Decentralised Autonomous Organization (DAO)
Tokenization: GokuMarket Credit (GMC)
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GokuMarket governance mechanism is created keeping in perspective the ease and inclusivity within the community. Here are a few approaches on how the Governance Mechanism would work:
Anyone can pledge GMC for becoming a DAO member.
All DAO members receive revenue share from the fees collected in Swap, NFT sales, etc.
Anyone can create a proposal by spending 1000 GMC
Anyone who had minimum 5 GMC in their decentralised wallet at the start of voting period ( at block when proposal was created) are eligible to vote. Voting doesn't cost any GMC to user.
will be used to verify the wallets with minimum GMC at the block when the Proposal was created ( start of voting).
Top 9 pledgers are called directors, once pledged you can unpledge GMC only after their respective pledged duration of 30/60/90/120 days are completed.
Any proposal to be approved must be voted by a minimum of 5 current Foundation members.
DAO Foundation is a permanent member of DAO and would receive 5% of the total revenue collected by DEX & NFT.
DAO Foundation list will be provided (i.e. wallets)
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