Creit protocol on Stellar celebrates over 200 domains registered with 130k+ XLM collateral after one month. They're launching DAO governance by distributing nearly half the governance token supply to early adopters as thanks. Upcoming features include domain buy/sell and full governance contract by end of April.
One month after launch, the Creit protocol on Stellar has surpassed 200 domain registrations backed by 130,243.68 XLMs in collateral, prompting thanks to early adopters. To transition to a community-driven model, the team is initiating DAO governance starting with distribution of almost half the governance token supply to early users, with details in their docs. This is the first step toward full DAO implementation. Next, they'll release buy/sell functionality for domains, complete the token distribution, and deploy the governance contract, targeting completion before April's end. The Creit Technologies team expresses gratitude and teases future updates.
