Governance Token
Community-driven governance of the Metaverse development will ensure that all governance decisions are transparent and auditable.
The YCLUB native coin, SYC, is an ERC-20 governance and utility token. Ownership of SYC qualifies community members to engage with various community-level decisions: YCLUB project. Community members will stake their tokens in the governance contract in return for voting rights.
While it is too early to reveal the scope of the YCLUB DAO, YCLUB considers it a critical component of community building to enable community members to make decisions that will shape their Metaverse. How widely and when to launch the governance aspect of the YCLUB project is a sensitive decision that must strike a balance between implementing YCLUB’s vision and enabling the community to shape that vision.
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