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Understanding the PhoenixDAO platform: Making and submitting proposals

www.cryptodaily.co.uk

The decentralised aspect of DeFi is critically important in that it spreads voting rights across as many users as possible, thereby ensuring that one, or a group of individuals, don't have too much control. The DAO (decentralised autonomous organisation) is what makes this happen and fairly distributes governing rights across all users.

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Timeline of Phoenixdao

Bitcoin Bitcoin
66994.8000 2.87%
Ethereum Ethereum
3099.21000 5.09%
BNB BNB
582.525000 2.69%
Solana Solana
168.832000 6.75%
XRP XRP
0.52551100 1.05%