Leading blockchain developer WEMIX announced global recruitment for the newly launched WONDER DAO. The first DAO to be launched on the NILE (NFT Is Life Evolution) platform, WONDER DAO is responsible for the first node of the 40 WONDERS – the WEMIX3.0 mainnet’s Node Council Partners (NCPs). Its members will join forces with other NCPs to contribute to the stable operation of the WEMIX3.0 mainnet, and the growth of the DAO and the WEMIX mega-ecosystem.
The participation process for WONDER DAO Station involves joining the recruitment with WEMIX and acquiring WONDER (DAO Token, WDR) after the recruitment period ends. Subsequently, participants may choose to acquire g.WONDER (Governance Token) by staking WDR at their discretion to participate in future DAO and WEMIX 3.0 mainnet ecosystem decision-making.
WONDER DAO is a decentralized autonomous organization that operates through the NEITH Protocol. The protocol is a modular platform that facilitates all DAO operations, providing effortless community organization and self-tokenomics creation.
The DAO utilizes the PMR (Block Minting Reward) allocated to the 40 WONDERS to contribute to the growth of the DAO and the WEMIX mega-ecosystem.
According to NEITH Protocol’s smart contracts, PMR will either be reserved for the DAO or used for token buybacks. Buybacked DAO tokens will be burned or distributed to stabilize the DAO token’s value and strengthen the governance membership’s status, establishing a self-tokenomics framework that fosters a virtuous cycle and helps the expansion of the mainnet’s ecosystem.
For more information about WONDER DAO, go to: https://www.nile.io/dao/wonder/station.
Participation Details
- Recruitment Schedule: April 14, 2023, 11:00 ~ April 24, 2023, 11:00 (UTC+9)
- Recruitment Method: Participate with WEMIX during the recruitment period and receive WONDER tokens (WDR) distributed according to the proportion
- Recruitment Target Amount: 1,700,010 WEMIX
- Participation Criteria: Minimum of 10 WEMIX or more with no maximum limit
- WONDER issuance: 1,900,010 WDR
- WONDER Distribution Quantity: 1,700,010 WDR
- WONDER Exchange Rate: 1 WEMIX = 1 WDR
- Currently, 200,000 WEMIX and 200,000 WDR of the total WONDER issuance will be used to create liquidity pools.
The newly launched WONDER DAO utilizes the PMR (Block Minting Reward) allocated to the 40 WONDERS to contribute to the growth of the DAO and the WEMIX mega-ecosystem. With the NEITH Protocol, it establishes a self-sustaining tokenomics system and fosters a transparent, ever-evolving community through on-chain governance. Join WONDER DAO and spearhead the way to a better future!
