The Decentralized Autonomous Organization (DAO) has provided a transparent and decentralized governance model for the collective decision-making of the community from the concept to the continuous testing and development of the market, the iteration of blockchain industry technology, the exploration of the DAO governance model by various projects and platforms has never stopped, and the concept of DAO, which symbolizes the spirit of the blockchain and the blueprint of Web3 in the future, has never been forgotten.
On January 31, 2024, SunrayDAO announced its establishment and officially released a proposal on the ecological development and governance of Sunray DAO on the Snapshot platform, aiming to establish a more transparent, efficient and community-autonomous decentralized on-chain contract, spot financial derivatives exchange, relying on the consensus protocol mechanism to create a DAO autonomous organization protocol, build a kernel incentive model, and realize a fully decentralized treasury management mechanism model. Use EVM smart contracts to address new proposals for platform security, development, governance, and important financial reforms.
Sunray Finance is built on the underlying layer2 protocol network based on Ethereum, we are creating a new decentralized financial derivatives exchange, Sunray DAO's autonomy has built a completely democratic decision-making and management cornerstone for ecosystem collaboration and governance, through decentralized rules and efficient voting governance model, open a transparent proposal charter, Ensure that community DAO governance members can timely understand and participate in the joint governance of Sunrayswap ecological development and publish opinions and proposals.
Through contract execution and community self-management, solve the trust of the market and improve the governance decision-making of the development of the platform and update the latest protocol of the product to ensure a higher degree of decentralized management model, formulate rules from the treasury asset management and reward system, create constructive voting proposals for the development of the platform, ecological balance and democratic decision-making, and carry out decentralized community management. For the safe and balanced development of the platform, it is of real significance, and the decision-making power and management power are returned to the DAO Autonomous Agreement, financial derivatives basic application service trading platform.
SunrayDAO is completely different from other DAO governance, treasury expenditure profit or proposal allocation, completely issued and approved by the contract rules, as well as the setting and modification of the business model, treasury fund management is completely carried out on the chain with a high degree of security and re-income value, as a financial derivatives trading platform focusing on the decentralized field, Sunray has made important decision-making and management mechanism innovation on the DAO governance model, creating a democratic community self-management identity, We believe that through DAO community governance, we can truly build a more fair, transparent, efficient, secure and DAO protocol financial derivatives basic service trading platform.