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XRPL Launches XAO DAO to Power Community Governance
- XAO DAO enables XRP holders to vote on proposals and fund XRPL projects transparently.
- Governance power is capped to avoid whale dominance and promote fair participation.
- Grants will support tools, validators, research, and XRPL-focused startups.
- No token launch planned, governance will rely solely on XRP holdings and community input.
- XAO DAO introduces decentralized governance for XRP holders allowing them to propose, vote, and fund projects.
- It ensures transparency and a community-driven process for decision-making within the XRP ecosystem.
- Members can access exclusive proposals and rewards tied to project success to promote ecosystem growth.
- The grant program covers various sectors such as developer tools, academic research, and startup support.
- Community voting determines which proposals receive funding, encouraging innovation on XRPL.
- XAO DAO distinguishes itself by not issuing a token, focusing on utility and real-world impact instead.
- The model aims to prevent speculative activities, relying on community involvement and snapshots for governance.
- XAO DAO sets a new standard for decentralized, community-driven innovation on XRPL.
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