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DWF Labs has committed to pledging 500,000 WAVES to support the launch of WavesDAO.

BlockBeats news, on June 25th, Waves founder Sasha Ivanov recently stated that DWF Labs has pledged to stake and vote for 500,000 WAVES to support the launch of WavesDAO. WavesDAO is a for-profit DAO on the Power Protocol platform, aimed at supporting the development of projects and other initiatives based on the Waves blockchain. During the launch phase, WavesDAO is seeking to bring one-third of Waves mining rewards into WavesDAO. This proposal requires approval from Waves miners and stakeholders through on-chain voting. DWF Labs' participation in the program will authorize developers to build on the Waves blockchain once the proposal is approved.

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