EDAO (or ElonDoge DAO) powers the ElonDoge memecoin ecosystem as a governance token. EDAO powers auxiliary functions to expand ElonDoge's use-cases beyond its initial static reflection protocol and automated liquidity provision.
EDAO allows for several key expansion features made possible by decentralized governance such as: * Controlling parameters for NFT auctions and partnerships * Managing EDOGE and EDAO reserves for business use * Voting power for fair launch offerings on the ElonFuel launchpad (powered by ElonDoge)
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