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.