Mark Mason
Well-known member
Dash DAO Runs Into Treasury Limits, Sees Reprioritization and Focus on Efficiency
The Dash decentralized autonomous organization (DAO) has run into funding limits, forcing a reprioritization of projects and an increase in efficiency.
Originally formed to assist in development funding, the Dash treasury system allows the masternode network to vote on funding proposals to claim the 10% of new coins created set aside for the treasury. Initially, funding development occupied most of this function, with the occasional small community project acquiring funding as well. During 2017, however, the treasury’s capacity to fund projects grew exponentially along with the increase in Dash’s price, resulting in a surge of projects funded by the network, which this year has hit limitations of the treasury’s current ability to fund projects.
Read more: https://www.dashforcenews.com/dash-...ees-reprioritization-and-focus-on-efficiency/
The Dash decentralized autonomous organization (DAO) has run into funding limits, forcing a reprioritization of projects and an increase in efficiency.
Originally formed to assist in development funding, the Dash treasury system allows the masternode network to vote on funding proposals to claim the 10% of new coins created set aside for the treasury. Initially, funding development occupied most of this function, with the occasional small community project acquiring funding as well. During 2017, however, the treasury’s capacity to fund projects grew exponentially along with the increase in Dash’s price, resulting in a surge of projects funded by the network, which this year has hit limitations of the treasury’s current ability to fund projects.
Read more: https://www.dashforcenews.com/dash-...ees-reprioritization-and-focus-on-efficiency/