๐Ÿ‘ฉโ€โš–๏ธNEO DAO TOKEN (Governance Token)

What is NEO DAO TOKEN (NDT)

Non-transferable BEP-20 token. The address of NDT is the same as the address of NEO DAO.

Address of NDT = Address of NEO DAO. It is the same smart contract.

Role of NDT in NEO DAO:

After the creation of NEO DAO, we will distribute governance tokens (NDT) among the participants of NEO DAO.

All wallets with NDT tokens have access to NEO DAO and can create any proposals. The quorum determines how many tokens are required to activate any vote in NEO DAO. All NDT tokens issued add up to 100%, so a quorum of 51% will require 51% of NDT tokens, which are distributed among the members of NEO DAO.

NEO Governance tokens cannot be sent to another wallet via direct transfer. If it's necessary to send tokens, for example, if the NEO DAO member has decided to leave the project, that NEO DAO member must initiate a vote to transfer NDT tokens from their wallet to another.

The governance tokens cannot be directly transferred to another wallet.

As you can see, the NDT token makes it possible to be a member of the NEO DAO.

This page and video are for informational purposes only and do not constitute financial advice or a recommendation. The information provided on this page and video is based on the compensation plan of NEO CIRCLE through NEO DAO and is for informational purposes only. Please do your own research and verify the accuracy of the information. It is important to consult with your financial advisor before making any investment decisions. My NEO Group or any other brand or company affiliated with NEO provides information and creates content for informational purposes as an external provider to NEO DAO. Everything is managed and owned by NEO DAO (Decentralized Autonomous Organization) and does not guarantee anything and disclaims any liability.

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