🧑‍🤝‍🧑BLACKHOLE DAO

The idea behind Blackhole DAO is that it is a public utility that benefits Ethereum Stakers and the ecosystem as a whole. Blackhole is a trustless, automated program that adds more features to Ethereum for Operators and Stakers. This enables it to offer Distributed Validation powered by Liquid Staking in a permissionless and trustless manner without charging protocol costs.

The final criteria for the launch and functioning of the Blackhole staking protocol at launch are to be decided by the Blackhole DAO.

The Blackhole DAO

Through the Delegated Blackhole token holders, who have voting power, the Blackhole DAO represents its users.

It is entrusted to be governed by holders of Delegated Blackhole Tokens for the public benefit.

The total amount of Blackhole tokens is limited to 1,000,000,000. For governance purposes, Blackhole coins that are not properly delegated are not taken into consideration.

One vote on matters like these is equal to each Delegated Blackhole token.

• Altering Blackhole's content by changing any applicable network settings.

• Spreading the word about the Blackhole staking technique.

The elements of the Blackhole DAO are totally decentralized: