# 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

<table data-header-hidden><thead><tr><th width="127.2552490234375">Sections</th><th>Rule</th><th></th></tr></thead><tbody><tr><td><strong>Sections</strong></td><td><strong>Rule</strong></td><td><strong>Note</strong></td></tr><tr><td>Proposers<br></td><td><ol start="1"><li>The combined total of veCARV(s) + veCARV exceeds 10M</li><li>Guardian Level 20+</li><li>Committee Members</li></ol><p>These three groups of people can meet the proposal eligibility criteria in CARV DAO.<br></p></td><td><ol start="1"><li><p>How to get the voting rights via $CARV:</p><ol><li>Operating verifier Node to get veCARV releasing</li><li>Staking $CARV on the page to generate veCARV(s)</li><li>Each 1 veCARV = 1 veCARV(s)</li></ol></li><li>Guardian: A decentralized community of participants responsible for actively engaging in public proposals and contributing to governance.</li></ol></td></tr><tr><td>Proposal content<br></td><td><p>Proposals:</p><ul><li>Abstract</li><li>Motivation</li><li>Rationale</li><li>Key Terms Definitions</li><li>Specifications</li><li>Steps to Implement</li><li>Timeline</li><li>Overall Cost</li></ul></td><td>-</td></tr><tr><td>Review and synchronization mechanism<br></td><td><ol start="1"><li><a href="https://discord.com/channels/915445727600205844/915445727600205846">Create a channel </a>where holding any veCARV(s) or veCARV allows participation in discussions. The community users in this channel can make proposal suggestions.</li><li>Committee members will draft proposals based on community feedback.</li><li>The draft will use <a href="https://tally.xyz/">Tally.xyz</a> to submit proposals and organize the necessary Community Townhall and Guardian Townhall.</li></ol></td><td>Committee Members will provide necessary assistance to Guardians and eligible veCARV(s) or veCARV holders in drafting proposals.<br></td></tr><tr><td>Voting mechanism<br></td><td><ol start="1"><li>Voting rights are obtained through staking or nodes, with each veCARV(s) or veCARV representing one vote.</li><li>These voting rights can be delegated to others.</li><li><a href="https://tally.xyz/">Tally</a> voting phase: Any user holding veCARV(s) or veCARV can vote.</li><li>If the majority (over 50%) of voters approve, the proposal will proceed to the execution phase.</li></ol></td><td>The governance contract is on Base.<br></td></tr></tbody></table>


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