Token holders receive governance rights over ValleyDAO's treasury, what research is funded, and how the synthetic biology IP-NFT portfolio is managed.
GROW holders can use their tokens to acquire fractions of ValleyDAO's IP-NFTs , granting holders a stake in the advancement of ValleyDAO's funded academic research projects.
GROW is used to attract and incentivise talent and expertise to support the development of ValleyDAO’s funded IP-NFTs.
GROW will serve as the native token to power the technology tree initiative, supporting the creation of knowledge databases for the synthetic biology industry.
Transparently see what the DAO is doing, share your opinion, and vote on proposals
Discourse is ValleyDAO's hub for governance discussions. Here, you can voice opinions, give feedback, and talk through key proposals like research funding, IP-NFT licensing, on/off-boarding of work group members and other key decisions that require the attention of the wider community.
Approved governance proposals on Discourse move to Snapshot for final voting. This streamlined process ensures well-discussed, informed decisions, facilitated by $GROW token voting within ValleyDAO.
For GROW ownership and proposal voting, you'll need a self-custodian (user owned) crypto wallet that works with the Ethereum or Optimism network. We suggest using MetaMask for.
You'll need some Ethereum (ETH) to purchase GROW. Services such as Ramp enable you to buy ETH with your credit card, which can then be used to obtain GROW and cover network fees for the transactions.
Now, the final step is to go to a decentralized exchange like Uniswap, where you can exchange your ETH for GROW. Once you have GROW, you'll be able to vote on on-chain proposals using Snapshot.
Hop onto Discord.
Post your message in the “General” channel.
Receive 1-on-1 support from a community member.
Learn how to set-up your first wallet and anything else Web3.
When you’re all good you can buy your first GROW Tokens.