Governance (DAO)

DAO Structure:

1. Participation:

   • Token holders can join the Evolve Network DAO by staking $EVOLVE tokens.

   • Each staked token represents a voting share in the DAO.

2. 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.

3. 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:

1. Network Upgrades:

   • Propose and vote on technical upgrades and new functionalities for the network.

2. Tokenomics Adjustments:

   • Adjust token distribution mechanisms, incentive structures, and transaction fees.

3. 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.