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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6. Tutorials

Introduction to DAO Governance Committee

Last modified 2yr ago

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