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Governance Model

Collective participation is the corner stone fair governance and sustainable growth
EYEQ DAO offers a community-led and expert collective-led multi-tier governance system offering a formal proposal process based on proven automated blockchain technologies.

PROPOSAL TEMPLATE

A proposal typically includes:
Abstract - two or three sentences that summarize the proposal.
Motivation - a statement on why the EYEQ DAO community should implement the proposal.
Rationale - an explanation of how the proposal aligns with the EYEQ DAO mission and guiding values.
Key Terms (optional) - definitions of any terms within the proposal that are unique to the proposal, new to the Community, and/or industry-specific.
Specifications - a detailed breakdown of applicable data that can be used for evaluating the proposal.
Steps to Implement - steps to implement the proposal, including associated costs, manpower, and other resources for each step where applicable.
Timeline - relevant timing details, including but not limited to start date, milestones, and completion dates.
Assignment for Implementation - to EYEQ collective team and participating community members

PROPOSAL CONFLICTS

If a suggested proposal directly conflicts with a proposal that is currently up for vote, the second proposal should not go for a vote until a decision is made on the first proposal to avoid approval of opposing requirements.
A suggested proposal that directly conflicts with another approved proposal cannot go to vote for three months after the original proposal has been implemented to avoid wasting community assets.

VOTING PROCESS

Assigned DAO moderators shall review proposals ensuring that each one has gone through the correct approvals process. New proposals are posted every week on Thursday by 7pm UTC, at which time a 7-day voting window is opened.
Each Committee Member is assigned one vote and cannot be divided into fractions and the total number of votes shouldn’t ever exceed the number of members. The voting option "Voting “In favor” means the voter is in favor of implementing the proposal exactly as-is. Voting “Against” means the vote is against implementing the proposal exactly as-is — you may vote “Against” to encourage the author to resubmit after making changes.
Proposals that are rejected will have the chance to be resubmitted within 14 days of the vote, a proposal is eligible for (1) resubmission. If the resubmission is voted "Against', the author will no longer be eligible to resubmit that proposal and will be struck out from any further consideration..

VOTING DELEGATION

DAO Committee members have the ability to delegate their votes. Vote delegations can be done at Governance Committee and Community Committee levels. Selected voting delegates are not able to delegate their vote. Quorum and Support thresholds will be set for each committee on-chain.

GENERAL RULES

Every year, there is a DAO-wide vote to determine which DAO members will serve on the Community Committee, which is defined as 10 members eligible to vote, with authority entrusted to them by their peers. A Community Committee member must have not less than 50 supporting votes for their candidacy to be considered. There are 10 members presiding in the committee who are elected annually by the community. The purpose of the Community Committee is to administer DAO proposals, serve the vision of the community and actively participate in the EYEQ DAO ecosystem development.
DAO members must search past proposals to ensure any idea they intend to write a proposal for has not already been submitted. If a suggested proposal directly conflicts with a proposal that is currently up for a vote, the second proposal should not go for a vote until a decision is made on the first proposal to avoid approval of opposing requirements.
A suggested proposal that directly conflicts with another approved proposal cannot go to vote for three months after the original proposal has been implemented to avoid wasting community assets.
Proposals will not be put up for a vote if they involve illegal activity, hate speech, pornographic material, or are at odds with the mission or values of the MEDIA EYE best practices standards.