Author(s): MAPO Team
Date Created: Nov 19
Date Published: Nov 19
Summary
Ecosystem Dao should use 150 million $MAPO as votes for validators in MAPO DAO.
Background
Ecosystem DAO has 1.789 billion $MAPO, which has not been sufficiently put into use. But the funds could be used for safeguarding the MAPO network. Especially since MAPO Relay Chain is a POS chain, the most important thing is that we have more than enough validators to secure the entire network. Therefore, we propose that Ecosystem Dao should use 150 million $MAPO as votes for validators in MAPO DAO.
Specification
- The 150 million $MAPO will be distributed to MAPO DAO validators within half a year
- All revenues generated in this process belong to Ecosystem DAO.
- The ownership of $MAPO in Ecosystem DAO is for all holders of MAP Protocol tokens, so the voting process will bypass the poll in discourse forum but start in idavoll directly.
What do you guys think of making tokens in Ecosystem DAO more useful? And how can we achieve that? Feel free to comment below and let’s discuss!
Vote here: https://newspace.idavoll.network/proposal-detail/Qma97MhVRHd1qvp2HHKj1e4aYNj2RARJn6DtWo2dSWzsv4
150 million 
All revenues generated in this process belong to Ecosystem DAO.