DAOTON No-code DAO Platform for Telegram and TON

DAOTON.io is a DAO platform on TON with strong integration to Telegram. Design, build, deploy, run, manage, use your DAO's no-code with an easy to use UI/UX heavily integrated with Telegram.

This killer app aims to gather DAOs on the Telegram and TON ecosystems.

It also introduces the lockable token concept for improved efficiency in some staking based dApp use cases.

The Lockable Token Standards we introduce are extensions to the already present token standard on TON. They rely on the asynchoronus transaction model and sharding mechanism of TON and bring a new asynchorous scheme to increase the speed and security while decreasing cost of a great deal of web3 use cases which involve staking.

We are writing the following TON Enhancement Proposals (TEPs) to formally introduce the two standards.

• TEP-X Lockable Tokens Standard: An extension to the TEP-74 Fungible Tokens (Jettons) Standard
• TEP-Y Lockable NFT Standard: An extension to the TEP-62 NFT Standard

Motivation for our TEP proposals

Most web3 use cases involve staking tokens in return for some utility and benefits. POS staking, token staking for interest benfits with certain APRs, staking for govenrance voting, staking for raffles, GameFi use cases, etc. The user sends a certain amount of stake tokens to a smart contract, which involves some logic and promises some benefits to the sender (staker). Mostly users

• can't read the smart contract code,
• have to sign transactions to trust the smart contract,
• are concerned about the possible vulnerabilities. (The psychology of a person signing a transaction using Ledger Nano X in blind mode is not what we need for mass adoption.)

Besides, the gas costs of the operations are significantly high in comparison to the web world.

We hereby propose

• an asynchorous scheme
• based on an local transactions talking to each other via costless getter functions,
• based on tokens which cannot be double spent by design and hence do not require network consensus for processing.

This allows the whole operation to be secure, fast, robust and cheap. The scheme is possible thanks to the following feattures of TVM,

• TVM transactions are fundamentally asynhronous.
• Each user wallet and Jetton account is a contract on the chain.

Click here for more information on Lockable Tokens Standard TEPs we developed in this BUIDL

Click here for buidl document!