VDP-1 VitaDAO Governance Framework

NOTE: This is a duplicate of an on chain proposal from prior to VitaDAO's using snapshot, and is present here for completeness on snapshot. No snapshot vote occurred.

Summary

A description of user types, voting principles, VitaDAO's three-phase proposal process, and more.

Proposal Details

User Types

A member of VitaDAO is any staker of $VITA into its staking contract. Working group members and service providers contribute labour, expertise or advice to VitaDAO.

Governance Framework

VitaDAO members are in control of all governance decisions by voting on VitaDAO proposals. VitaDAO members' votes are weighted by the amount of VITA tokens they staked and used for a particular vote.

Proposal Types

Initially, there are four proposal types: Governance, Project, Funding and IP.

Proposal process

• Phase I (informal): Post on VitaDAO ideas category in Discourse with community support indicated by Discourse vote
• Phase II (formal, basic vote): Post on VitaDAO proposal category with template and phase II tag and community support indicated by Discourse vote
• Phase III (formal, on-chain vote): Upload to dao.vitadao.com for token-based vote In principle, as many decisions as possible should be made using a soft governance mechanism.

Compensation

An independent compensation committee proposes the recipients, amounts and modalities of payment, which is put up to a community vote initially and for any major change. Payment is done in VITA tokens or stable coins.

More information

For the full proposal with more details, see the discussion on Discourse here.