GOVERNANCE TOKEN - XDAO's GT TOKEN
Following the concept of the XDAO series, let’s talk about the
Governance Tokens (GT):
Non-transferable ERC20 token representing voting power.
GT Token have no price
All wallets with GTs have access to DAO and can create proposals
The quorum determines how many tokens needed to activate votes
Total GTs = 100%
GTs cannot be sent to another wallet by direct transfer
If a DAO member decides to leave, that member needs to initiate a vote to transfer GT from his wallet to another
To learn more about this, read the article: https://kambria.io/blog/implementing-kambria-daos-on-xdao/
Check the previous announcement: https://kambria.io/blog/announcement-of-kambria-daos-a-way-to-co-own-a-technology/
Don't forget to join Petcare Robot DAO Info Session!
Fill this form: https://kambria.io/dao/pet-care-robot/
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