The Marshall DAO

In addition to the existing decentralized process for managing Improvement Proposals for the blockchain, IoTeX 2.0 introduces one more important pillar for decentralized governance: The Marshall DAO (IIP-23). Marshall DAO is a Decentralized Autonomous Organization that will enable IoTeX stakeholders to make proposals regarding how to allocate IOTX incentives to grow the IoTeX ecosystem, including onboarding reputable DePIN projects and funding network-wide initiatives. This creates a transparent and meritocratic system where the best projects are funded using IOTX. allowing stakeholders to contribute to the growth of the IoTeX ecosystem.

Last updated