Governance (DAO)
DAO Structure:
Participation:
Token holders can join the Evolve Network DAO by staking $EVOLVE tokens.
Each staked token represents a voting share in the DAO.
Proposals:
Any DAO member can propose changes, including network upgrades, new features, and policy adjustments.
Proposals require a minimum amount of staked tokens to be put forward for voting.
Voting:
Proposals are voted on by DAO members, with voting power proportional to the amount of staked tokens.
Decisions are made based on majority voting, with quorum requirements to ensure sufficient participation.
Governance Activities:
Network Upgrades:
Propose and vote on technical upgrades and new functionalities for the network.
Tokenomics Adjustments:
Adjust token distribution mechanisms, incentive structures, and transaction fees.
Community Initiatives:
Fund community projects, research, and development efforts to enhance the Evolve Network ecosystem.
Security and Transparency:
All governance activities are recorded on the blockchain, ensuring transparency and immutability.
Smart contracts automate the execution of approved proposals, reducing the risk of manual errors and manipulation.
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