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FLUX DAO 

Flux DAO on the XRPL is revolutionizing the crypto landscape by providing users with an immersive experience in DAO governance, staking, and voting.

 

 

As a decentralized token run by governance by-laws, Flux DAO's ecosystem relies on community involvement and input. Through proposals, discussions, voting, quorum, execution, and feedback, Flux DAO runs by YOU and other community members.

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Our platform uniquely integrates the Flux DAO token, developed on the XRP Ledger in collaboration with First Ledger and other DEX exchanges, enhancing the overall Flux DAO ecosystem.

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With a focus on engaging crypto play-to-earn (p2e) games and fostering community involvement, we strive to transform how individuals interact with digital assets. 

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Join us in creating a fun, rewarding cryptocurrency trading environment that embraces innovative XRP memes and decentralized finance.

Flux DAO First Ledger
DAO Downstream
FLUX ICON FLUX ACCELERATOR
Community Governance in the DAO
Downstream DAO
DAO Movements
Flow of DAO
Community Union in the DAO
Movements of DAO
DAO Flow
Arrows of the DAO
DAO arrows
Community Cooperation in the DAO
DAO Flowchart_edited.png

What is a DAO?

A Decentralized Autonomous Organization (DAO) is an organization that is run by rules coded as computer programs on a blockchain.

 

This structure allows for decentralized and transparent management, meaning all transactions and rules can be audited and are visible to members.

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The XRP Ledger is the perfect set of rails for FLUX to function as a DAO due to the inherent transparancy of the ledger with such websites as xrpscan.com. 

GOVERNANCE

Proposal

In a Decentralized Autonomous Organization (DAO), the proposal part involves members submitting ideas or changes they want to implement within the organization. This can include funding requests, governance changes, project initiatives, or improvements to existing processes. 

Discussion

Proposals typically undergo a discussion phase where members can give feedback, ask questions, and suggest modifications.

Voting

The proposal is put to a vote, and if it receives enough support, it gets implemented. This process ensures that all members have a voice and can contribute to the DAO's direction. Voting will be counted and logged through wallet addresses.

Quorum

In a Decentralized Autonomous Organization (DAO), the quorum process refers to the minimum number of members that must be present or participate in a decision-making process for it to be considered valid. If quorum is not met, the proposal is typically either tabled for a future discussion or is considered rejected.

Execution

Once approved, the proposal is executed automatically through smart contracts, which are self-executing contracts with the agreement directly written into code, or in the case of FLUX, the decided proposal is implemented through the tokenomics, website, games, and/or related platforms.

Feedback

Once implemented, the outcomes are reviewed, and feedback is collected from members. This helps assess the effectiveness of the changes and informs future proposals.

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This process is cyclical, promoting continuous improvement within the organization.

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