- XAO DAO lets XRP holders propose and vote on XRPL decisions.
- Voting power is based on XRP holdings with safeguards against whales.
- Governance uses XRP only and funds grants to support XRPL growth.
XAO DAO is preparing to launch the XRP Ledger’s first decentralized governance platform, allowing community members to participate in the network’s growth actively. This move signals a change in control, enabling XRP holders to propose and vote on major decisions that will shape the future of the XRPL. Following the announcement, XRP’s price rose slightly. According to CoinMarketCap, XRP traded around $2.15, up over 1% in the past 24 hours.
Set to launch by the end of summer, XAO DAO will serve as the first decentralized autonomous organization on the XRP Ledger. The platform debuts amid rising network activity, with daily XRP addresses increasing by 700% and whale wallets hitting an all-time high.
Through XAO DAO, XRP holders can submit proposals that the wider community can vote on. Votes will be weighted based on the amount of XRP each user holds at a given moment, with safeguards in place to prevent whales from dominating the process. Voting will occur within a fixed window, and results will be publicly disclosed to ensure transparency.
How Voting Shapes XRPL’s Future
The DAO’s voting outcomes will influence how funds are allocated and guide the development roadmap for the XRP Ledger. This includes support for initiatives such as decentralized applications, validator infrastructure, and educational programs. By distributing decision-making authority, the platform aims to make XRPL more inclusive and transparent.
Notably, XAO DAO will not issue its own token. All governance actions will use XRP, maintaining alignment with the network’s native currency and reducing complexity. Additionally, XAO DAO plans to provide various grants, including those for validators, developers, venture capital-backed projects, branding, and policy development. These grants are intended to back innovative ideas that contribute to the XRPL ecosystem’s expansion.
