Gauntlet Collaborates with Xai Games for Xai’s Growth and Innovation

Gauntlet, a crypto monetary modeling platform, shares to collaborate with Xai Community, a blockchain-based gaming community. This collaboration goals to innovate the Xai Community and each firms will work to develop the Xai Community within the areas of governance and treasury administration of the protocol.

Gauntlet proudly shared this information at the moment by way of the X account. Based on the announcement, Gauntlet will primarily concentrate on enhancing stake-weighted DAO governance. Moreover, this collaboration goals to enhance treasury administration by way of Aera Finance, an on-chain treasury administration protocol.

Xai Community Duties Gauntlet to Restructure Governance

Xai Community companions with Gauntlet and entrusts Gauntlet to restructure the stakes-weighted governance community to reinforce Xai Community’s current governance system. Talking of Xai’s present governance system, it permits XAI token holders to vote and determine the upgrades and future developments.

Nonetheless, the corporate plans to restructure and enhance its governance system and the partnership with Gauntlet is an important step on this regard. The brand new governance system, which relies on DAO’s pursuits, will introduce a transparent set of directions for effectivity, accountability and transparency.

Treasure to be managed by way of Aera

Gauntlet, which is the custodian of Aera, will implement superior methods for Xai Community to hedge dangers, calculate market alternatives and handle liquidity. As well as, Gauntlet will make use of liquidity administration methods and risk-aware methods reminiscent of levered Ethereum staking and TWAP.

Up to now, each firms haven’t revealed the precise implementation date of the mentioned superior methods however have assured their consumer base of implementation this yr. Soby, the highest contributor to Xai Community, sees this partnership as a significant achievement for the Xai Community, which is able to finally profit their consumer base.