Power DAO is a platform for decentralized governance designed to efficiently manage pooled resources and maximize utility for every honest participant.

Core Mechanics

Participants contribute resources to the main (Mother) DAO and receive PWR tokens in return, issued at the current market price. PWR is not an LP token representing a share of the treasury — it is a standalone governance token whose value the DAO collectively works to increase.

To participate in governance, PWR tokens must be staked in the DAO. The DAO aims to grow its treasury and distribute rewards based on each participant’s governance contribution. When a decision leads to treasury growth, voters who supported it gain additional Voting Power; voters who opposed it lose Voting Power. Treasury surplus is converted into PWR through buybacks — increasing its market value — and distributed to participants in proportion to their Voting Power. Since all participants are PWR holders, increasing the token’s value is a goal they are naturally aligned around.

Voting Power

Voting Power is determined by three factors:

• Stake size: To mitigate dominance by large accounts, Voting Power scales with the square root of staked PWR rather than linearly.
• Stake duration: Longer staking periods yield greater Voting Power.
• Voting history: Simply participating in votes earns an incremental increase in Voting Power, regardless of outcome. This addresses voter apathy by rewarding engagement, not just having a vested interest in a particular result.

Inflation & Rewards

New PWR tokens are minted at a target rate of approximately 5% annually and distributed according to Voting Power. This inflationary mechanism serves to expand the user base and scale governance power over time. In practice, there are two ways to grow PWR holdings through DAO participation: active and successful governance earns a share of treasury profits, while the inflationary flow increases holdings in proportion to accrued Voting Power.

Skin in the Game

Responsible governance requires a positive feedback loop: successful decisions are rewarded with more Voting Power, and failed decisions are penalized by reducing it. Without skin in the game, governance is easily abused — as many conventional DAOs with Voting Power proportional to staked tokens have demonstrated.

To evaluate whether a proposal succeeds, each proposal must define clear KPIs and a timeline. At resolution, if the proposal met its KPIs, supporters gain Voting Power taken from opponents. If it failed, the reverse occurs.

Two-Tier DAO Structure

The protocol supports a two-tier structure. The Mother DAO can spawn child DAOs, each focused on a specific initiative aimed at increasing PWR value. Child DAOs can receive funding from the Mother DAO and also raise funds independently. Participants in child DAOs lock PWR tokens and share profits from that DAO’s activities based on their governance contribution.

Key rules for child DAOs:

• Each child DAO must be approved by a Mother DAO vote, with terms announced at launch.
• The Mother DAO can override child DAO decisions through community-wide voting.
• Tokens locked in child DAOs are subject to the same slashing mechanics — successful governance increases Voting Power by taking it from those who opposed the winning outcome. Staked tokens cannot be unlocked immediately in order to prevent abuse.

KPI Assessment

KPIs are evaluated at resolution using input from an independent LLM (or consensus across multiple models). LLMs also review initial proposals to verify that KPIs are well-formed and aligned with the protocol’s overarching goal: treasury growth and, by extension, PWR appreciation. Additionally, community-wide Mother DAO votes can be used to assess KPIs in child DAOs and resolve governance deadlocks.

If you have any questions regarding your DAO participation, join the PowerDAO telegram group for more information.

Seeing as our Ambassador DAO community grows, we decided to create a simple guide on how you can upgrade your status to gain more benefits. Joining Zealy and completing quests is just the first step of your Power journey, meaning that you can increase your rewards and participate in the DAO decision-making process with little effort.

Ambassador Starting Point

So, you’ve connected your wallet on Zealy and received a list of quests for the sprint. What is the maximum you can get and how to do it?

Every sprint, there is a fixed amount of 0.15 $PWR awarded to each of the top-20 ambassadors. To get to the top of the leaderboard, you need to complete 100% of quests and be quick about it, since time also accounts for your position. The participation is free for everyone, but you need to work hard to get a reward.

From here, you can join Waves Army, which will boost your potential income and will make it much easier to get.

Multiply Your Income with Waves Army

If you go through a simple registration process, you will be officially accepted into the ranks of Waves Army. With this status, you can commit up to 5 $PWR to get 10% monthly returns, which is 0.5 $PWR per round on top of 0.15 $PWR of sprint rewards. All you need to do is to commit at least 0.01 $PWR at the start of the sprint, which can be done here.

Additionally, as a member of Waves Army, you enjoy more relaxed requirements for Zealy quests, since you only need to complete 75% of the tasks in a sprint to get rewards.

Ambassador vs. Waves Army Rewards

Break the Limits with Mother DAO

While being a part of Waves Army brings solid profit, there is a cap of 5 $PWR on committed tokens, and, subsequently, your monthly gains. There is also a time factor, because you can commit PWR only within a small window at the start of a new sprint. So, how do you upgrade from there?

Consider going to Mother DAO with an unlimited PWR staking for a 25% APR. Mother DAO is on a completely new plain of involvement, as it lets you actively participate in the Power DAO governance. This is also the requirement for your 25% return, so idling is not an option. You can start voting with 0.5 $PWR, but if you want to invest more than 5 $PWR, Mother DAO is a perfect solution, as it lets you stake tokens at any time without a maximum limit.

Progression Scenario Example

Let’s see how your rewards can become your investment and how you can utilize the available tools to start staking in Mother DAO in just 2 Zealy sprints, which will take 2 months.

• Step 1: After joining the Ambassador DAO on Zealy, apply for the Waves Army membership and purchase 1 $PWR to commit it.
• Step 2: Complete Zealy quests to get into top-20 for 2 sprints in a row.
• Step 3: After that, you will have 0.3 $PWR from completing Zealy sprints + 0.2 $PWR from the committed tokens, 0.5 $PWR total.
• Step 4: Go to Mother DAO and stake 0.5 $PWR for the ability to vote and get a 25% APR, while also retaining your Waves Army 10% monthly income.

Start for Free or Skip the Grind

To join Waves Army or Mother DAO, you need a small initial amount of PWR. You can obtain it completely free by getting into the top-20 during a Zealy sprint, but that is not guaranteed due to fierce competition.

Another way is to simply purchase PWR tokens for WAVES with a 2.5% discount or for any other currency on the Waves Ecosystem DEXs:

• WX.Network
• Puzzle Swap
• Swop.fi

Whether you choose to start slow as an Ambassador, boost your earnings through Waves Army, or vote via Mother DAO, each step offers clear benefits and a higher level of involvement. Pick the path that fits your goals, scale up when you’re ready, and enjoy sustainable rewards.

If you have any questions regarding your DAO participation, join the Ambassador DAO telegram group for more information and direct assistance.

Money is an instrument that facilitates the circulation of goods and services and remains necessary until we achieve a post-scarcity society. However, money should be issued in a way that accurately reflects existing economic activity or fosters new activity, properly accounting for its scope. By entrusting the money-issuance process to a decentralized, community-driven governance system, we can help reduce hoarding and mitigate skewed wealth distribution.

We propose a new approach to monetary policy grounded in community governance, ensuring that the monetary supply aligns with the economic activity it is meant to support. In this framework, no borrowing or lending is involved in creating new currency; instead, new issuance is directly backed by the underlying economic endeavors.

Our model involves a DAO-based protocol for issuing a monetary instrument that can function both as money and as a governance token. Under this protocol, new issuance is triggered by community proposals to create a specific amount of the asset for a defined communal project, whether it’s for investment, creating value-added products, or promoting the protocol. Once this newly minted money circulates, it can serve as a medium of exchange and a store of value in peer-to-peer transactions. While issuance is governed by a DAO, the asset itself remains useful for purely peer-to-peer interactions.

Within this governance system, active participation is rewarded with a UBI-style payment, recognizing governance as a legitimate economic activity. Members seeking additional income can engage in community projects that are supported by new issuances of the currency.

Traditional monetary systems rely on central banks issuing new money via lending to commercial banks — a process that can introduce unnecessary friction and effectively turn value creation into a short-term zero-sum game. In contrast, our community governance approach directly ties new currency to communal activities. Additionally, the monetary asset can be acquired by depositing other assets into the community treasury, so its value is backed by both socially beneficial labor and other tangible or intangible forms of wealth. Once issued, it circulates freely as a medium of exchange.

Over time, the new monetary asset can evolve in its purpose. During its initial phase, it must establish itself as a viable store of value and medium of exchange, ideally appreciating substantially relative to existing fiat currencies. The community’s efforts in this phase should focus on bolstering the asset’s market value. Ultimately, as the community grows, the asset can become a recognized unit of account, enabling other assets to be priced against it — at which point it functions as genuine “money.”

• Power Protocol aims to implement Direct Democracy on the blockchain, where you never give up your power and always have a say.
• Power Protocol creates a new monetary asset, $PWR, where monetary policy is implemented through community governance. Imagine a central bank running as a DAO.
• The goal of community governance is to make $PWR constantly grow in value. To achieve this, the community allocates treasury resources.
• Every community member holds $PWR.
• The Power ecosystem works as an ecosystem of DAOs, where the Main (Mother) DAO creates child DAOs, each focusing on a particular project.
• $PWR serves as the governance token in all DAOs, which creates additional utility for it, besides being a valuable, community-owned asset.
• Engagement is encouraged: by participating in the decision-making process, Power Protocol members receive $PWR as a reward.

Hello, Waves Ambassadors!

We’re stoked about your engagement with our Ambassador Program and your activity on the Zealy platform! There are already over 1600 of you, and you’ve managed to collectively complete more than 25 000 tasks. Now, let’s see how we can grow our ranks further.

For Waves Army

The Waves Army powers our movement by spreading Waves awareness and completing DAO tasks. Through social engagement and active participation, they keep the community strong and thriving. The Waves Army is open to everyone! Want to have fun completing tasks and fight for rewards? Then follow these simple steps:

1. Join our Ambassador DAO on Zealy

2. Fill the form and complete the remaining tasks from the “Let’s start 🚀” section to unlock more challenges

3. Stay tuned for new quests, complete them, and earn rewards monthly

In order to earn rewards you need to complete quests from Sprints aligned with Rounds which last approximately 1 month. A new Sprint is started every month as well. Within these Sprints there are a variety of tasks aimed at revealing your creative individuality and demonstrating your knowledge about our project.

There will be 2 options to get rewards from us:

1. Top 20 leaders from the Sprint’s leaderboard (bound to Rounds) get 3 Power Tokens shared between them. All you need to do is to be active and complete tasks successfully to earn XP points and be one of the top leaders.
2. To get extra rewards Waves army must meet two mandatory conditions: stake $PWR tokens and complete 75% of tasks from the Sprint’s Questboard. At the end of each Sprint (Round), every ambassador from the “Sprint’s leaderboard” will receive 10% from their staked $PWR tokens.

If you have any questions regarding the tasks, feel free to ask in the Ambassador DAO group.

For KOLs

If you want to contribute more to the community and get additional rewards, you can apply to become a KOL (Key Opinion Leader). KOLs, also known as influencers, play a significant role in shaping DAO decisions. They have the exclusive ability to grow their own network within the Ambassador DAO, helping to expand the community’s influence and engagement.

How to become a KOL

• Have More than 5k followers on Twitter
• Actively spread the Waves news

If you meet the requirements, find the “For KOLs 🫡” section on Zealy, submit your application there and wait for our response.

For Local Managers

As a local manager, you will be tasked with the translation of Waves-related materials and hosting contests for your local community. Local Managers play a crucial role by staking $PWR tokens, which enables them to lead and organize the Waves Army in their respective regions.

How to become a Local manager

• Speak any foreign language other than English
• Have the ability to translate the Waves news fast
• Be active in a local community group

If you’re a fitting candidate, check out the “For Locals 🫡” section on Zealy and send your application. Our manager will contact and instruct you on further details.

💡If you want to learn more about the Ambassador DAO roles, check out this article, and for details on how to earn and claim rewards, visit this guide.

We are continuing to enhance our platform and we need your support. Keep being active, and if you have any questions, feel free to ask in our dedicated chat.

Power Token is a monetary instrument that serves as an alternative to fiat money and traditional cryptocurrencies. Unlike fiat currencies, which rely on centralized governance, or algorithmic cryptocurrencies that aim to store value, the Power Protocol introduces a different approach: decentralized community governance, akin to direct democracy but with certain improvements enabled by blockchain technology.

$PWR Tokenomics & Usage

There is a maximum annual inflation rate determined through community governance, either in absolute terms or as a percentage of the current supply. Issued $PWR tokens can be used in the following ways:

• Sold for other cryptocurrencies, with proceeds going directly to the Main DAO treasury.
• Paid as governance participation rewards in the Mother DAO.
• Issued to Child DAOs in exchange for their treasury tokens.
• Paid to community members for activities that benefit the community as a whole.

The goal of the Power Protocol is to create a decentralized monetary asset that performs well relative to other crypto assets. Mother DAO governance aims to increase the value of the $PWR token. It uses treasury funds to invest in profitable ventures — especially within the Power ecosystem DAOs — and directs profits to boost $PWR’s value. Direct purchases of $PWR also increase its value, as part of the incoming assets is allocated to the $PWR liquidity pool.

Power DAO Governance Model

The $PWR token also serves as the governance token of the protocol, enhancing its utility and purpose. The ecosystem governance model is based on a feedback mechanism, where a participant’s decision-making power depends on their governance track record. This power can increase or decrease (via slashing) based on whether the KPIs set for ecosystem DAOs at launch are achieved.

The main DAO of the ecosystem, called Mother DAO, regulates the issuance of $PWR tokens. It also serves as a last resort for resolving governance deadlocks in Child DAOs. In cases of governance abuse, Mother DAO can intervene and override Child DAO governance.

The goal of Mother DAO governance is to increase the value of the $PWR token. It employs all available tools — such as treasury funds and $PWR token payments for promotional activities — to achieve this objective. To participate in governance, participants must stake $PWR in Mother DAO.

A portion of the yearly inflation is set aside for governance engagement rewards. To earn the maximum rewards, participants need to take part in every DAO vote. The rewards are based on the amount of $PWR staked in the Mother DAO.

Additionally, part of the annual supply is reserved for rewarding Mother DAO participants when governance leads to successful outcomes (e.g., an increase in $PWR token value). These rewards are decided by DAO governance at the start of a KPI period and cannot be changed by later votes. Distribution is based on the amount of staked $PWR and active participation in governance.

Governance power in Mother DAO increases as participants engage in more votes. It begins at a level proportional to the square root of staked $PWR and grows linearly with each vote. If $PWR is transferred to another address, the governance power earned by the original address through voting is not transferred.

KPI rewards are distributed based on the governance power earned, not just the total staked tokens. This ensures that $PWR remains valuable both as a governance tool and a monetary asset.

Child DAOs implement more aggressive slashing mechanisms. These DAOs have clearly defined KPIs at launch, and failure to meet them can result in slashing $PWR tokens. To justify this, participants in Child DAOs can receive treasury funding from the Mother DAO treasury.

What’s in it for You?

By staking $PWR in the Mother DAO, $PWR owners become the primary beneficiaries, actively shaping governance decisions, earning rewards for their contributions, and reaping the benefits of the token’s growing value. Whether you aim to drive the future of decentralized finance, invest in a cutting-edge monetary asset, or enhance your wealth, the Power Protocol empowers users with the tools and incentives to succeed.

If you want to learn more about your role in the Power revolution and stay posted on the latest $PWR updates, feel free to join our dedicated Telegram chat. For additional information, please visit the official Power DAO website.

Get the power to redefine money on your terms today!

Power Protocol’s mission is to enhance blockchain governance and explore its application in real-world scenarios. We’re returning to the roots of blockchain, which are now somewhat forgotten — decentralization is meant not only to facilitate the creation of purely financial networks but also to change the way our society operates in general.

The idea behind Power Protocol is actually quite simple — voting in a DAO should have consequences for those who vote. If a DAO is unsuccessful, it should result in reduced voting power for its participants in future votes. Conversely, if a DAO is successful, the governance power of the voters should increase. This will allow us to select more effective decision-makers and filter out the less effective ones.

In this way, the governance power becomes detached from the details of a particular DAO; it becomes a universal decision-making power that can be used in many DAOs. It can be enhanced with proper tokenomics and tokenized into $PWR. The utility of $PWR is governance. It allows voting in various DAOs, including the main DAO of the protocol — Mother DAO. One of the goals of Mother DAO is to resolve governance deadlocks and prevent malpractice in the Child DAOs connected to it. Child DAO governance can always rely on the Mother DAO to resolve issues.

To properly serve as tokenized voting power, $PWR should be a scarce and valuable token; it should be highly valued by DAO members since they get more of it for making good decisions (conversely, it is taken from them and burned if they fail to meet the goals set for a specific DAO).

Thus, the price of $PWR becomes important for the success of the protocol. For example, the main protocol DAO (Mother DAO) works to increase the value of $PWR by increasing the Mother DAO’s treasury and spending part of the treasury profits to buy $PWR back. The value of the treasury can be increased by selling $PWR tokens and performing treasury swaps with various Child DAOs — $PWR is issued for the Child DAO’s governance and exchanged for Child DAO tokens.

This is not the only way to increase the value of $PWR. The decision-makers in Mother DAO can vote on different ways to increase its value. It could be marketing campaigns, listing on exchanges, etc. Mother DAO voters do everything to increase the value of $PWR. People who buy $PWR can participate in the governance and decide how to better increase its value.

$PWR becomes a unique token — its holders actively work on increasing its value. This represents active participation in token governance, as opposed to passive token ownership or even ownership of blue-chip companies, where only a select few holders typically have a say in the decision-making process.

Massive Mother DAO onboarding is starting, and we hope you will become a member! $PWR to the people!

Welcome, Waves Army! We’ve got some exciting news for you! There is a new earning opportunity within the Ambassador program that will surely inspire you to become the very best.

Before we delve deeper into the details, make sure to join the Zealy platform, a community-building service that brings together like-minded individuals to collaborate and thrive. You will need an account there to make use of our newest mechanics.

Why Zealy?

Zealy is the best known community building platform in web3, based on gamification principles, including likes, retweets, link clicks, content creation, and other activities that contribute to the prosperity of crypto projects.

By successfully completing tasks — or quests as they call them — users earn experience points, XP, which help them climb the leaderboard and win valuable prizes from the project. This is why we do not want to miss the opportunity to encourage our users to be creative by expanding the range of tasks and possibilities.

What to Expect?

You still have the chance to earn rewards for staking $PWR tokens and completing tasks. To receive a reward, you must complete at least 50% of the tasks published in the Ambassador DAO group during a round, which lasts approximately 1 month.

What’s changed is that you can earn an additional reward by ranking high on the Zealy platform.
As previously described, the Zealy platform offers incredible capabilities that expand both your and our possibilities. On our part, we fully commit to creating engaging quests, such as:

- retweeting posts on Twitter (X),

- fun multiple-choice quizzes,

- secret quests revealed during weekly AMA sessions with Sasha Ivanov,

- and many more exciting opportunities to connect, learn, and win prizes

Quests will be updated regularly.

How to Join?

1. Create an account
2. Connect your Twitter and Discord
3. Join Waves Ambassador DAO Zealy questboard and get started!

How to Earn on Zealy?

As you complete quests on the platform, you earn XP points. By completing tasks and earning XP, you can exchange them for $PWR tokens. The more points you earn, the better your chances of ranking high on the leaderboards. The top 25 ambassadors with the highest XP points will be appointed as leaders. The prize pool will consist of 2 $PWR tokens and will be distributed among the leaders every 2 weeks.

Welcome and Let’s Grow Together!

We want our community to continue to grow, and we encourage you to be as active as possible. If you have any questions, feel free to ask in our dedicated chat. We wish you a productive start!

ATTENTION! The last section of this article (Information for Waves Army) has been altered after the initial posting. Please make sure that you read the updated info.

As we know, there are three main groups within our organization:

• Local managers: leading the existing regional community or creating new regional community
• Key Opinion Leaders (KOLs): building your own network of users who follow and participate in the Ambassador DAO
• Waves army: completing assigned tasks to receive monthly rewards.At the launch, all three groups were informed that they need to complete all tasks they get: local managers and KOLs get tasks from the Waves team, while the Waves army get the tasks from the Ambassador DAO telegram group. Moreover, local managers and KOLs received from the Waves team an incentive in the amount of 1 $PWR token.

Following this, all three groups of ambassadors are required to successfully fulfill their assigned tasks. Upon completion, they are eligible to promptly receive 10% of their staked $PWR tokens at the end of each round, which occurs on a monthly basis.

The new reward system

$PWR tokens are treated differently depending on the way they are obtained:

1. One $PWR sent to local managers and KOLs will be locked in the DAO from March 19th for at least 6 months as an incentive for their future participation.
2. Ambassadors who lock their own $PWR tokens will be able to unlock these $PWR tokens during each settlement period, which occurs monthly.

Information for Local managers and KOLs

The new reward system affects local managers and KOLs:

• Ambassadors of these 2 groups will be able to receive up to 35% from their staked $PWR tokens as a monthly reward for completing tasks (please clarify all conditions with your Waves manager)

• All rewards now will be sent directly to ambassadors’ Waves account on a monthly basis. If desired, ambassadors can lock their rewards in the DAO to increase future rewards.
• Ambassadors also have an opportunity to lock their own $PWR tokens (5 $PWR tokens max) in the period between the rounds.
• If the ambassador who received the $PWR token from Waves team does not complete the assigned tasks, they will not receive a monthly reward. Furthermore, their 1 $PWR token which was given as an incentive for the ambassador can be slashed and cannot be withdrawn at all.

Information for Waves Army

The reward system for the Waves army ambassadors remains unchanged. They can lock their own $PWR tokens (5 $PWR tokens max) in the period between the rounds. If they complete all tasks from the Ambassador DAO telegram group, they will receive 10% of their staked $PWR tokens at the end of each round, once a month.

The Waves Ambassador DAO serves as the key platform designed to ensure clear communication and task transparency for Waves Ambassadors, while offering an enticing 10% monthly staking interest. In this guide, we will outline the essential steps and processes involved in becoming a part of this dynamic DAO community.

Follow these steps to take part in the DAO and become an Ambassador:

1. Fill the Submission form:

Complete the registration form and choose your role in the DAO. There are three main groups within our organization:

• Local managers: leading the existing regional community or creating new regional community
• Key Opinion Leaders (KOLs): building your own network of users who follow and participate in the Ambassador DAO
• Waves army: completing assigned tasks to receive monthly rewards

You can find more details in Ambassador Dao Structure Document.

2. Join Telegram Group:

Join the Ambassador DAO telegram group to connect with fellow Ambassadors and stay posted on the latest updates.

3. Twitter Presence:

• Add the Waves emoji 🌊 to your account name or bio and use these images as your Twitter header and avatar
• Be aware that Twitter accounts created after June 2023 with no other posts and followers are not eligible to participate

4. Staking within the DAO:

To become a member of the DAO in any of the three groups, individuals are required to stake at least 0.01 $PWR on the Ambassador DAO page. Staking is possible during the period between the rounds (approx. once a month). Once they become DAO members, they must fulfill the tasks assigned to them.

How DAO works:

1. Commitment: ambassadors have the opportunity to commit $PWR tokens once a month during the period between the rounds. This means they become a member of DAO for the next month.

2. Monthly tasks: ambassadors are required to complete specific tasks to qualify for the exclusive 10% monthly staking interest. The details of these tasks will be communicated regularly within the DAO to ensure that everyone is well-informed about the expectations. Important announcements and updates will be shared regularly within the group, so be sure to stay tuned for the latest information.

3. Payment system: if ambassadors complete the tasks from the group or from the Waves managers, then they receive 10% of their staked $PWR tokens at the end of the month. The more staked $PWR tokens they have, the more their total income will be.

4. Withdrawing: before the new round starts, ambassadors have the opportunity to withdraw or commit $PWR tokens. How to withdraw:

• connect wallet on Ambassador DAO page: https://app.power.tech/dao/3P48jWGMbCS4NaLh9xJnEhaDYnFYpoAGhET
• withdraw 10% of initial commitment (staking in DAO) during the period between rounds. There is usually a time for a commitment between the rounds of about ~3 days. During this period ambassadors can withdraw the 10% reward share (for example, 0.1 $PWR if they have 1 PWR token in commitment) or stake more $PWR tokens for future reward
• trade $PWR tokens in pair with WAVES: https://wx.network/trading/spot/PWR_WAVES. WAVES is available on most popular exchanges.

5. A new round with new tasks. Find all announcements about upcoming events in the Telegram group.