TokenInsight news, izumi Finance, the innovative protocol that provides programmable liquidity mining on Uniswap V3, announced the launch of its decentralized autonomous organization (DAO). The DAO will be governed in a revolutionary way, with a quadratic voting mechanism based on veNFT. The new iZUMi DAO veNFT (veiZi) governance token will enable DAO governance through quadratic voting on key issues for the community. veiZi NFT compatible with the ERC271 standard and is designed to fully represent the governance rights of the iZUMi Finance protocol, which include voting, boosting and returning staking rewards. In addition, veiZi NFTs can be minted by any iZUMi wallet address by locking iZi tokens for a certain period of time. It will also be possible to acquire veiZi through third-party NFT marketplaces.Source
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