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Introduction to DAO Governance Committee

Voting platform:
Voting rules:
  • Voting token: SHD-ETH LP (Ethereum), the number of tokens represents the number of votes;
  • After the proposal is passed, the development team will send a Timelock transaction, which will take effect 24 hours later.
Governance Range:
Parameter modification, product optimization and modification;
Governance Committee members and responsibilities:
The members of the governance committee have the right to propose and Timelock multi-signature rights;
Note: The current priority is to develop the community, and the election of governance committee members will be conducted from the community in the future.
Governance process:
  • The governance committee creates a proposal (create page;
  • The proposal will then enter the voting window, and any user holding SHD-ETH LP can participate in the voting;
  • After the proposal is passed, the governance committee initiates a Timelock transaction to execute the content of the proposal, which will take effect 24 hours after the transaction is completed.