Usage of CHD in Governance
Proposal. In the planning of Charity DAO, proposals can be initiated by CHD holding users. Such proposals can be the donation target persons of the CHD in the public donation pool, or about optimization and adjustment of the whole Charity DAO mechanisms and ecosystem. At this stage, proposals are initiated by the gatekeepers with opinions from the entire community; and as the DAO becomes more stable, the proposal responsibility is transferred to the DAO.
After the DAO initiates a proposal, users can stake CHD into the DAO to get the right to vote, and more staked tokens mean more votes. The proposal option with the most votes within a specified time will prevail and will be executed.
Last modified 11mo ago