129 Million TT Get DAO Guild Votes & Stake at VeVote

TT DAO guild voting was in full swing, and 46 guilds were successfully created and received high rewards. Data on the chain shows that the MetaTdex platform has had more than 129 million TTs participating in the VE vote, successfully obtaining the right to vote on the DAO guild proposal.

Create DAO Guild, grab TT rewards
DAO Guild is a community organization for TT on MetaTdex platform, and the dividend is mainly based on the percentage of VE staking amount. Anyone can create a DAO guild, and users can choose to join any guild and enjoy the corresponding benefits. Each DAO guild has an online interaction place (community), which enables efficient community interaction, resolution voting and benefit distribution.

It is understood that TT token economics has recently undergone significant adjustments, and the unproduced portion of TT will be under the new distribution mechanism under the TT-DAO community resolution. Under the new model, TT output has become more diversified, and community users can not only POS/DPOS stake mining, but also obtain TT through DAO guilds, equity NFTs, technical DAOs, etc. Among them, the DAO governance pool accounts for 22% of the total, with 128,378,298 TTs, all used by various DAO guilds to incentivize.

At this stage, guilds can enjoy a one-time bonus of up to 10,000 TT when successfully created, depending on the number of TTs locked up by the guild members, generally ranging from 2,000 to 10,000 TTs.

46 DAO Guilds are recruiting!
As a decentralized community governance model, every DAO guild creation proposal is launched with the voting rights given to the users simultaneously. To support your favorite DAO guild, all you need to do is vote in favor of it. To participate in DAO guild voting, you need VeTT, which can be obtained by staking TT tokens at VeVote. There are 46 DAO guilds who have already entered the recruitment phase through community voting on the evening of October 23rd.

VeVote is the core part of the TT economic model, where staking TT allows one to acquire a voting interest in community governance (VeTT) and earn a high annualized return. VeTT is affected by the number and length of TT stake. A six-month stake carries a 40% weighting, a one-year stake carries a 100% weighting, a two-year stake carries a 300% weighting, and a four-year stake carries a 1,000% weighting. TT stake yields are dynamically adjusted based on the volume of TT stake and market conditions, and the current real-time APY is 36%.

In the future, all critical decisions in the TT ecosystem will be made through VeTT voting. By gathering the community's power to make decisions and supporting the DAO guild proposals they recognize, users can gain deeper value satisfaction. As of 10:00 UTC on October 23rd, the total number of TT stake in the VeVote product reached 12,968,2955, and the corresponding VeTTs are all available to participate in the DAO Guild vote.

In the current guild ranking, Cheetah DAO Guild, Longxin Guild, and Star Guild are ranked in the top three, and all of these DAO Guild members have a combined VeTT count of more than 27 million TT. According to the description of Cheetah DAO Guild members, DAO Guild voting not only doesn't consume VeTT, but also gets a mining interest bonus. "1 VeTT represents 1 vote, and I redeemed all of my VeTT after the DAO Guild vote. As the proposal passed, I also benefited from 0.1% mining weight."

Autonomous High-Yield Community Organization
DAO Guild is built and shared by MetaTdex ecosystem users, and incentives are released through several links. You can get TT interest income and voting rights in VeVote; you can get mining benefits from voting; you can get one-time high rewards for voting in DAO guild; and you can get rich rewards for completing specific tasks in DAO guild. DAO guild has a typical sustainability feature:

• Contribution path: TT stake, voting, DAO guild tasks.
• Revenue and value exchange: clear TT economic model, high DAO prize pool, DAO community with mutual information.
• Proposal path: free proposal initiation, autonomous voting rights
• DAO ecological: users can choose their own DAO guilds once every 6 months, promoting sound competition among DAO guilds; and giving greater rewards based on the development of DAO guilds.

The plurality of guild benefits and the decentralization of community governance rights drive the DAO guild ecosystem's rapid growth and sustainability development. Currently, the number of TT at VeVote is growing, the number of DAO guild proposals initiated has increased significantly, and it is easier for users to find their favorite guilds.