🎥Governance and DAO
Governance & DAO Model
Burnr is set to transform into a Progressive DAO, leveraging the $BURN token for governance activities and decision-making. This model aims to decentralize control while empowering the community with a voice in the project's future direction. Below are the outlined components of our DAO model:
8.1 Proposal Types
The DAO will entertain a diverse range of proposals to cover various aspects of community interests and ecosystem growth. The types of proposals include:
Feature Requests: Community members can propose new features or enhancements aimed at improving the platform's functionality and user experience.
Treasury Allocation: Proposals regarding the allocation of funds within the DAO treasury, ensuring resources are utilized effectively for growth and sustainability.
Developer Grant Approvals: Reviews of grant applications submitted by developers contributing to the platform, fostering innovation and development.
Reward Program Tuning: Suggestions for tuning the reward programs to optimize user incentives and participation in the network.
Burn Rate Adjustments: Proposals that influence the rate at which tokens are burned, impacting the overall tokenomics and scarcity.
8.2 Governance Process
Our governance process is designed to be transparent, inclusive, and efficient, ensuring community consensus drives the project's strategic decisions. The following steps outline the mechanism:
Token-Gated Proposal Submission: Only holders of $BURN tokens can submit proposals, promoting active participation from stakeholders invested in the platform's success.
7-Day Community Voting Cycle: Each proposal will undergo a 7-day voting period, allowing sufficient time for the community to engage, discuss, and make informed decisions.
On-Chain Enforcement via Smart Contracts: Decisions approved through the voting process will be executed automatically using smart contracts, ensuring trust and eliminating the need for centralized enforcement.
Through this innovative governance framework, Burnr aims to strengthen its community-driven ethos, ensuring that the collective input of $BURN holders shapes
9. Treasury Use & Management
The DAO Treasury (10%) supports:
Security audits
Open source grants
Ecosystem incentives
Strategic partnerships
Marketing campaigns
Managed via Gnosis Safe or multi-sig and later migrated to a full on-chain treasury governance system.
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