KAMBRIA DAO’S GOVERNANCE APPROACH WITH GT TOKEN
This week, let’s learn about Kambria DAO’s governance approach with GT token
Considerations when designing governance model:
Since Kambria DAOs are for businesses, from developing technology solutions to commercializing them, the governance model needs to balance perspectives of members contributing money and members working for the DAOs
Have a mechanism to find the right representatives to make decisions for the DAOs
Allow to make decisions fast (and correctly)
Allow Kambria as the Organizer / Architect to be able to orchestrate the development of the Kambria DAO model in the early stage, and gradually move the backstage when the DAOs are in stable operation
Governance model for Kambria DAOs:
Among DAO members who hold LP tokens, we will select representatives to join the DAO Council to make decisions for the DAO (GT holders)
Total GTs of a DAO is 1000
Quorum 70%: any vote needs 70% GTs (of total GTs minted at that time) to activate
40% (400 GTs) allocated to big fund contributors ie. LP token holders
40% (400 GTs) allocated to active LP token holders in terms of their participation in DAO businesses
20% (200 GTs) allocated to Kambria as the Organizer / Architect to orchestrate the development of Kambria DAO model in the early stage
For more details: https://kambria.io/blog/implementing-kambria-daos-on-xdao/
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