DAO

REKO DAO

Definition

A decentralized organization that governs the network parameters, enabling REKO holders to vote for key protocol parameters and collect governance rewards.

Instant Governance

REKO token feature that enables community members to easily participate, benefit and vote for various protocol settings without lengthy voting periods.

Governance Implementation Timeline

Phase 1: REKO token distribution

During this phase the REKO Foundation is distributing its token to community members through various incentivization activities in accordance to a lockup release schedule. The goal of this phase is to create a ground community to implement DAO.

Phase 2: DAO governance launch

During this phase the REKO Foundation will launch a full DAO functionality, giving its participants an access to the extended governance mechanisms on the mission to completely decentralize the reKrypto Network and to be owned by its members.