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FunctionalityUser Acceptence CriteriaAcceptance testing statusComment
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Before merge to `main`Before the release (...)Before the release (...)
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Token Holder DAOToken Holder DAO members can delegate vote power (regardless of if the T is wrapped from KEEP or NU) to other members
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Token Holder DAO can manage the treasury
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Token Holder DAO can deploy to treasury
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Token Holder DAO is an owner of the T token contract
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Token Holder DAO can mint new T tokens
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Each Token Holder DAO member can submit a proposal on Threshold governance forum for a temperature check (no minimum token threshold required)
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Once the proposal gets posted on Threshold governance forum, it's submitted to the temperature check, where each Token Holder DAO member can vote in favor or against the proposal
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Token Holder DAO member(s) can move the proposal on-chain, if following conditions are met:
* the proposal received majority support during the temperature check
* member(s) submitting the proposal on-chain hold enough vote weight to reach proposal treashold
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Proposal threshold for Token Holder DAO is set initially at 0.25% of vote weight
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Token Holder DAO can adjust Token Holder DAO’s and Staker DAO’s proposal threshold numbers
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Token Holder DAO members can vote in favor or against of the proposal on-chain, if following conditions are met:
* proposal is on-chain
* vote delay has passed
* voting period has not elapsed
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One Token Holder DAO member can cast only one vote per proposal in on-chain voting
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Token Holder DAO can execute proposal if the proposal passed, i.e. if following conditions were met:
* voting period has elapsed
* proposal received enough votes to reach the quorum
* more that 50% of received votes were 'in favor' of the proposal
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Token Holder DAO can adjust Token Holder DAO and Staker DAO quorum numbers
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Token Holder DAO can adjust Token Holder DAO and Staker DAO vote delays
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Token Holder DAO can adjust Token Holder DAO and Staker DAO vote periods
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Token Holder DAO can appoint up to 9 members of the Multisig Council.
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Token Holder DAO can remove members from the Multisig Council
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Staker DAOStaker DAO members can delegate stake weight
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Each Staker DAO member can submit a proposal on Threshold governance forum for a temperature check (no minimum stake threshold required)
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Once the proposal gets posted on Threshold governance forum, it's submitted to the temperature check, where each Staker DAO member can vote in favor or against the proposal
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Staker DAO member(s) can move the proposal on-chain, if following conditions are met:
the proposal received majority support during the temperature check
member(s) submitting the proposal on-chain hold enough vote weight to reach proposal treashold
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Proposal threshold for S DAO is set initially at 0.25% of stake weight
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Staker DAO members can vote in favor or against of the proposal on-chain, if following conditions are met:
* proposal is on-chain
* vote delay has passed
* voting period has not elapsed
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One Staker DAO member can cast only one vote per proposal in on-chain voting
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The vote power in Staker DAO is determined by stake weight on the network (without the introduction of a separate token)
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Staker DAO can execute proposal if the proposal passed, i.e. if following conditions were met:
* voting period has elapsed
* proposal received enough votes to reach the quorum
* more that 50% of received votes were 'in favor' of the proposal
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Multisig CouncilMultisig Council can modify parameters relating to staking rewards in Threshold network applications
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The Multisig Council is initiated with the 4 members elected by the Keep community, 4 members elected by NuCypher community and one determined by an appointment or vote by the Keep and NuCypher teams. Inaugural elections will happen pre DAO launch.
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Multisig Council member’s term lasts a year, unless it is prematurely ended by the Token Holder DAO
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Multisig Council member can be appointed on multiple terms
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Multisig Council can veto any proposal that gets submitted on-chain
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Multisig Council decisions will be executed once they gather 4 valid signatures from Multisig Council members
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Open questions:
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* How can the minting power of a Token Holder DAO be restricted (by whom)?
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* Which DAOs will be able to decide on who gets the voting power in which DAO?
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