Stroom DAO

The DAO's role is to curate key parameters of the Stroom protocol. The goal is to ensure that the four most important aspects of the bridge are functioning appropriately and adapting to the market conditions. Those aspects are:

● Maximizing the protocol's revenue ● Controlling the risks indirectly by incentivizing restaked liquidity ● Curating operators ● Properly configuring slashing

A DAO will be established by implementing a stakeholder token, STROOM. Locking the tokens allows DAO members to vote for key system parameters, e.g., how much liquidity to direct to the given BTC yield-generating strategy. Locking is implemented to guarantee voters’ accountability for their decisions. If the decision is flawed, locked tokens are going to be slashed. However, voters will receive adequate compensation for performing their duties successfully.