DAO Governance: Delay Team Token Release Schedule?

The event is regarding addressing our community and their opinions, giving you the power to voice your thoughts on the AITECH team’s tokens unlocking.

Given the recent market conditions and product delays due to the market volatility in the last month, we are pleased to empower our community by giving them the opportunity to decide on the team tokens scheduled to unlock at the end of August. This decision highlights our commitment to the project and demonstrates our dedication to incorporating community input in shaping the future of the project positively.

But why?

The vote was initiated because a supply shock was anticipated, especially given the current market conditions. The team recognized this potential impact and believed it was important to involve the community in making the decision.

When?

The team tokens were supposed to unlock 1 year after the official TGE, which would be 28th of August 2024. The DAO Governance event took place from the 7th of August to the 9th August to let the community decide on the schedule.

⏰ Proposal Process

When a proposal is made, Members then have 72 hours to cast their votes on the proposal.

🗳 The option with the most votes wins and will be implemented.

How to get voting power:

Stakers of $AITECH get voting power in our DAO, and can make a difference in the ecosystem with our governance voting system.

🏦 Stake your $AITECH to get Voting Power: (www.stake.aitech.io)

🪙 Staking Pool-Voting Power

🔹 90 Days–1.25x Voting
🔹 180 Days–1.5x Voting
🔹 365 Days–2x Voting