Zyfi DAO
The Zyfi DAO is a decentralized collective of builders, investors, and believers in the paymaster revolution powered by Zyfi products. The Zyfi entity has bootstrapped the project to offer seamless, audited, and flexible solutions such as ERC20 Paymaster, Sponsored Paymaster and Permissionless Multi-signer Paymaster.
The core objective of the Zyfi DAO is to allow the community to decide the future of this infrastructure project by proposing, debating, and voting on proposals. A specific governance lifecycle will be established to ensure proper development and alignment of the project with a long-term vision and to limit spamming by bad actors. All subjects discussed in the DAO will focus on future developments, features, and incentives that could benefit Zyfi products.
The goals are multiple, and all actors participating in the Zyfi DAO need to understand them:
Build a better on-chain experience: The main objective of the Zyfi DAO is to build and offer end users the best on-chain experience. Gas management has always been a significant issue for users and dApps. Today, Zyfi products have already demonstrated their power through several integrations and positive feedback, and the goal of this DAO is to continue in this direction.
Decentralization and development: As mentioned in the tokenomics section, the goal of the Zyfi DAO is to make users and partners the main actors of the project. Development, features, and incentives can all be discussed and voted on by the DAO for implementation.
Value of tokens: The ZFI token, related to its staked version (stZFI), represents the value of the Zyfi ecosystem. The Zyfi DAO aims to incentivize the ZFI token through various utilities. Technically, fees on the paymaster contracts or the Zyfi front-end can be activated by the DAO and redistributed to stakers as well.
The Zyfi DAO controls a large portion (33%) of the total ZFI token supply to enhance and push the entire Zyfi ecosystem for a better user experience.
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