Development Plans
FA DAO is dedicated to open source software and building a decentralized network to build an unstoppable economy supported by decentralized assets, decentralized technology and decentralized organizations. FA DAO's goal is to serve to ensure the liquidity of thousands of users and hundreds of applications, enabling developers, community volunteers, financial industry players and others to participate in an open, all-accessible financial marketplace that helps all users achieve higher returns in line with their risk expectations.
FA DAO is designed to support the builders of the decentralized economy. It is an open platform for FA token holders to vote on proposals. FA DAO supports the builders of the decentralized economy and demonstrates the potential of DAO and experiments with options for economic restructuring, governance, financial management and organization. As we integrate more revenue channels and expand the list of backed assets, FA DAO will become more relevant to holders of other forms of revenue assets. In addition, FA DAO's goal is to make it easier for a variety of users to use the platform to lock in rates on their income assets.
FA DAO's strategy is as follows.
Become the largest decentralized autonomous network of entities with fractal expansion.
Create and partner with specialized autonomous entities for ecosystem funds, art, farming, R&D, venture, events, grants, education, DAO operations services, etc.
Encourage autonomous entities to create and partner with autonomous entities of their own, enabling fractal expansion.
Partner with existing projects through token swaps and other methods.
Find ways to avoid micro-decisions from being bottlenecked by the top-level FA DAO governance process. Limit FA DAO governance to mandate and funding approval. Allow partners to be autonomous.
Boost partners to become category leaders via R&D, liquidity, funding, and operational support.
Attract builders and align incentives. Make the creation and operation of autonomous entities as convenient as possible.
Focus on fast execution of ideas. Encourage high experimentation with interim solutions based on policy, trust, and risk management mechanics. Iterate towards the long term solution involving governance and treasury management technologies.
Find ways for FA value to be correlated to the whole ecosystem. Treat proposals as synergistic but also a negotiation of economic terms.
Some of FA DAO's development plans are as follows.
Integrate with top AMMs and protocols on BSC to establish the most comprehensive leveraged liquidity mining protocol with high composability and functionality.
Implement BSC cross-chain integration to increase the long-term value and utility of FA tokens in multiple prominent ecosystems.
Increase the value of FA tokens by making FA DAO a fundamental layer in the blockchain and DAO space through unparalleled composability and product and cross-chain extension.
Link more professional financial institutions and financial practitioners, introduce more institutional-level users and investors for open finance, and devote to bringing DAO concept and business into the mainstream, linking traditional financial market and blockchain field.
Scaling solutions for DAO. FA DAO and cooperating autonomous entities may encounter scaling problems in the near future, especially in terms of Linked Governance or Linked Vault. If these problems cannot be solved on Layer 1, we may consider adopting or building Layer 2, side chains, sharding, etc. and work with other DAOs to ensure that the solution will be widely adopted.
Exchange extension solutions. We hope to enable many early stage projects to access funding and connect with FA DAOs. There may be hundreds of collaborative proposals, yet processing them through existing DAO governance processes is not scalable. Scaling solutions may involve 1) a fast due diligence or whitelisting process; 2) on-chain governance and funding execution; and 3) a Launchpad mechanism.
Work with specialized autonomous entities. Autonomous entities will allow FA DAO to quickly execute ideas and leverage the most qualified teams and decision makers. Professional entities currently negotiating proposals include: Gaming, ZK Ecosystem, Art NFT Guild, Mining Farms and Liquidity Cooperatives, R&D, Events, Education, and Web3 SocialFi.
*The list above is only part of the FA DAO program, and we don't want to divulge too much here. But rest assured that we are working tirelessly to make FA DAO a successful attempt by a wide range of users to unite their efforts and assets to contribute to the development of the blockchain and DeFi, and generally increase wealth.
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