About SFT DAO
SFT DAO is the decentralized autonomous organization within the SFT Chain ecosystem, designed to promote project development and ecosystem growth through community participation. Community members can use governance tokens to vote on key project decisions, such as protocol upgrades, fund allocation, and LFG.
Members can propose suggestions or support and oppose others' proposals. This mechanism ensures that SFT DAO maintains decentralization while driving continuous optimization for SFT Chain, supporting the “Chain of Chains” vision. This vision aims to bridge physical infrastructure with the Web3 world, establishing DePIN goals in areas such as aggregated storage, computing, and edge CDN.
Currently, SFT Protocol has not issued governance tokens but will do so soon to capture ecosystem value. In the meantime, rSPD credits will temporarily serve as a substitute for governance token functions.
What is rSPD?
rSPD is early credits within the SFT Protocol network, allowing holders to access DePIN services. Rather than purchasing credits from a specific company, rSPD holders gain services from the DePIN network. By participating in rSPD, users engage with SFT Protocol’s open-source ecosystem rather than a particular company or organization.
Please note that rSPD credits do not represent an investment opportunity.
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