The Future of Decentralized Financial Governance
StakerDAO is a platform for governing financial assets in a decentralized, secure, and compliant manner.
The StakerDAO community builds and manages products for on-chain governance, cross-chain synthetics, and tokenized real-world assets.
STKR is a security token that governs all financial asset decisions and receives all profits.
Blend (BLND) is a synthetic token that tracks a governed basket of Proof-of-Stake tokens.
*This notice does not constitute an offer of any securities for sale. BLND is not offered and may not be sold to or for the benefit of any “U.S. person” as that term is defined under U.S. securities law. If you are a U.S. person you may not purchase BLND.
The five-member Staker Council governs decisions about the various assets that StakerDAO manages using the Staker Agora governance process.
Council members are elected annually through a Tezos on-chain vote of STKR tokens.
Staker Ops Team
The Staker Ops Team has two primary responsibilities: they solicit and develop proposals for the Staker Council to vote on, and they implement proposals approved by the Staker Council.
These proposals may pertain to the management of the existing StakerDAO asset portfolio as well as the launch of new financial products by StakerDAO.
Staker Agora Governance Cycle
Phase 1: Proposal (Days 1-7)Staker Ops Team posts a proposal on Staker Agora.
Phase 2: Evaluation (Days 8 – 14)Discussion and evaluation of proposal on the Staker Agora discussion forum.
Phase 3: Voting (Days 15 – 21)The five Staker Council members vote on the proposal. A quorum of three votes is required to pass a proposal with a simple majority of votes.
Phase 4: Implementation (Days 22 – 28)If approved, the Staker Ops Team executes the proposal.
StakerDAO will launch and manage a growing collection of decentralized finance products, all secured by the Staker Agora governance process.
STKR token holders submit suggestions and participate in project discussions. The Staker Ops Team serves as the R&D arm of the Staker Council and will package the best community selected ideas into formal proposals for governance.
The StakerDAO Ops Team evaluated leading layer-1 PoS protocols and other synthetic products and subsequently, received approval by the Council to launch its first product through Proposal #002. The StakerDAO Ops team has been implementing this proposal (including approved Proposals #003 and #004) and will create - Blend. This product will be launched and available* during Q2 2020.
StakerDAO anticipates announcing additional governed financial products during H2 of 2020.
*Blend disclaimer: This notice does not constitute an offer of any securities for sale. BLND is not offered and may not be sold to or for the benefit of any “U.S. person” as that term is defined under U.S. securities law. If you are a U.S. person you may not purchase BLND.
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