# DAO & DEX

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**What's a DAO:** A next-generation decentralized organization that coordinates the resources of a community (human and capital) to sustainably deliver value for members.
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### **Council, democracy and vote proposal** 

A Decentralized Autonomous Organization (DAO) cooperates according to a transparent set of rules encoded on a blockchain eliminating the need for a centralized, administrative, and potentially malicious entity.

Witha a DAO, token holder can:

1. **Fair compensation for value created into MFT Ecosystem**
2. **Manage token liquidity**
3. **Approve staking program**

### **MiFuTo DEX**

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**What's a DEX: Decentralized exchanges** (**DEX**) are a type of [cryptocurrency exchange](https://en.wikipedia.org/wiki/Cryptocurrency_exchange) which allows for direct [peer-to-peer](https://en.wikipedia.org/wiki/Peer-to-peer) [cryptocurrency](https://en.wikipedia.org/wiki/Cryptocurrency) transactions to take place [online](https://en.wikipedia.org/wiki/Online) securely and without the need for an [intermediary](https://en.wikipedia.org/wiki/Intermediary). (Wikipedia)
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The development team, upon completion of the mint phase, will explore the possibility of developing a DEX, which will allow to:

* Create liquidity pool for the $MFT token
* Participate in staking programs, in agreement with the DAO
* Launch new NFT collections by proposing access through partnerships or whitelists
* Propose lottery and games dedicated to the holders of the $MFT token

The development of the DEX will be managed through a roadmap and a dedicated whitepaper, the start of development is scheduled for Q2 / 2022 based on the percentage of minting achieved**.**

During the development process we will turn to certified external companies for the product audit**.**