The 00 DAO
What is the 00 DAO, what it votes on, about the 00 Foundation
Last updated
What is the 00 DAO, what it votes on, about the 00 Foundation
Last updated
All 00 token holders collectively form the 00 DAO (Decentralized Autonomous Organization). The 00 DAO governs the P00LS protocol and controls the 00 DAO Treasury.
The mission of the 00 DAO is to enable and facilitate the adoption of social tokens using the P00LS protocol.
The 00 DAO can vote for their representatives - the 00 Special Council. The role of the Special Council is to animate and moderate the token holder community on Discourse and Discord, as well as represent the 00 token holder community at large.
Learn more about the 00 Special Council
The 00 DAO votes on how to use the 00 DAO Treasury holdings (see Token Economics). This includes 00 tokens, creator tokens as well as protocol fees.
The 00 DAO can suggest and vote on major tokenomics updates for the 00 token. This includes token inflation rate, token models (staking or vote-escrowed implementations), re-allocations, etc.
The 00 DAO can suggest and vote on P00LS protocol updates. This can include updating protocol fees, adding new rewards and engagements, etc
The 00 Foundation is the steward of the 00 DAO. Its sole purpose is to execute the 00 tokenholder community’s decisions.
The goal of the 00 Foundation is to steward the growth and development of the 00 ecosystem in a fair and inclusive way. It controls the 00 DAO Treasury and directs funds as instructed by the 00 DAO. It also provides an infrastructure for 00 holders to collaborate through open and permissionless governance processes.
The Foundation facilitates decentralized and community-led governance. It is tasked with administering the decisions of the 00 DAO, and is responsible for day-to-day administration, bookkeeping, project management and other tasks that ensure the DAO's community ideas have the support they need.
The 00 Foundation has nominated a board of directors — the 00 Foundation Board — whose purpose is to administer the DAO proposals and bring to life the vision of the community. It convenes to discuss the implementation proposals requiring administrative review under the 00 DAO rules.
The initial 00 Foundation Board is named for a two year term, which automatically renews, unless new directors are appointed by vote of a majority of the 00 tokenholders. The 00 tokenholders can also remove and replace a director at any time through a majority vote of the zerozero DAO.