Harmony Validator DAO

VDAO is Harmony One’s validator DAO. Just like bitcoin has many many miners, Harmony has hundreds of thousands of delegators and hundreds of validators in the community. 

The VDAO is a decentralized autonomous organization whose purpose is to enable further decentralization, ensure network security, and provide for the enfranchisement and self-governance of the validator community.

VDAO is a Decentralized Autonomous Organization owned by the ONE holders.

VDAO is built on principles of open participation and accessibility.

VDAO promotes the consolidation and development of the ONE holders staking ecosystem, of its decentralised consciousness, and culture, and also the development of the autonomous identity of all Validators and Delegators.

ONE holders are the bearers and the only source of power in the Harmony Validator DAO.

ONE holders are Validators and Delegators.

ONE holders exercise power directly or through the Validators by virtue of staking.