How does Olympus DAO work?

The DAO-governed structure of Olympus fosters a sense of ownership and responsibility among its community members. By actively participating in the decision-making process, they feel a deeper connection to the project and are more likely to support its long-term success.

Olympus operates under a DAO-governed structure, ensuring that community input is central to its decision-making process. This approach fosters a decentralized and democratic environment where everyone has a voice.

Community members gather on the forum to discuss potential decisions or actions, leveraging their collective wisdom and expertise to shape the future of Olympus. This collaborative process ensures that diverse perspectives are considered and valued.

Once a proposal is formulated, it is put to a vote by token holders through snapshot voting. This mechanism allows for swift and secure decision-making, as token holders can cast their votes directly from their wallets.

The snapshot voting process ensures that only eligible token holders participate in decision-making, maintaining the integrity of the voting system. It also promotes transparency and accountability, as the results of each vote are publicly available.