Waves launches new DAO governance model and airdrop announcement

Power Protocol is a new DAO governance architecture that will launch in January 2023. It is designed to tackle the problems associated with what’s known as simple token governance.

In addition, Power Protocol will launch with an airdrop of the system’s native token called POWER. The protocol’s community will decide on the eligibility criteria for the airdrop. Waves’ Power DAO will also be the first DAO to utilize the Power Protocol upon its launch.