Vote For What
In Vintage DAOs, Governance Voting defines the decision-making mechanism of DAO in matters such as investment decisions, eligibility, and DAO contract upgrades.
In Collective DAOs, Governance Voting defines the decision-making mechanism of DAO in matters such as investment decisions, eligibility, and DAO contract upgrades.
In Flex DAO, Governance Voting defines the decision-making mechanism of the DAO on matters such as Eligibility, voting mechanism modification, DAO contract upgrade, and so on.
Who Can Vote
In Vintage and Flex DAOs, all Governors have the right to vote on Governance Votings. In Collective DAOs, all Members have the right to vote on Governance Votings.
How To Vote
You can check the current proposals that are in the voting period (with a Voting tag) on the DAO's proposal list page. Click on the proposal card that is in the voting period to enter the voting page. On the voting page, you can view the detailed introduction of the proposal (such as the investment amount, fee, etc.) and the current voting situation. Several data points are worth your attention:
- Voting countdown: You need to vote before the voting period ends.
- Support and Quorum: They determine whether the proposal can be passed.
- Your voting power: It determines how much your vote influences the voting results.
When you decide to vote, simply click YES or NO and confirm the transaction when your wallet pops up. Once the transaction is successful, your vote will be recorded. You can see your vote in the Latest Voting list.
Proposals
Here are all the governance proposals for the three modes of venture DAOs in the DAOSquare Incubator.
Proposals | DAO Mode | Use For |
Fund Establishment | • Vintage | Start a new fund in Vintage DAO and fundraise after approval. |
Fundraising | • Collective | Raise funds for the DAO. |
Investment | • Vintage
• Collective | Propose to invest in a project. |
Governor-In | • Vintage
• Flex | Invite a new Governor. |
Member-In | • Collective | Invite a new Member (deposit is required). |
Governor-Out | • Vintage
• Flex | Remove an existing Governor. |
Member-Out | • Collective | Remove an existing Member (his/her deposit will be refunded). |
Voting Asset Allocation | • Vintage
• Flex | Manually adjust voting assets of governors under Allocation voting mechanism. |
Expense | • Collective | Request for one-time off expenditure. |
Top-up | • Collective | An existing member applies for making more deposit. |
Investor Limit | • Vintage
• Flex | Adjust the maximum number of investors in DAO. |
Member Limit | • Collective | Adjust the maximum number of DAO member. |
Governor Eligibility | • Vintage
• Flex | Modify the eligibility requirement to become a Governor of DAO (Threshold to entry rather than maintenance). |
Member Eligibility | • Collective | Modify the eligibility requirement to become a DAO Member (Threshold to entry rather than maintenance). |
Investor Eligibility | • Vintage
• Flex | Modify the eligibility requirement to become a Investor of DAO (Threshold to entry rather than maintenance). |
Scout Eligibility | • Flex | Modify the eligibility requirement to become a Scout of DAO (Threshold to entry rather than maintenance). |
Liquidate | • Collective | Liquidate DAO balance to restart. Remaining balance of existing members will be refunded. Only genesis members retain membership. |
Governor Fee & Carry | • Flex | Modify the related fee charged to Governors. |
Scout Fee & Carry | • Collective
• Flex | Modify the Scout fee & carry (An incentive mechanism to investment proposer) charged to Members. |
Redemption Fee | • Collective | Modify the Redemption Fee charged to Members. |
Governance Voting | • Vintage
• Collective
• Flex | Modify the Governance voting mechanism, incl. weight algorithm, support, and quorum, voting period, grace period, execution period. |
TempCheck | • Flex | Modify the TempCheck, incl. TempCheck voting mechanism, TempCheck Voter eligibility. |
Contract Update | • Vintage
• Collective
• Flex | Update latest smart contract for future operation. |
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