7. DAO Governace Committee

Governance Scope

The Governance Committee can make changes to the following items.

Contract Parameters	Current Value	Instructions
totalSupply	10,000	Total supply of shard
deadlineForStake	5 Days	The time when you can subscribe. You can subscribe in the first 5 days of the subscription period.
deadlineForRedeem	7 Days	7 days (subscription)
shardsCreatorProportion	totalSupply * 5%	5% of the shards are distributed to the creator upon successful subscription.
platformProportion	totalSupply * 5%	5% of the shards are distributed to the protocol upon successful subscription.
WhiteList	ETH/WETH、USDT、USDC、ELF	The staked token category selected when creating the shard.
buyoutProportion	totalSupply * 15%	The minimum percentage of shard to be held by offeror, which is 15% of the total supply.
buyoutTimes	x1	The minimum purchase price to be set when launching a offeror, double the market price.
voteLenth	3 Days	The voting time after the tender offer, 3 days.
passNeeded	75%	The percentage of approval required to pass the tender offeror："No" Votes／(Shard Total Supply - amount of Shard staked by offeror) <= 25%
maxRankNumber	10	Number of farming pools that can share the dividends: 10
userDividendWeight	80%	80% of $SHD is reseived for liquidity mining
devDividendWeight	20%	20% of $SHD is reseived for DeveloperDAO Fund