The recent boom of the new genesis blockchain projects gave rise to DeFi DAO. It is believed that secure, safe, and trusted communities could be very important for the future of blockchain technology. The platform offers GaaS that provides security via proof-of-existence (PoE) verification and access to communal governance integrations, advancements, and discussions. The GaaS aims to remove the common problems witnessed most in the startup DAOs. It intends to tackle the problems related to insufficient pre-launch stipulations that lead to failed governance, a poor governance framework that fails to work with tokencirculation, and uninterested token holders with no intention of contributing to DAO actions.
GDAO is the platform's official cryptocurrency, an ERC-20token that grants voting rights in DAO and treasury ownership. The platform has put no limitations on how token holders allocate treasury funds beyond the necessary consensus. Voting benefits are further extended in all internal governance matters. Token holders can also benefit from the token by using proxy voters on the governance problems across all the third-party governance tokens held by the governor treasury.
Furthermore, the token can be used for staking.