Governance Mechanism

Governance mechanism of the Doracle DAO will be based on decentralized principles and technologies.

Voting Rights

Each DAO member will have voting rights to participate in important decision-making through voting. Voting rights can be allocated based on the amount of Doracle tokens held, ensuring fairness in participation.

Proposals and Discussions

DAO members can propose governance initiatives and submit important issues for voting and discussion. This can be done through an internal discussion forum or an online platform.

Multi-signature Decisions

Critical decisions may require consensus from multiple members. The DAO can adopt a multi-signature mechanism to ensure the reasonability and security of decisions.

Code Review and Upgrades

DAO members can participate in the code review and upgrade process of Doracle to ensure the protocol's safety and stability. This can be achieved through technical discussions and auditing processes.