The BTC DAO will go live in a month. This is great news for PCX holders. We will deploy a The BTC DAO smart contract on the SherpaX chain. PCX holders can stake PCX to the smart contract by calling the contract interface. The usage of the raised PCX will be voted by the token holders, and the relevant proposals will be supported by the smart contract.
PCX holders can vote to use PCX to fund the SoSwap project, and will distribute 50% of the $SOS tokens (the upcoming tokens to be issued by SoSwap) in accordance with the investment ratio of PCX. In addition, we konw that,ChainX and SherpaX are the layer 2 network of Bitcoin, so,all future projects listed on SherpaX and ChainX will be proposed by The BTC DAO, and PCX holders will vote to decide whether to fund these projects. The tokens of these projects may also be distributed to PCX holders as dividends.
