Subnet DAO functions

The subnet DAO performs various functions within the Skynet protocol, including:

  • Changing subnet status: Controls a subnet's availability, toggling between active and inactive states.

  • Changing status: Oversees the availability of individual resources within the subnet.

  • Setting fees for subnet clusters: Determines fees for resource providers seeking to join a subnet, ensuring sustainable and competitive pricing over time.

  • Whitelisting resource clusters: Maintain an approved list of clusters, regulating subnet security by controlling resource access.

  • Adjusting subnet resource prices: Modifies resource prices within a subnet to ensure profitability and adapt to market conditions.

  • Adjusting revenue distribution weight of resource providers: Ensures fair revenue distribution among individual resources within the subnet.

  • Setting subnet parameters: Establishes subnet parameters, including available resources and size.

Ultimately, the subnet DAO is pivotal in optimizing subnets and underlying protocol architecture to achieve optimal efficiency and cost-effectiveness within the Skynet ecosystem.

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