Hello Community friends, Greetings from @mrdani12 to all my beautiful friends, Hopefully you guys are doing well, Today I am going to share about the proposal of From arcade Colony , In this Post I will share about the that is proposal about and why the DAO governance proposal related to account recovery in our ecosystem. Recently I see a post of Arcade Colony and Also in Discord server in Important announcement. A Verified user of arcade colony have lost access to their account and can't be recover or do nothing with that account, and that account still hold token NFTS and other on chain assets.
The user have no longer access to their account and can't recover their account now, The user request to recover their account with the help of validator team of hive but Transfer of asset from one account to new account is very important and serious action, due to which Validator Team make a proposal to DAO or Community and if the proposal pass then the Action will be perform by validator who are running the overall hive ecosystem.
Most of the People will Question that who is DAO?
It is the most important question from beginner and also from the hive user who spend more time on hive but did not understand this concept yet, DAO are the Decentralized Autonomous Organization which run the governance system where decision can be made by no one leader but people who have stake more token or stake holders not a central leader. This is the fun of decentralized System, not a central leader but decide by people. people who stake more will have more power and vote the proposal.
here in Decentralized ecosystem every thing is transparent and decided through vote. Not just one person is responsible but decide by many people.
You can see this is the overall voting details, All colony stackers are encouraged to participate, Voting will remain, for 7 days, For this proposal to be passed, Need 10% of staked colony must vote, and also the 2 third majority must favor approval, If you are Arcade Colony Member then go and participate in the proposal, You have the right to yes or no in the voting poll, The lost account have some AC token and other NFTS or on chain asset.
if you want to participate then go and make sure to vote on the Proposal here is the link:
https://ecency.com/hive-104500/@arcadecolony/ac-dao-proposal-for-verified-asset-recovery?referral=mrdani12 Every vote matters
This is all about from today see you in the next post.
If you want to be a part of this community and work with me for Moonkart, just join me and let's take this game to the top.
This is all for today, see you in the next post.
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That’s all for today’s gameplay update! See you in the next post!
Best Regards, @mrdani12
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ready, lo hare
I have cast my vote; I hope the user recovers their assets.
thank you very much dear💖