DAO Voting & Proposals
Last updated
Last updated
In Stones War, DAOs, or Decentralized Autonomous Organizations, stand as the bedrock of our gaming ecosystem, embodying a direct democratic state within each faction. These entities hold the power to shape critical decisions related to in-game activities on their respective planets. DAOs empower every player to actively contribute by proposing ideas and participating in the voting process for decisions that impact the entire faction.
Within the DAO, two committees play a crucial role in the voting process: the NFT Council and the Staker Council. Each committee operates with its unique member structure, voting mechanisms, and specific voting rights for distinct proposals.
The NFT Council: Comprised of all players who own NFTs. The decision with the highest total NFT levels will receive approval.
The Staker Council: This includes all players who have tokens staked in the DAO Treasury. The proposal decision that accumulates the highest veTokens will be approved.
Joining the NFT Council is straightforward – all you need is to own NFTs. On the other hand, becoming a member of the Staker Council involves a slightly more intricate process. Anyone can submit proposals by staking tokens. To propose or vote in the Staker Council, players must expend veTokens, and these veTokens will be burned during the process.
The process to acquire veToken:
Stake tokens into the Token Staking Pool of the DAO Treasury.
Receive Principal Vouchers and Yield Vouchers.
Exchange the Principal Voucher for veToken via the DAO.
Various proposal types can be suggested and voted on within the DAO, each involving different costs and voting procedures. The following is a list of proposals currently available:
Evolve Base Price & Minimum Base Price
Summon/Breed Base Price & Minimum Base Price
Evolve Land Tax
Summon/Breed Land Tax
War Launching
uTOKEN/TOKEN Conversion Ratio
Note:
A minor fee is associated with the creation of a proposal.
Some proposals need both councils, while others just need one.
