TechFlow News, NFT trading protocol SudoSwap has launched its governance token SUDO and activated the governance module. The SUDO Lockdrop and Airdrop are now accessible.
XMON holders can obtain SUDO tokens through the Lockdrop event. XMON tokens will be locked for one month starting from the contract deployment, with each locked XMON earning 10,000 SUDO tokens. Early sudoAMM LPs (limited to liquidity pools) and 0xmons NFT holders (prior to snapshot date) are eligible to receive the SUDO airdrop.
Additionally, SUDO uses the on-chain OpenZeppelin Governor module to govern the sudoAMM protocol. Addresses delegating at least 300,000 SUDO can create on-chain proposals. Proposals require a 2-day voting delay, and must achieve majority support with no less than 2.4 million SUDO votes in favor within a 3-day voting period to be executed. Through on-chain proposals, holders can vote on adjustments including fee toggles, adding new routers, whitelisting external contract pools, and introducing new bonding curves.Original link
