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Glossary

DAO

A decentralized Autonomous Organization is a governance mechanism for making decisions in a more trustless and collaborative way. Voting rights are often bound to a governance token. In Oxychain the governance token is OXY.

EVM

Ethereum Virtual Machine, is a state machine in which all Ethereum accounts and smart contracts live. At any given block in the chain, Ethereum has one and only one canonical state, and the EVM is what defines the rules for computing a new valid state from block to block.
Last modified 2mo ago
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DAO
EVM