'Project Management for DeFi Protocols: An Overview' daogovernance xdao
This means that if all members with 20 GT and one of the five smaller GTs vote, the proposal will pass. But if at least one of the managers with 20 GT does not agree with the decision, or all five junior employees do not agree with it, the vote will not reach a quorum and cannot be executed. In the latter case, participants propose a different solution. And any of the team can initiate a vote, which makes the process transparent and allows any of the participants to put forward a proposal.
In the case of Off-Chain voting, the DAO creates a cell on the Snapshot and sets up a vote with a project token. These can be completely off-chain votes. In this case, the community with project tokens votes on the Snapshot platform and the result of these votes will be visible to the team and executed by the team in the future.
We are happy to support teams and help them set up a DAO over the protocol in the most decentralized way. If you need any help, you are welcome to join our community! experienced an exit scam, proving that trust and understanding inside a DAO team may not be enough to prevent risks of fraud.Fortress DAO is one of several crypto projects that tried to repeat the success of Olympus DAO. For the time being, Olympus and its ponzinomics created great results in OHM token price growth reaching $1,500, but then it plummeted to under $100.
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