A new paradigm for collective decision-making and resource allocation in social impact projects.
Socialfy DAO was founded on the belief that decentralized governance can revolutionize how we fund and manage social impact initiatives. By leveraging blockchain technology, we create transparent, efficient, and democratic systems for collective action.
Our platform enables communities to propose, vote on, and implement projects that create positive social change, all while maintaining complete transparency and accountability.
These principles form the foundation of our approach to decentralized governance.
All decisions and fund allocations are recorded on the blockchain for complete visibility.
Power is distributed among community members rather than centralized authorities.
Every member has voting rights proportional to their stake in the DAO.
Smart contracts automate processes to reduce overhead and increase speed.
Understanding the mechanics of our decentralized governance system.
How proposals move from idea to implementation
Members submit detailed proposals for funding or changes
Community debates merits and potential improvements
Token holders cast votes based on their stake
Approved proposals are implemented via smart contracts
Voting power is determined by the number of governance tokens held. This ensures that those with more stake in the DAO have proportionally more influence.
To prevent spam, proposals require a minimum token stake. Proposals must also reach quorum (minimum participation) to be valid.
The SFY token powers our governance system and incentivizes participation.
SFY tokens are earned through active participation in the DAO, including: