2. Governance Structure

The WOW EARN DAO will receive income from the WOW EARN Blockchain, with a portion of the yield earned going into the treasury. The treasury will pay out developers and permanent staff to maintain and expand the WOW Chain. In addition, treasury funds will pay for its future products.

The WOW EARN DAO will fund projects that build on the WOW Chain or use the WOW tokens in their applications. Reach out to the developers and mods on the community discord if you have an idea for building something. You will receive funding if the community likes your idea and approves it via a token vote.

WOW EARN DAO believes in supporting the greater WOW EARN community and plans to donate a portion of treasury income to grants and other charitable programs.

Token holders can signal a desire to change the Chain via governance voting.

2.1 Token-Based Voting

  • Implement a one-token-one-vote system for major decision. More tokens you hold, more influence your decision has.

  • Introduce quadratic voting for certain proposals to balance influence.

2.2 Proposal Types

  • Network Upgrades: Changes to the core blockchain

  • Treasury Management: Decisions on fund allocation

  • Incentive Structures: Modifications to earning mechanisms

  • Partnerships and Integrations: Collaborations with other projects

2.3 Voting Thresholds

  • Quorum: 30% of the circulating supply must participate

  • Approval: 66% majority for standard proposals, 75% for critical changes

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