Governance

How will the UNITS DAO mechanism work?

The UNIT token is the UNITS DAO protocol governance token, UNIT token holders will be the decision makers for the UNITS DAO protocol Echo System.
The Units DAO protocol governance is based on a snapshot system, the community will raise proposals and control the direction of the ecosystem as the project progresses.
All decisions and processes will always be fully transparent to the whole community.
The proposal and voting system will govern the parameters of and execute actions in but not limited to:
  • Addition/ Removal support of new blockchains
  • Paying contributors
  • Staking / Bonding rewards distribution
  • Protocol improvements/proposals
Last modified 9mo ago
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