Equation DAO Governance Model
Governance proposals are divided into two categories: routine decisions and major decisions.
Routine decisions include:
Adding trading pairs
Adjusting non-core parameters, such as PR value cap, BR value cap, etc.
Major decisions include:
Adjusting core parameters, such as fee allocation ratio, etc.
Daily emission of EQU
Version upgrades
Routine decisions only require approval from EFC-Architect holders to be implemented.
However, major decisions require approval from both EFC-Architect holders and veEQU holders in two separate voting rounds to be executed (the order doesn't matter, but the second round must reference the proposal created by the first round).
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