2. DAO Governance

Overview

DAO (Decentralized Autonomous Organization) governance enables the community to have voting rights over protocol changes, ensuring a decentralized and democratic decision-making process.


Key Features

  • Voting Rights: Token holders gain proportional voting power based on their stake.
  • Proposal Mechanism: Any member can propose changes, subject to community voting.
  • Transparency: All decisions and voting outcomes are recorded on-chain.

Benefits

  • Fosters community-driven development and ownership.
  • Enhances transparency and accountability in protocol updates.
  • Ensures the protocol evolves in line with user priorities.