DAO
Last updated
Last updated
The DAO is a decentralized collective of builders, investors, and believers in the Zyfi and ZyFAI missions to enhance on-chain user experience.
On one hand, the Zyfi project has bootstrapped the project to offer seamless, audited, and flexible solutions such as ERC20 Paymaster, Sponsored Paymaster and Permissionless Multi-signer Paymaster.
On the other hand, the project has built infrastructure for retail users to deploy their own DeFi Agent, which farms the best yields for them across multiple chains.
The core objective of the DAO is to empower the community to shape the future of these infrastructure projects by proposing, debating, and voting on initiatives. A structured governance lifecycle will be implemented to ensure meaningful development aligned with a long-term vision and to prevent spam from bad actors.
The goals are multiple, and all participants in the DAO should understand them:
Build a better on-chain experience: The DAO's primary mission is to deliver the best possible on-chain experience to end users.
Development: As detailed in the mechanism section, the DAO is designed to make users and partners key contributors. Development, new features, and incentives can all be proposed and voted on for implementation.
Token value: The ZFI token and its staked counterpart, stZFI, reflects the value of the Zyfi and ZyFAI ecosystems. The DAO will work to strengthen ZFI’s value through utility-based incentives.
The DAO controls a large portion (33%) of the total ZFI token supply to enhance and push the entire ecosystem for a better user experience on-chain.