What is DeHorizon?
DEVT is an ERC-20 governance token that plays a crucial role in the development of DeHorizon metaverse. The platform aims to provide a decentralized virtual world where users can experience an immersive, interactive environment with limitless possibilities. The total supply of DEVT tokens is 300 million, and it is used for the governance of the DeHorizon ecosystem.
Users who hold and stake DEVT tokens have the opportunity to become members of the DeHorizon DAO, allowing them to actively participate in governance proposals. DeHorizon DAO is responsible for making key decisions that shape the future of the metaverse. These decisions include the allocation of funds for new features and updates, voting on significant protocol changes, and deciding on the inclusion of new tokens.
To promote a stable deflation of DEVT, the platform will introduce a burn mechanism at a later stage. The burn mechanism aims to reduce the total supply of DEVT, leading to an increase in the token's value. This will be achieved by burning a certain percentage of DEVT tokens based on community proposals and voting.
DeHorizon is a unique metaverse with several exciting features, including virtual real estate, gaming experiences, and social interaction. The platform is designed to be a fully decentralized ecosystem, and the governance of the ecosystem is essential to ensure that it remains community-driven and aligned with the platform's vision.
In conclusion, DEVT is an ERC-20 governance token that enables users to participate in the governance of the DeHorizon metaverse. The platform aims to provide a decentralized virtual world that offers limitless possibilities for users to explore and interact with each other. With the introduction of a burn mechanism, DEVT will become even more valuable, incentivizing users to hold and stake their tokens for a chance to shape the future of the DeHorizon ecosystem.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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