Cryptocurrency Q&A What is SOS coin?

What is SOS coin?

Stefano Stefano Fri Nov 08 2024 | 9 answers 2128
I recently heard about SOS coin and I'm curious to learn more about it. Could someone please explain what SOS coin is, its background, and how it works? I'm particularly interested in its use cases and potential as an investment. What is SOS coin?

9 answers

GliderPulse GliderPulse Sun Nov 10 2024
It holds a pivotal role in the governance structure of OpenDAO.

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PhoenixRising PhoenixRising Sun Nov 10 2024
Users need to stake their SOS tokens to attain governance privileges.

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Valentina Valentina Sun Nov 10 2024
The process of staking SOS tokens is crucial for influencing decisions within OpenDAO.

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DigitalLegendGuard DigitalLegendGuard Sun Nov 10 2024
Upon staking, users receive veSOS, a representation of their staked SOS.

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Carlo Carlo Sun Nov 10 2024
SOS serves as the fundamental token of OpenDAO.

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