Governance & DAO

Staking Rewards Staking is a way for us to reward members of our community for thinking long term and securing their $ATH tokens. When you stake your $ATH, you will be able to earn $HEALTH rewards when you lock up your tokens via the staking dashboard. Staking also will grant you voting rights and influence over the use of the Treasury in the future.

The DAO & Economy Blockchain technology brings immense innovation to the world as we see it, and with that changes our day-to-day lives. One of the most important use cases with decentralization into the web3 space is ownership and control. This is also something that we would like to bring to Astro Hounds and is why we are opening up a DAO structure.

You have the ability to take ownership and control of the Astroverse by joining the Astro DAO club. As a member, you will be able to vote on key decisions of the platform by staking your tokens. Thereby unlocking deeper earning potential and governance in the Astro Hounds app. As such, you can vote on or propose new ideas for the astro world.

Astro Hounds will gradually transform into a community-owned Decentralized Organization through $ATH. This happens as $ATH is distributed among players and stakers, with the core team ownership becoming less concentrated over time. Initially, the team will be able to vote with the locked Play & Earn / Staking reward allocations. This ensures protection from hostile actors during the earliest phases of decentralization.

The goal of the move to earn token is to attract a wide range of players to the Astro Hounds ecosystem, where active and loyal members are heavily rewarded in $ATH.

Becoming a member of the Astro Hounds DAO club gives premium features to all members of the club. This not only opens up ALPHA chats in discord, in which NFT projects and other crypto general knowledge can be shared among alpha members. It also enables discounts on NFT accessories and seats for the grand-prix dog races.

Most critically, DAO membership gives dedicated community members a voice to have their say. Not only do they get to vote on key platform decisions by staking their $ATH tokens.

1. Staking: staking tokens and LP tokens unlocks certain Astro Hounds and dog accessories.

2. Buy-backs: 50% of NFT trading fees are bought back on the market, which the DAO may vote to burn.

3. Staking Yield: Up to 50% of NFT trading fees are available as staking rewards for DAO participants.

4. DAO membership importantly gives users the ability to vote on key decisions on Astro Hounds and even create and run their own events.