Navigating the Waves Ambassador DAO
The Waves Ambassador DAO serves as the key platform designed to ensure clear communication and task transparency for Waves Ambassadors, while offering an enticing 10% monthly staking interest. In this guide, we will outline the essential steps and processes involved in becoming a part of this dynamic DAO community.
Follow these steps to take part in the DAO and become an Ambassador:
1. Fill the Submission form:
Complete the registration form and choose your role in the DAO. There are three main groups within our organization:
- Local managers: leading the existing regional community or creating new regional community
- Key Opinion Leaders (KOLs): building your own network of users who follow and participate in the Ambassador DAO
- Waves army: completing assigned tasks to receive monthly rewards
You can find more details in Ambassador Dao Structure Document.
2. Join Telegram Group:
Join the Ambassador DAO telegram group to connect with fellow Ambassadors and stay posted on the latest updates.
3. Twitter Presence:
- Add the Waves emoji 🌊 to your account name or bio and use these images as your Twitter header and avatar
- Be aware that Twitter accounts created after June 2023 with no other posts and followers are not eligible to participate
4. Staking within the DAO:
To become a member of the DAO in any of the three groups, individuals are required to stake at least 0.01 $PWR on the Ambassador DAO page. Staking is possible during the period between the rounds (approx. once a month). Once they become DAO members, they must fulfill the tasks assigned to them.
How DAO works:
1. Commitment: ambassadors have the opportunity to commit $PWR tokens once a month during the period between the rounds. This means they become a member of DAO for the next month.
2. Monthly tasks: ambassadors are required to complete specific tasks to qualify for the exclusive 10% monthly staking interest. The details of these tasks will be communicated regularly within the DAO to ensure that everyone is well-informed about the expectations. Important announcements and updates will be shared regularly within the group, so be sure to stay tuned for the latest information.
3. Payment system: if ambassadors complete the tasks from the group or from the Waves managers, then they receive 10% of their staked $PWR tokens at the end of the month. The more staked $PWR tokens they have, the more their total income will be.
4. Withdrawing: before the new round starts, ambassadors have the opportunity to withdraw or commit $PWR tokens. How to withdraw:
- connect wallet on Ambassador DAO page: https://app.power.tech/dao/3P48jWGMbCS4NaLh9xJnEhaDYnFYpoAGhET
- withdraw 10% of initial commitment (staking in DAO) during the period between rounds. There is usually a time for a commitment between the rounds of about ~3 days. During this period ambassadors can withdraw the 10% reward share (for example, 0.1 $PWR if they have 1 PWR token in commitment) or stake more $PWR tokens for future reward
- trade $PWR tokens in pair with WAVES: https://wx.network/trading/spot/PWR_WAVES. WAVES is available on most popular exchanges.
5. New round with new tasks. Find all announcements about upcoming events in the Telegram group.