# 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                                                                                             |


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