Chainverge Docs
  • Introduction
  • 🪙Tokenomics
    • - Token Information
    • - Token Allocation
    • - Fee Distribution
    • - Burn Mechanism
    • - PreSale
    • - Roadmap
  • 🤖Products
    • - Staking
    • - Exchange
    • - Fee & Safe
    • - Crypto Card
    • - VergeBot
    • - NFT
    • 📖Product Status Table
  • 🧟PrimusZ
    • Introduction to PrimusZ
      • Game Concept
      • Setting and Theme
    • Getting Started
      • Installation and Setup
      • Tutorial Overview
    • Gameplay Mechanics
      • Character Creation and Customization
      • Survival Essentials
      • Day-Night Cycle and Weather Effects
    • The World of PrimusZ
      • Map Overview
      • Environmental Zones and Hazards
      • NPC and Enemy Types
    • Resource Management
      • Gathering and Farming
      • Crafting and Building
      • Item and Inventory Management
    • Combat and Defense
      • Weapons and Equipment
      • Combat Strategies
      • Base Defense and Fortification
    • Social Interactions
      • Forming Alliances and Teams
      • Trade and Barter System
      • PvP and PvE Dynamics
    • Play2Earn Features
      • Earning Mechanics
      • In-Game Economy and Tokenomics
      • Rewards and Achievements
    • Community and Support
      • Joining the PrimusZ Community
      • Customer Support and Assistance
      • Feedback and Suggestions
  • 🏛️Governance [DAO]
    • - DAO
      • Guidelines
    • - How to Guide
      • Submit a DAO Proposal
      • Vote on Proposals
    • - Development
  • Fundamentals
    • 🛠️Getting set up
      • 🪙How to buy Crypto
        • For Mobile (iOS, Android)
        • For PC ( Chrome )
      • 🦊How to install MetaMask
      • 💰How to participate in CVE PreSale
      • 🎮How to buy CVE Token
      • 💸How to Stake CVE
      • ▶️Video Instructions
    • 🔗Links
      • Pitch Deck
    • 🎥PRESS
    • 👨‍💼Affiliate
Powered by GitBook
On this page
  1. Governance [DAO]

- DAO

PreviousFeedback and SuggestionsNextGuidelines

Last updated 1 year ago

Chainverge's Decentralized Autonomous Organization (DAO) is a foundational pillar of its ecosystem, ensuring that decision-making is transparent, democratic, and truly represents the interests of its community. The DAO oversees the development and direction of all Chainverge products, from games to DeFi offerings. Vote here:

Proposal Initiation:

  • Community Proposals: Any member of the Chainverge community can propose changes, new features, or developments related to any product.

  • Formal Submission: Proposals are formally documented and submitted to the DAO for consideration.

Preliminary Review:

  • DAO Committee: A smaller committee within the DAO reviews the proposal for feasibility, potential impact, and alignment with Chainverge's vision.

  • Feedback & Refinement: The committee might provide feedback, after which the proposer can refine and resubmit the proposal.

Community Discussion:

  • Open Forums: Before voting, proposals are discussed in open community forums, allowing for a broader range of feedback and perspectives.

  • Refinements: Based on community input, further refinements can be made to the proposal to ensure it's in the best interest of the entire community.

DAO Voting:

  • Voting Period: A specific timeframe is set for the community to cast their votes.

  • Token-based Voting: Voting power is typically proportional to the number of Chainverge tokens (CVE) a member holds. The more tokens, the more weight a vote carries.

  • Transparent Tallying: Votes are tallied transparently using blockchain technology, ensuring no manipulation.

Decision Implementation:

  • Approval Threshold: Proposals need to achieve a certain threshold (e.g., a simple majority or a supermajority) to be approved.

  • Execution: Once approved, the Chainverge team and community collaborators work on executing the proposal, whether it's a new feature, a change, or the development of a new product.

Feedback & Iteration:

  • Post-implementation Review: After the decision is implemented, there's a review period to assess the impact and effectiveness of the change.

  • Continuous Improvement: Based on real-world results and feedback, further refinements or changes can be proposed and the cycle begins anew.

🏛️
https://www.chainverge.net/dao