Taco Partners with ZZZ.Finance to Explore New Governance Model

Taconomics
3 min readAug 27, 2020

We’re pleased to announce that Taco has partnered with ZZZ.Finance to create a universal framework for decentralized governance.

We will work together on its design before unilaterally applying it to Taco and ZZZ respectively. With both teams currently exploring governance, it makes sense to combine our resources and develop an optimal solution that can be independently integrated into each project.

ZZZ is a community-focused defi project that’s been pioneering some of the most innovative yield farming systems in the space. The quality of ideas emanating from the ZZZ camp and the speed with which they ship has been breathtaking to watch and we’re looking forward to collaborating closely moving forward.

Our shared goal is to create a decentralized system for project management that will give token-holders a direct say on product developments, treasury management, and budget approval. Creating a fair, transparent, and user-friendly governance system for managing micro-cap projects requires the combined know-how and experience of the Taco and ZZZ teams. We’re confident we can engineer a system that will result in a fairer and more fun defi experience for everyone.

This Isn’t Even Our Final Form

Taco was created as an experiment in deflationary currencies – as well as an experiment in iterating smart contracts with Solidity.

We’ve partnered with ZZZ to explore new development ideas, a governance system, and a more sustainable staking solution. We intend to implement these concepts with sustainability in mind, rather than simply focusing on short-term pumpenomics.

That said, for high time preference taqueros we do have one more high stakes game in the works. Taco Tuesday’s planned pool, which had to be deferred for technical reasons, will launch this weekend instead. All we can disclose is that it entails eating all the tacos you can stomach before the clock runs out 😜

T’s and Z’s

The greatest asset we have at our disposal isn’t our tokens but our team. Taco’s core contributors — including community members — are awash with good ideas coupled with the willpower and means to execute them. ZZZ, meanwhile, has been pioneering new staking systems and incentive models, while demonstrating that defi doesn’t have to be derivative: it’s possible to build upon the work of other yield farming protocols while also innovating.

We’re realistic about what can be achieved with yield farming and liquidity mining, and aren’t promising to change the world with TACOs and ZZZs. Beneath the cute memes and novelty food tokens, though, there’s serious work being done.

Today’s defi games will shape the incentive mechanisms built into tomorrow’s protocols.

When you pool your resources — team; talent; tokens — great things can happen. We look forward to exploring new ways to leverage the synergies between Taco and ZZZ Finance while building out a joint governance system.

Links

Taco website

Tacogram channel

TACO-ETH pool

ZZZ Finance website

NAP-ZZZ pool

Disclaimer

Partnerships are designed to add value to the community and projects involved. They do not constitute an endorsement by either party, and partnership announcements should not be mistaken as a solicitation to acquire the native tokens of any of the entities involved. Participants should perform their own due diligence and understand the protocols they are interacting with before proceeding.

Now enough with the smallprint: let’s get working to make Taco and ZZZ the ultimate yield farming combo.

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Taconomics

Delicious deflationary tokens with a hard shell. Farm your Taco NFTs with TACO and SALSA