--- ###### tags: `DAO of the Week` --- # DAO of the Week Notes - Peerion DAO Gnosis Chain Validator DAO Peerion DAO (peering in) members pool staking token required for proof of stake validation to run most validators, it's too expensive for common people to participate centralized versions own everything and issue payments validator ownership - the underlying stake is the governance token of gnosis chain called stake everyone can pool the stake in the DAO minion - acts as the staking account node is run and controlled centrally, to prevent vulnerability and risk peerion runs the node - software on a server - node does the validating value is controlled by the DAO mining fees are controled by a EOA, centralized wallet, controlled by Peerion, and dropped monthly into the DAO underlying collatoral is decentralized rewards are transparent and dropped into the DAO 100% apy monthly average This is a subDAO in a validator DAO network. ION token, is streamed through superfluid minon, through a Distro DAO controlled through Peerion DAO voting. ION is streamed to validator DAOs in the network. DAOs are farming ION rewards and then those rewards are distributed. Running for 9 months, and are planning on scaling operations. Have been testing individuals, subDAO networks - 10% fee is taken from validator DAOs and put in Peerion DAO. Staking ION in Peerion gives you governance power and exposure to rewards throughout the network. only 19 validators per set, based on amount of stake. the more stake the more you win, so only one validator dao per chain so their not competing against themself.