WhereIN Dao has launch on Walnut today

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Hooray! New WhereIN DAO has officially launched on Nutboxes' Walnut platform today.

May Steemians might already know, one of the most popular dApp on STEEM blockchain, WhereIN, has planned to upgrading to a new Social Media-based DAO within the Walnut platform.

New WhereIN DAO

Using Nutboxes' Walnut platform, WhereIN DAO prepared a native token $WIN (BEP20) for the operation of community and its community members.

Address: 0x321ec7BeA5d359B539830C0C19CC995C1Db1Dce7

The current distribution as follow:

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Initial Staking Offering

PoS Token holders such as ATOM and STEEM Power can get WhereIN's new native token $WIN by block by staking SP/ATOM to @wherein.dao

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Screenshot above shows the wallets requires to participate each staking pool.

For those Steeamians, who are not familiar with Keplr wallet, it is a browser extension wallet supports Cosmos blockchains. Keplr wallet contains many blockchains, such as Osmosis, LikeCoin Chains, etc. Make sure to have fund in Cosmos Hub.

Staking Protocol

Community members can also stake WIN-PNUT Liquidity Pool to receive $WIN as rewards.

Top 20 community members, who participate in WIN-PNUT LP and WIN staking can become Appreciative Citizens. Appreciate Citizens have the right to decide the like rights of @wherein (20%) and @wherein.dao

[Source]

Governance

There is a future plan of implementing Governance within WhereIN DAO.

A certain percentage of $WIN automatically goes into WhereIN DAO Fund whenever a new $WIN token is minted. it is reserved to reward community contributors through a proposal system.

Community members can vote each proposals within Walnut platform.

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【For detailed distribution rules, please refer to the document】: https://docs.nutbox.io

【Delegation manual】: https://blog.nutbox.io/@nutbox.mine/the-new-ui-of-nutbox-is-about-to-online-and-the-tutorial-of-new-ui

【Walnut tutorial】:https://nutbox-io.gitbook.io/nutbox/using-the-walnut/operation-guide

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