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
- 4.Reallocation of surplus funds from the Risk Buffer Fund
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).