Promoting a robust and thriving ecosystem.
The Ottó platform brings together a range of developers, creating a thriving hub for market participants. Governance of the ecosystem is structured to promote a curated, robust, and community-vetted network of projects, allowing participants to engage with confidence.
What is the
Ottó DAO?
A decentralized autonomous organization, or DAO, is a web3 community that makes decisions autonomously through a transparent set of rules encoded on a blockchain and set by members of the community. The Ottó DAO will be made up of Ottó token holders, with voting rights attributed proportionately to token holdings.
The DAO will hold a range of blockchain governance responsibilities, including voting new DApps into the Ottó ecosystem, managing treasury controls, and setting token availability for the following functions:
Block Rewards
Liquidity incentives
Core validator incentives
Marketing
Treasury Management
What is the Ottó
financial council?
Alongside the DAO, Ottó's governance structure will include a Financial Council (FC).
The FC is responsible for the on-ramps and off-ramps to the Ottó blockchain. They form the relationship between custodians and dapp providers.
The financial council has the responsibility of implementing the decisions made by the DAO including:
Block Rewards
Liquidity incentives
Core validator incentives
Marketing
Acquisition
Value-add expenses
The DAO will also be responsible for managing the treasury controls.