By surfgurupro on Skatehive
ENGLISH [🇺🇸] @gnars DAO is a Decentralized Autonomous Organization (DAO) where decisions are not centralized in one person but made collectively by the entire community. This innovative model uses voting tokens, which in GNARS are NFTs called “GNARs,” allowing each member to actively participate in governance. Each GNAR grants its owner one vote on all governance matters, such as proposal approvals. These votes are recorded on the blockchain, ensuring complete transparency. Although they are non-transferable (the vote is tied to the NFT if sold), they can be delegated to another member while you remain the owner of the GNAR. Examples of GNARs How are GNARs created and sold?? GNARs are created and sold through auctions, which occur every 4 hours and 20 minutes. Over time, the auction frequency decreases. Every 1,000 auctions, the auction duration doubles, making GNAR creation increasingly scarce. The money raised from GNAR sales goes to the GNARS DAO treasury and is used to fund proje