STONfi is gradually forming a more mature infrastructure around itself, and the launch of DAO is one of the most significant steps. Currently, staking STON tokens within the exchange gives you a special soulbound NFT called ARKENSTON. It is permanently attached to your wallet and essentially becomes your identifier as a participant in the future DAO.
But in our case, Arkenston is direct access to protocol management. STONfi has long been the center of liquidity in $TON , and it is clear that the project needs a more distributed decision-making format. DAO solves this problem by shifting some of the power from the team to the community that actually participates in the life of the protocol.
The very fact that NFTs cannot be sold or transferred makes the process more honest, with those who really support the ecosystem participating, rather than those who simply bought a place. Arkenston has become a kind of pass to internal decisions, discussions, and initiatives within STONfi. And the size and duration of staking will affect the strength of the vote.
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STONfi is gradually forming a more mature infrastructure around itself, and the launch of DAO is one of the most significant steps. Currently, staking STON tokens within the exchange gives you a special soulbound NFT called ARKENSTON. It is permanently attached to your wallet and essentially becomes your identifier as a participant in the future DAO.
But in our case, Arkenston is direct access to protocol management. STONfi has long been the center of liquidity in $TON , and it is clear that the project needs a more distributed decision-making format. DAO solves this problem by shifting some of the power from the team to the community that actually participates in the life of the protocol.
The very fact that NFTs cannot be sold or transferred makes the process more honest, with those who really support the ecosystem participating, rather than those who simply bought a place. Arkenston has become a kind of pass to internal decisions, discussions, and initiatives within STONfi. And the size and duration of staking will affect the strength of the vote.