Vigor for Dummies — Second Edition: The Vigor DAC (Decentralized Autonomous Community)
VIGOR is a DAC (Decentralized Autonomous Community) of 21 Custodians and 100+ Candidates. The 21 Custodians are elected from the 100+ Candidates.
VIGOR DAC community is building out the VIGOR Platform as written in the white paper. Everyone candidates claim VIG tokens every day. Higher voted candidates claim more VIG; the top 21 claim an equal amount. All candidates help out with best efforts. The top 21 by vote are elected daily as custodian and are responsible for completing tasks ranging from building out the core Vigor Platform features, to marketing, legal solutions, and everything in between.
Currently, only the Top 21 Custodians can vote in the Genesis Stage of the Vigor DAC. In the future, the actual users of the Vigor System, both Vigor Borrowers and Vigor Lenders, will wield voting control over the Vigor DAC and its 21 Custodians.
Vigor Candidate: VIGOR Candidates help to build vigor and add value to the vigor platform. All candidates help out with best efforts, and receive votes based on input.
Vigor Custodian: Higher voted candidates are called custodians, currently there are 21 custodians and they are elected daily and are responsible for completing tasks ranging from building out the core Vigor Platform features, to marketing, legal solutions, and multisig control of the entire system.
New Vigor DAC Candidates are always welcome and there has been increasing interest in these Candidate positions as the Vigor Platform has become more popular recently within the EOS Community!
Being a candidate/custodian means you wish to help vigor build and want to add value to the vigor platform. Going above being a user of the vigor platform.
If you want to be a candidate, you need to fill out a profile on https://dac.vigor.ai/ and ask a custodian to submit a proposal for you. If you are just a member you simply sign the constitution.
You can join the DAC on: https://vigor.ai/
Learn More: https://vigor.ai/faq
Vigor for Dummies — Second Edition: https://docs.google.com/document/d/1iJ6cyb62ZkWNoSD8ko_W_R4fEsCcHajCgn3a_X7mkNU/view
#decentralized #defi #decentralizedfinance #automatedlending #crypto #cryptocurrency #decentralizedautonomousorganization #decentralizedautonomouscommunity
- For the original post authored by Explorer please refer to https://discussions.app/tag/vigor/t92mpf26an4e/vigor_for_dummies_second_edition_the_vigor_dac_decentralized_autonomous_community
Disclaimer: The VIGOR Protocol is not a Financial or Payment Service of any kind and in any Jurisdiction. The VIGOR Protocol and Smart Contract does not accept as collateral or insurance or work at all with security tokens of any kind and with fiat or asset backed stablecoins, whether global or limited in scope. The VIGOR protocol does not allow, process or facilitate in any way user-to-user transfer of any token or other assets or values, nor third party payments of any kind.
The Vigor DAC and its Members and Custodians do not own or control the VIGOR Protocol, but simply contribute in its development, maintenance and security in a fully decentralized way.
An independent, public no-profit association incorporated in Singapore and composed of VIGOR Protocol developers and enthusiasts and Vigor DAC members and Custodians, denominated VIGOR DAC LTD., oversees that the core principles of the DAC, the Protocol and the Whitepaper are respected and ensures complete decentralization and independence is always safekept and maintained.