Coming soon in 2022 Q4
Starfish will begin with centralized control of the protocol (such as whitelisting NFT collections, yield farming pools to receive rewards, and interest rate model per asset), and over time, will transition to complete community and stakeholder control. Along the way through transition, we will closely listen to the advice and comments from our community, for valuable enhancement to be made.
After Starfish DAO is formed, SEAN holders can stake their SEAN token to our staking pool to receive veSEAN token, which grants them the right to suggest and vote on the following events:
  1. 1.
    which liquidity pools to have yield farming rewards.
  2. 2.
    onboarding which NFT collection as collateral to support for borrowing assets and providing liquidity.
  3. 3.
    protocol level parameters, development or enhancement.
The final StarfishDAO structure is still in brainstorm stage, SEAN fams are welcome to share your DAO ideas in our Telegram and Discord.