DGES Documentation
  • Welcome to DGES
    • Problem Statement
    • Tasks
    • Goals
    • Proposed Solutions
  • Ecosystem Overview
    • Platform Overview
    • Ecosystem Tokens
      • GeoNFT (GNFT)
      • LandNFT (LNFT)
      • RoyaltyNFT (RNFT)
  • Ecosystem Commissions and their Distributions
  • DAO and Governance
    • Voting Mechanism
    • DGES DAO Reserve
    • Mitigation of DAO Attacks
    • No Native Token
  • Use of Funds
  • Technology
    • Blockchain Infrastructure
    • GNFT
      • GNFT Extensions Library
    • LNFT
    • RNFT
    • DAO
    • Integration with Other Blockchains
    • Development Tools
    • Security Measures
      • Audits
  • Use of Funds
    • Road Map
  • Socials
    • Contacts
  • Marketplace
    • NFT Marketplace
      • Mint
      • Sell
    • Terms and Definitions
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  1. DAO and Governance

No Native Token

The DGES ecosystem does not use its own ERC-20 token, due to the risks and high volatility observed in projects that have adopted this token standard. By avoiding the use of a native ERC-20 token for transactions within the ecosystem, DGES minimises the risk of significant asset price fluctuations and vulnerability to market manipulation, which could destabilise the economy and erode user trust. This strategic choice promotes a more stable and transparent financial environment, increasing engagement from users and real-world businesses while eliminating dependence on a native token.

For transactions within the DGES platform, the ecosystem relies on well-established stablecoins and native coins from blockchains connected to the ecosystem, which are known for their high capitalisation and liquidity. All asset prices within the ecosystem will be fixed in stablecoins. This approach creates a stable and user-friendly environment, well-suited for sustainable operations and seamless integration with real-world businesses.

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Last updated 5 months ago