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WingRiders

10/12/2022

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1.7K views


WingRiders Change is coming!

We have been hyping WRT governance tokens for a long time. When the TGE happened we were all excited and our team saw the great potential that it has. For a while the WRT governance token was just a simple token until we introduced Boosting, that allowed users to increase their epoch rewards just by using WRTs and enabled a snowball effect for WRT income with auto-compounding back to the Boosting Vault.

WingRiders Change is coming!

Hey Riders,

We have been hyping WRT governance tokens for a long time. When the TGE happened we were all excited and our team saw the great potential that it has. For a while the WRT governance token was just a simple token until we introduced Boosting, that allowed users to increase their epoch rewards just by using WRTs and enabled a snowball effect for WRT income with auto-compounding back to the Boosting Vault.

Soon the WRT will live up to the name of Governance token. In the near future, we will add DAO Voting to our platform that will utilize WRTs to determine users voting power and enable them to vote on the proposals concerning the future of our platform. There will be a tight integration with our community portal where each voting proposition will have its own discussion. The community portal can be used (and encouraged) to discuss the change even before creating a voting proposal to fine tune the details.

This voting will be the most decentralized that we can achieve while incorporating few safety measures to discourage trolls and users trying to game the system. All the voting points will be in the hands of the users and you can propose any change people will vote for, either change in the design, different rewards distribution and other, even if it would be changing the color of the whole platform to pink. The only limitation will be if the proposal is possible to execute, but the community is there for this discussion and we will do our best to implement every successful proposal.

So be ready for future updates and be ready to have as many WRTs as you want your vote to make a change.

WingRiders


 

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ORIGINAL SOURCE

https://medium.com/@wingriderscom/change...

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