DAO
The Companion Pet Coin ecosystem governs its major agendas through the Companion Pet World DAO, the primary decision-making body within the ecosystem. Companion Pet World DAO operates through smart contracts and voting, allowing for the proposal, modification, and determination of key agendas within the ecosystem. To facilitate fundraising, profit distribution, and voting among community members, the governance token Companion Pet Coin (CPC) is required.
Members of the Companion Pet World DAO are granted voting rights proportionate to the amount of governance tokens they have staked. They can participate in the decision-making process of the Companion Pet World DAO by voting for or against proposed agendas. Additionally, they can propose directions for the use of funds raised by the Companion Pet World DAO and suggest business directions. Furthermore, contributors can receive token rewards proportional to their contributions to Companion Pet World DAO activities.
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