Governance

What is a Volunteer for Derify protocol?

Those who participate in community discussions, contribute to the community growth and help various community activities.

What are the rewards for a volunteer?

For all Volunteers, we will provide various DRF token rewards.

How can I become a volunteer?

Everyone can become a volunteer.

However, follow and subscribe our official accounts on Twitter, Discord and Telegram will help you receive latest news and development of the project.

What is a Manager for Derify protocol?

Derify protocol is governed by all members of the community, there's no supreme governance body of Derify protocol. There's a handful of core team members who are chosen to ensure the basic operation of the protocol, but the community will eventually take over.

The only managers are community members.

What are the rewards for a manager?

Effective governance will grow the community and help all community members to benefit from the DRF token price, and vice versa.

We hope the current rewards system will encourage community members (managers) to participate in the governance.

How can I become a manager?

You don't need to become a manager or admin to participate in governance.

As long as you own DRF token, and stake them for eDRF, you can vote for motions.

How can I participate in community governance?

We will publish all draft, proposal and motions for discussion. Joining the discuss is a form to participate in governance.

If you want to influence a motion, you may vote your eDRF to support the motion you like.

What are the suggestions and decisions I could make?

There's no restriction, you can make any suggestions and drafts. If your draft gathered enough eDRF votes for support, a suggestion will become a proposal and later a motion.

All decisions are made by voting, thus the best way to participate in decision making is to use your eDRF and vote!

How to submit drafts?

You can submit and vote for drafts on our governance platform.

The governance platform will be launched soon.

How to vote for proposals?

You can check and vote for proposals on our governance platform.

The governance platform will be launched soon.

How to vote for motions?

You can check and vote for motions on our governance platform.

The governance platform will be launched soon.

How to stake DRF for eDRF tokens?

You can stake the DRF token on our governance platform, you can simply stake your DRF token and receive eDRF automatically.

You can claim and use your eDRF freely.

Where can I see all decisions made by the community?

You can find all proposals and decisions made by the community on our governance platform.

The governance platform will be launched soon.