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zeekay
2a16d29b30
Complete LaTeX conversion of the Zoo Labs whitepaper from zoolabs.gitbook.io/whitepaper. Adds remaining sections 14-24 (NFT Marketplace, Gen 0 Drop, Asset Transfer, Animal Rewards, Roadmap, Zoo DAO, NFT Liquidity Protocol, AI-powered NFTs, Bridging Blockchains, Open Source, Partnerships) and compiled PDF.
23 lines
2.4 KiB
TeX
23 lines
2.4 KiB
TeX
\section{Zoo DAO}
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At the heart of the Zoo Protocol lies the Zoo \DAO{}, a community-driven initiative dedicated to preserving endangered species from the brink of extinction. The \DAO{} offers rewarding experiences and empowers members to shape the future of the Zoo Protocol through meaningful decisions.
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Zoo \DAO{} governs the Zoo Protocol, a sophisticated set of smart contracts for collateral-backed NFT Animal assets. When users join the Zoo \DAO{}, they earn Experience Points (XP) and governance tokens (KEEPER), empowering them to participate actively in the protocol.
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\subsection{Experience Points and Leveling}
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The accrual of XP tokens is tied to undertaking ``quests'' or tasks, each with a specific reward allocation of XP and KEEPER tokens. These quests vary in complexity, with higher-level tasks requiring more substantial contributions to the community and yielding more XP. The more XP earned, the faster one advances through the ranks. Level is determined by the equation:
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\begin{equation}
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\text{Level} = \text{level} \times 300 - 500
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\end{equation}
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Progressing through levels grants greater authority within the ecosystem and broadens influence. XP tokens are non-transferable and strictly tied to Decentralized Identification Services (DIS) and comprehensive KYC procedures, preserving the integrity of the system.
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\subsection{Governance and Voting}
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Votes are open for all members; however, some voting privileges are reserved for members of certain levels. Generally, higher-level votes are more privileged and controlling decisions. Specific actions such as proposing, voting, and interacting with governance mechanisms may require a blend of \$ZOO and KEEPER tokens. Different proposals cater to different levels, underlining the ecosystem's commitment to inclusivity.
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\subsection{Betting-Based Governance}
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Central to the Zoo Governance and Voting Protocol is the vZOO level and the stake age duration. Unique to the system, KEEPER token holders ``bet'' on proposals rather than voting. Winning bets yield additional tokens, promoting active participation. The process allows anyone who meets the requirements to submit a proposal, with those gaining traction advancing to the next round, while lesser-supported ones are eliminated. This distinctive approach ensures a vibrant and thriving ecosystem, rewarding active participation and fostering continuous community involvement.
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