Contents
This is a draft. Numbers marked † are proposals and may change before launch. Nothing in this document is an offer to sell anything or advice to buy anything. Section 13 lists the ways this can go wrong. Read it first if you are here for the token.
10. City Hall
Governance starts small on purpose.
- Votes decide what gets built next and which events run.
- One pass, one vote. Balance does not multiply your vote.
- To vote, a pass must be at least 14 days old† and its wallet must hold a small minimum of $ELSE†. This is there to slow down fake accounts.
- At first, votes are advisory: the team commits to following them and publishes the result and what was done.
- The Treasury publishes a monthly statement of what came in and what went out.
Binding on-chain votes over Treasury spending come later, once there is a track record and enough citizens for a vote to mean something. Elsewhere is not a DAO on day one, and we will not call it one.