ElasticDAO - The first fair governance protocol that balances the competing participants’ interests by reducing the overall influence of money and early adopters.
The project’s main goal is to create successful and profitable DAOs that operate under a fair ecosystem.
The project creates a balanced environment where dev teams can build and govern organizations together with the community, without whale wars — transforming DeFi from a battle arena into a fair, accessible ecosystem, operating under the principles of collectivity and collaboration.
ElasticDAO operates under a fair governance system which limits large wallets’ influence. Members vote with their governance tokens up to the maximum voting power, which changes every time a rebase is occurred. Moreover, voters are incentivized to take positive actions that benefit the organization and its members. Active participants are rewarded while bad actors are penalized if their inaction leads to an inability to reach quorum.
You can check out our website - elasticdao.org
Feel free to join our discord - https://discord.gg/elastic
Happy to answer to any questions!