Replace Central Entity
Establish a decentralized network where risk and rewards are distributed
Last updated
Establish a decentralized network where risk and rewards are distributed
Last updated
Decentralization of the Fuckery Protocol distributes the risk, rewards, and responsibilities among the network participants.
It turns over the Old Money universe to the collective, but we know with centralization comes the power that never ends well. Tokens often face the same monetary fate as the dollar in our inflationary tale, all because of centralization. It's a phenomenon we get to witness sped up 1000x over and over again in crypto.
Forming the Mfer DAO is how we all can contribute to the success, take the wins and losses together as a unit, and bear the risk of the protocol as holders of $MFER.
Balancing the focus of behavioral motivations while emphasizing stakeholders' interests as participants in the network is a long-term goal of the Fuckery Protocol and the DAO participants that collectively own it.
The DAO and subsequent policies eliminate the reliance on centralized entities such as the Founders and Cabinet to push initiatives forward in the ecosystem. Hoodro and Trixson are treated the same as every other member adhering to the defined laws that govern all participants in the Fuckery Protocol.
The network participants can self-form Organizations with elected Leaders that can change the Fuckery Protocol via Proposals that alter Governance Options and fund the ecosystem development.
Transparency of all the inner workings of the Fuckery Protocol will be collected and served using the open-source and audited MFER Dapp that's accessible to owners of the network.
Combining these governance mechanisms and a decentralized network will facilitate and encourage community participation, align incentives, and provide a means of self-regulation.