⏩Governance Process

Decentralized Voting System

The DaoX ecosystem is controlled by vDaoX token holders who vote on off-chain proposals (on DaoX snapshot) that govern the ecosystem. Proposals that generate a majority support (>50% of the votes) are executed by the DAO Multisig.

Governance Proposals Process

The steps for a successful governance proposal are:

1. Create a proposal by using the proposal framework to share on the forum and exchange with the community.

2. Exchange with the community for a minimum of 2 days on the forum then update to proposal if it is needed.

3. Post the proposal on the DaoX snapshot by following the Proposal Framework.

If successful, the proposal payload will be executed and implemented by the DAO Multisig.

Before voting, switch to Ethereum network for snapshot voting system.

DAO Discussion

Discussion regarding changes in the protocol happen on the following channels:

• Governance Forum

• Telegram

• Discord