprised of three basic contracts, is easy to reason about, and has been very closely audited.
Tally is a friendly user-interface for the governance smart-contracts, it empowers user owned governance through a voting dashboard, governance tooling and real time research and analysis.
The app can be used to review data on governance systems, active and past proposals, and individual delegates or token holders. The app also supports direct voting and vote delegation, helping users put their governance insights into action.
And we are happy that Unslashed Finance is part of the first batch of DAOs that are accessible on Tally!
☑️ $USF token has been distributed to early Capital Miners and the distribution will continue for the new ones
☑️ ️The DAO smart-contracts deployed
☑️ ️With Tally, we have one of the most friendly and most transparent user interfaces
The Next Episode!
What happens next?
Simple: we need the first Protocol Politicians to rise and shine, receive vote delegations and at the same the first proposals will be discussed and structured!
Time has come to withdraw the sleeping USF tokens from the vesting smart contract and start delegating!
Governance means participation 🙋
And it actually already started! A 📜-Governance Discord Channel went live today, some awesome community members are discussing proposals and prioritising different topics!
We are excited to see the Unslashed Community already taking over the governance and eager to leverage the DAO!
These are the early days of the Unslashed Finance DAO, a harbinger of more great things to come.
AND IT STARTS RIGHT HERE, RIGHT NOW!
LEARN MORE ABOUT UNSLASHED FINANCE
We are Unslashed and we’ve got your back!
Website: https://unslashed.finance
Team: https://unslashed.finance
Capital Mining: https://link.medium.com/buZvUyy9Vcb
Twitter : @UNSLASHEDF
Telegram: @UnslashedFinance
Discord: https://discord.gg/jQFxqTpbYC
Contact : @marouaneh
