The dSynth governance organization is responsible for:
Deploying new factory implementations for more synthetic asset types and use cases
Approving new collateral assets for synths that users can select from
Managing the treasury for the dSynth DAO
Managing the token list for dSynth's dapp
dSynth is the governance token for the dSynth system. The initial supply of 1,000,000,000 dSynth will be distributed as follows:
20% will go to the founders, investors, and future team members, subject to vesting periods.
25% will be available for liquidity mining beginning in fall/winter 2021.
20% will be distributed to the DAO after the first liquidity mining phase in a manner determined by governance.
30% will be made available to the treasury over the course of 12 months, following the first allocation.
5% will be allocated to a community committee to help grow the community and reward contributions.