Equation DAO Governance Model

Governance proposals are divided into two categories: routine decisions and major decisions.

Routine decisions include:

1. Adding trading pairs

2. Adjusting non-core parameters, such as PR value cap, BR value cap, etc.

Major decisions include:

1. Adjusting core parameters, such as fee allocation ratio, etc.

2. Daily emission of EQU

3. 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).