📔DAO Governance

This is an early draft and may change based on community feedback.

CARV DAO is a decentralized, community-led system where CARV token holders propose and vote on ecosystem changes. Governance power reflects both token holdings and active contributions to ensure fair decision-making. A smart contract-managed treasury funds ongoing development. CARV tokens are not just for governance but have real utility within the CARV ecosystem.

Note: Members who can’t vote actively can delegate their voting power to others ("voting delegation").

Principles & Rules

Sections

Rule

Note

Proposers

  1. The combined total of veCARV(s) + veCARV exceeds 10M

  2. Guardian Level 20+

  3. Committee Members

These three groups of people can meet the proposal eligibility criteria in CARV DAO.

  1. How to get the voting rights via $CARV:

    1. Operating verifier Node to get veCARV releasing

    2. Staking $CARV on the page to generate veCARV(s)

    3. Each 1 veCARV = 1 veCARV(s)

  2. Guardian: A decentralized community of participants responsible for actively engaging in public proposals and contributing to governance.

Proposal content

Proposals:

  • Abstract

  • Motivation

  • Rationale

  • Key Terms Definitions

  • Specifications

  • Steps to Implement

  • Timeline

  • Overall Cost

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Review and synchronization mechanism

  1. Create a channel where holding any veCARV(s) or veCARV allows participation in discussions. The community users in this channel can make proposal suggestions.

  2. Committee members will draft proposals based on community feedback.

  3. The draft will use Tally.xyz to submit proposals and organize the necessary Community Townhall and Guardian Townhall.

Committee Members will provide necessary assistance to Guardians and eligible veCARV(s) or veCARV holders in drafting proposals.

Voting mechanism

  1. Voting rights are obtained through staking or nodes, with each veCARV(s) or veCARV representing one vote.

  2. These voting rights can be delegated to others.

  3. Tally voting phase: Any user holding veCARV(s) or veCARV can vote.

  4. If the majority (over 50%) of voters approve, the proposal will proceed to the execution phase.

The governance contract is on Base.

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