Governance
Proposals are written in the open, voted on-chain and executed after a timelock. Nothing moves without a record.
The governance application reads deployed contracts only. Until the addresses are configured it says so plainly instead of showing numbers.
Take part
Post an idea on the forum, then submit a formal proposal once it has been discussed in public.
Independent technical, financial and legal reviewers publish findings before voting opens.
Staked ELD votes for, against or abstain. Quorum must be met, then a timelock runs before execution.
Process
A proposal cannot skip a stage. Each transition is a transaction anyone can verify on the block explorer.
An idea is posted publicly for discussion. No on-chain action, no capital at stake.
A specification is submitted with scope, budget, reviewers and reporting commitments.
Staked ELD votes for, against or abstain. Quorum must be met for the result to stand.
A passed proposal waits before execution, giving participants time to review and respond.
The transaction executes on-chain. The record is permanent and publicly attributable.
Exact voting delay, voting period, quorum and timelock delay are set on the deployed contracts and shown live in the governance app.
Examples
Each of these maps to a preset in the governance app that builds real calldata against a deployed contract.
Register a sector mandate with a spending ceiling and reporting duties.
Approve a third-party ERC20 so the treasury may custody it. It remains a third-party token.
Transfer ETH and book it against a vault ceiling in one atomic proposal.
Change a Governor parameter. Only governance can do this.
Examples of the kind of proposal the DAO is designed to handle. These are not real proposals — the live record is at /app.
Your role
One staked token is one vote, with a submission threshold high enough to deter spam and low enough that it is not a gate for insiders only.
Delegation lets holders who cannot follow every proposal assign their weight to a delegate whose published positions they agree with — revocable at any time.
Proposals, reviewer findings, vote counts and execution transactions are all published. There is no private channel where decisions are actually made.
Governance is not an investment activity
Risk
Governance is open by design. Read the litepaper, review the proposal process, and decide how you want to take part.
Governance participation is not an investment activity. Staking ELD activates voting rights; it does not generate yield, interest or any promised return, and it is not a claim on treasury assets. Digital assets carry substantial risk, including total loss. Nothing here is investment advice or an offer to sell.