DAO Governance Mechanism

Governance Token: WBT

• All governance rights are allocated based on WBT holdings.

• WBT holders have the right to propose, vote, and delegate governance.

Governance Process

Proposal Submission

• Users holding a certain amount of WBT can initiate governance proposals (e.g., starting at 1,000 WBT).

• Proposals may include: new asset support, protocol parameter adjustments, and treasury fund usage.

Community Discussion

• Submitted proposals enter a public discussion period (3-7 days).

• Community members can participate in discussions on the forum, Discord, and Telegram.

Voting Phase

• Voting is executed via Snapshot or the on-chain DAO platform.

• Voting rights can be delegated (Delegate Voting).

• A minimum participation rate (Quorum) of ≥20% is required.

Execution and Supervision

• Approved proposals are automatically executed by smart contracts.

• Multi-sig wallets and timelocks ensure the security and transparency of the execution process.