🌐Frogpay DAO

Protocol governance is done through community-driven DAO.

In the initial years, FrogPay will directly manage DAO through a multi-sig wallet. DAO's primary responsibilities will include the following:

  • Updating smart contracts

  • Approving supported ERC20, ERC1155 tokens

  • Configuring protocol parameters like various fees, acceptable fee token etc.

  • Managing/Approving service providers like KYC providers

  • Rewards and distribution of protocol revenue

  • Intervention in money flow in case of emergency or compliance issue

  • A kill switch and recovery mechanism in the case of extreme events

Last updated