Aug 28th 2021 19:58
Mission of $CAGS
What is the Mission of $CAGS
- $CAGS is a Decentralised Autonomous Organisation (DAO) that will buy or sell digital assets, crypto assets and NFTs collection over time using the Binance Smart Chain.
- $CAGS Token holders will govern the DAO’s treasury, and decide on which digital assets or crypto assets or NFTs collection to buy or sell. The funds in the treasury will be used to buy the digital assets, crypto assets or NFTs collection over time. The treasury will be controlled by a multi-sig smart contract.
- The wallet will be controlled by the key representative members of the $CAGS community who will use their best endeavors to act in accordance with the management decisions made of the $CAGS Token holders.
- The majority of the signatories of the wallet will be the key representative members of the $CAGS community. The key representative members of the $CAGS community will first be selected based on the size of their $CAGS Token ownership.
- Any future changes of the signatories will go through a governance proposal and be subject to a vote by the $CAGS Token holders.
- $CAGS Token holders will be entitled to vote on the management decisions on the fund held in the DAO wallet from time to time.
- $CAGS is also a digital currency or digital money or digital gold that will be used as an alternative medium of exchange for any e commerce transactions, trade transactions and trade settlements.
- $CAGS can be kept as a store of value.
- $CAGS Token holders will have the opportunity to provide liquidity to earn a portion of transactional fees.
Learn More About Crypto Assured Gold Standard
Website : https://www.cagolds.com
Twitter : https://twitter.com/CagsGold
Facebook : https://facebook.com/cagolds
Instagram : https://instagram.com/cagoldstd
Telegram : https://t.me/cagolds
Coinhunters: https://coinhunters.cc/tokens/CryptoAssuredGoldStd
Gitbook: https://cagoldstd.gitbook.io/crypto-assured-gold-std
Medium: https://medium.com/@cagoldstd
