Waves founder Sasha Ivanov recently tweeted that DWF Labs has pledged 500,000 WAVES for staking and voting to support the launch of WavesDAO.
WavesDAO is a for-profit DAO on the Power Protocol platform that aims to support the development of projects and other initiatives based on the Waves blockchain. During the launch phase, WavesDAO is seeking to introduce one-third of Waves miner rewards into WavesDAO. The proposal needs to be approved by Waves miners and stakeholders through on-chain voting. DWF Labs' participation in the program will authorize developers to build on the Waves blockchain after the proposal is approved.
Earlier on June 22, Adventure Gold DAO tweeted that DWF Labs has pledged to support the AGLD ecosystem and provide support for the upcoming Loot chain. DWF Labs has pledged to purchase AGLD tokens worth seven figures (millions of dollars) and provide support to the community through its network and partners.
