Decentralised Treasury Spending - Decred Fundamentals

On Saturday 8th, of May 2021 at block 552,448 Decred passed a vote to introduce a new Treasury Spending rule, where stakeholders vote to approve how funds are spent. This is yet another milestone in Decred's history, making it increasing more decentralised. Giving the final say to the stakeholders effectively creates a system of checks to make sure all parties and individuals are acting in accordance with their proposals’ budget and productive output. 

For those not in the loop, Decred is building a Decentralised Autonomous Organisation (DAO) around the premise of sound money. Decred has a fix maximum supply of 21 million, is governed by its coin holders and is self funded from its decentralised treasury.

Through its decentralised, open sources and fee-less exchange (DCRDEX), Decred aims to be not only a project for peer to peer transactions but a platform for peer to peer exchange. An interoperability factor unparalleled by any other project.

Join us on our journey through the economic and social landscape of modern society and the potential for a better future.  This channel does not provide financial advice and you should never invest your hard-earned money without first doing your own research and due diligence.

* Video Content for this Podcast can be found on the Decred Youtube Channel - https://www.youtube.com/c/DecredChannel

* and the Decred Society Youtube Channel - https://www.youtube.com/DecredSociety

* Engage with us on Twitter - https://twitter.com/DecredSociety

* For more info regarding Decred visit - https://www.decredmagazine.com

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