Proposals & Voting
Last updated
Last updated
Deities possess the privilege and responsibility of initiating investment proposals that can encompass a wide range of actions and activities. These proposals serve as the foundation for shaping the DAO's trajectory, ensuring that it aligns with the overarching objectives and values of the community.
Once a proposal is meticulously crafted by a Deity, it is submitted to the broader community for voting. This stage marks the commencement of a collaborative process, as every community member is encouraged to participate in the evaluation and decision-making process.
$BARACS Tokens play a fundamental role in this process. $BARACS Tokens are a representation of active participation, governance influence, and revenue sharing within the DAO. $BARACS Tokens are required for community members to cast their votes on proposed actions, decisions, and investments.
The outcome of a vote is determined by the principle of majority consensus. When a proposal receives substantial support, indicated by a majority 'Yes' vote, it can be executed by the Deity.
