StrongHodl DAO

StrongHodl DAO: Decentralized Governance for a Community-Driven Protocol

Overview

The StrongHodl DAO (Decentralized Autonomous Organization) is a community-led governance body that oversees StrongHodl’s liquid staking protocol. Designed to give users a voice in protocol development, the DAO empowers holders of governance tokens to propose and vote on crucial decisions, shaping the future of the platform. The DAO serves as a balanced structure between decentralization and functional centralization, offering a secure, community-focused approach to governing and enhancing the protocol.

Key Functions of the StrongHodl DAO

1. Protocol Governance

Governance Participants in the DAO can vote on proposals affecting various aspects of StrongHodl, such as protocol updates, fee structures, and strategic partnerships. This governance framework ensures that the community has a say in the direction and development of the platform, fostering transparency and trust. FALTA EXPLICAR QUE ABRA UN TOKEN

2. Management of Key Parameters

The DAO manages essential protocol parameters like setting fees, assigning node operators, selecting oracles, and more. By decentralizing these decisions, StrongHodl remains adaptable and responsive to community needs, while maintaining security and operational efficiency.

3. Funds Allocation

Service fees collected from the protocol are funneled into the DAO treasury. These funds are used for protocol improvements, research and development, liquidity mining incentives, and upgrades. The DAO’s financial autonomy allows it to invest in the continued growth and resilience of the StrongHodl protocol.

4. Insurance and Development Funds

Part of the service fees is allocated to insurance and development funds managed by the DAO, offering a layer of security for users and ensuring a budget for ongoing enhancements.

Why a DAO?

The StrongHodl DAO represents a middle ground between full decentralization and practical centralization, optimizing for community trust and effective management. Unlike a fully centralized structure, the DAO enables a community-centered focus, allowing token holders to drive decision-making while keeping certain elements in a controlled, organized framework.

• Community Ownership: The DAO structure ensures that StrongHodl is governed by its community, offering a socially conscious decision-making process and emphasizing community interests.

• Self-Sustaining Development: With its own treasury, the DAO can fund protocol upgrades and manage ongoing operational costs, supporting StrongHodl’s long-term sustainability and innovation.

1. Governance

• Governance Token and NFTs: Governance in the StrongHodl DAO is facilitated by a governance token, granting voting power to holders. Additionally, unique NFTs are introduced to represent user roles, allowing holders to participate in governance and earn rewards based on their engagement and contributions.

• Community Roles and Structure: To enhance engagement, StrongHodl has developed a role-based system where community members receive titles represented by NFTs on-chain and on Discord. These roles provide recognition, rewards, and additional privileges. Active members with higher ranks can access exclusive airdrops and greater rewards, encouraging participation and loyalty.

Community Role Hierarchy

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1. Gran Maestre

The highest authority, responsible for overall strategic direction and decisions.

2. Gran Comendador

Second-in-command, assisting the Gran Maestre and taking charge in their absence.

3. Preceptores

Regional leaders responsible for local matters and reporting to the Gran Maestre.

4. Comandantes

Heads of individual divisions, overseeing operations and administration.

5. Caballeros

Full members, often experienced contributors, who play an active role in governance.

6. Escuderos

Novices in training to become Caballeros, supporting other members and learning the ropes.

7. Sargentos

Non-noble members who provide critical support and perform essential tasks.

8. Capellán

A spiritual leader offering guidance and upholding the community’s values, inspired by the legacy of Satoshi.

9. Hermanos

Members who take vows of dedication and serve the order in various capacities.

10. Hermanos Laicos

Lay members who provide general support and may have lighter involvement in community activities.

Integration and Accessibility

StrongHodl DAO’s mission extends beyond internal governance to creating broad accessibility in the DeFi space. With a focus on integrating with major layer-1 and layer-2 solutions, the DAO seeks to establish shBTC as widely accepted collateral, fully backed 1:1 by native BTC. Through an intuitive and user-friendly interface, the DAO promotes seamless cross-protocol and cross-chain usage, maximizing yield opportunities and supporting the StrongHodl vision of accessible, liquid Bitcoin staking for everyone.

Join StrongHodl DAO

Become part of StrongHodl DAO and contribute to a revolutionary DeFi protocol that balances community governance with operational excellence.

The StrongHodl DAO is a Decentralised Autonomous Organisation that manages the liquid staking protocols by deciding on key parameters (e.g., setting fees, assigning node operators and oracles, etc.) through the voting power of governance token (LDO) holders. Also, the DAO will accumulate service fees and spend them on research, development, liquidity mining incentives and protocol upgrades.