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  • Whitepaper
    • Introduction
    • Mission, Vision & Values
    • Core Products
      • xHaven Marketplace
      • xHaven Launchpad
      • xHaven APIs & SDKs
      • xHaven FTSO
      • xHaven Validator
      • xHaven Collection
    • Technology
      • Multiple Token Standard Support
      • Cross-Chain Purchases
      • Dynamic Pricing Via FTSO
      • APIs For Enhanced Data Accessibility
      • SDKs For Modular Development
      • Sustainable Technology
  • Tokenomics
    • Introduction
    • Token Function
    • Governance Token Distribution Mechanism
    • Rewards
      • LP, Simple Staking & Governance
      • Platform Rewards
      • Rewards Distribution
    • Buyback & LP
    • Payment & Discount
    • Community Incentives
    • DAO Governance
      • Scope
      • Roles & Responsibilities
        • Stewards/Delegates
        • Council Members
      • Voting Power
      • Governance Process
        • Phase 1: Signaling Proposal
        • Phase 2: Change Proposal
        • Phase 3: Execution
        • Governance Process Mechanism
    • xHaven Collection
    • Airdrop
  • Token Distribution
    • Allocation & Schedules
      • xHaven Foundation
      • Platform Rewards
      • LP Staking
      • Simple Staking
      • Governance Staking
      • Community Incentives
      • xHaven Collection
      • Airdrop
      • Operating Expenses
      • Team
  • Additional Information
    • Additional Information
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  1. Tokenomics

DAO Governance

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DAO Governance | Scope | Roles & Responsibilities | Voting Power | Governance Process

DAO Governance

The xHaven protocol will begin as a centralized through the Marketplace app and gradually decentralize the underlying protocol on which the xHaven is built.

The xHaven protocol will be governed by its DAO members via the XVN token.

Creating a community and a functioning governance framework is a massive undertaking. Lest the whole is less than the sum of its parts, it needs to be created carefully with checks and balances.

The evolution of the DAO will have three distinct stages:

  1. Early days - during this period, the team is in complete control of the project, and no voting is done. This is because there will be bugs and events requiring immediate hotfixes, which cannot be done democratically.

  2. Semi-decentralization - during this period, the team is still in complete control of the project and can deploy hotfixes same as above, but for the non-urgent decision, it can take community input via a forum or even via off-chain voting like a snapshot - https://snapshot.page/#/

  3. Complete decentralization - during this stage, the project is fully decentralized, and all decisions are made via a strict procedure, and all voting is done on-chain.

The following describes, in adequate detail, the fully mature DAO (stage 3), its processes, and structure.

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Last updated 11 months ago