Gauntlet, a monetary modelling platform for crypto, shares to collaborate with Xai Community, a blockchain-based gaming community. This collaboration goals to innovate the Xai Community and each corporations will work for the expansion of the Xai Community by way of governance and treasury administration of the protocol.
1/ At present, we introduced our collaboration with @XAI_GAMES to drive progress and innovation throughout the Xai ecosystem, with a concentrate on:
🔹 Stake-weighted DAO governance
🔹 Treasury administration by way of @aerafinanceLet’s dig in 🧵👇 pic.twitter.com/WvxblW6MvD
— Gauntlet (@gauntlet_xyz) August 21, 2024
Gauntlet proudly shared this information at the moment by way of the X account. As per the announcement, Gauntlet will primarily concentrate on enhancing the stake-weighted DAO governance. Moreover, this collaboration goals to enhance treasury administration by way of Aera Finance, an on-chain treasury administration protocol.
Xai Community Duties Gauntlet to Restructure the Governance
Xai Community companions with Gauntlet, and entrusts Gauntlet to restructure the stake-weighted governance community to enhance the present governance system of Xai Community. Talking of Xai’s present governing system, it permits XAI token holders to vote and resolve the upgrades and future developments.
Nonetheless, the agency is planning to restructure and enhance the governance system and partnering with Gauntlet is the main step on this regard. Stake-weighted DAO governance, the brand new governance system will introduce a transparent set of directions for effectivity, accountability, and transparency.
Treasure to be Managed Via Aera
Gauntlet, being the guardian of Aera, will implement superior methods for Xai Community to hedge threat, calculate market upside and handle liquidity. Moreover, Gauntlet will make use of liquidity administration methods and risk-aware methods like levered Ethereum staking and TWAP.
Until now, each corporations haven’t disclosed the precise date of implementation of stated superior methods however assured their consumer base concerning the implementation this yr. Soby, the main contributor to Xai Community, think about this collaboration as a giant achievement for the Xai Community which is able to finally profit their consumer base.
