📋Governance Overview

Understanding PoSciDonDAO's Governance System

PoSciDonDAO uses a dual governance system to ensure both broad community participation and expert oversight in decision-making. This structure helps balance inclusive community governance with specialized scientific review.

Two Types of Governance

1. Operations Governance (Community-Wide)

• Who Can Participate: Anyone holding SCI tokens

• Purpose: To make decisions about

  • DAO operations and management

  • Treasury allocations

  • Parameter changes

  • Protocol upgrades

  • Community initiatives

• Voting Power: Based on amount of locked SCI tokens and voting type per proposal

• Special Feature: Includes quadratic voting for certain proposals

• NOTE: Initial research funding proposals will be organized through the Operations Governance system. Once the Due Diligence Crew has gained sufficient members (15+), research funding proposals will be governed through the Research Funding Governance system.

2. Research Governance (Expert Review)

• Who Can Participate: Due Diligence (DD) Crew members only

• Purpose: To evaluate and decide on

  • Research proposals

  • Grant applications

  • Scientific project funding

  • Research outcome validation

• Requirements: Must hold 1,000 SCI tokens (subject to change) and be elected as DD member

• Responsibility: Ensuring scientific merit and feasibility

How Voting Works

For Operations Governance:

1. Regular Voting

   • Each locked SCI token = 1 vote

   • Minimum requirement: 1 SCI token

   • Earn PO tokens for participation

   • Voting streaks increase rewards

2. Quadratic Voting (Special Proposals)

   • Voting power = √(SCI tokens)

   • Requires identity verification

   • Prevents wealth concentration

   • More democratic decision-making

For Research Governance:

• DD members start off with equal voting weight but can be adjusted based on expertise and experience level

• Focuses on technical and scientific merit

• Requires expertise and active participation

• Decisions based on scientific criteria

Proposal Process

1. Discussion Period

   • Community feedback

   • Amendments and improvements

   • Expert input

2. Submission

   • Operations: Need 5,000 SCI tokens to propose (subject to change)

   • Research: Must be DD member to propose

3. Voting Period

   • 2-week voting window (subject to change)

   • Can change votes within 12 hours (subject to change)

   • Final decisions locked 3 days before end (subject to change)

4. Execution (if applicable)

   • Automatic if approved

   • Must meet quorum requirements

   • Transparent on-chain execution

Important Notes:

• 🏛️ Dual system ensures both community voice and expert oversight

• 🔍 Research proposals get specialized review

• 🗳️ Operations decisions involve entire community

• 💫 Earn rewards for active participation

• 🤝 System designed for fairness and expertise

• 📈 Parameters can evolve through community voting

Remember: This governance structure combines the wisdom of the crowd with expert knowledge, ensuring both democratic participation and scientific rigor in decision-making! 🌟