Ducat
  • Welcome to Ducat!
  • Introduction
    • Social Gaming
      • Introduction
      • Social Gaming Trends
      • Benefits of Integrating Web3 into Social Gaming
      • Fast Growth of Social Gaming
    • DUCAT Ecosystem
    • Vision and Mission
    • Roadmap
  • Core Features
    • Cross-Platform support
    • Multi-Utility ecosystem
  • Token/Governance
    • $DUCAT
      • Token Utility
      • Token Distribution
      • Fair Launch
    • DUCAT DAO
      • Polls
      • DAO Mechanisms
    • Token Emission
      • Liquidity Pool Emission
      • Primary Emission
      • Secondary Emission
  • Security
    • Audits
    • Deployed Addresses
  • Other
    • Disclaimer
  • Quicklinks
    • GitHub
    • X/Twitter
    • Telegram
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On this page
  • How DUCAT DAO Works
  • Membership Criteria
  1. Token/Governance

DUCAT DAO

This section explains the DUCAT DAO, how it works and how to be a part of it

DUCAT DAO is a Decentralized Autonomous Organization (DAO) that operates on blockchain technology to create a community-driven ecosystem. Its primary goal is to empower its members to collectively govern, and shape initiatives that align with the DAO's mission.

Members of the DAO hold $DUCAT tokens, which grant them governance rights, voting power, and access to exclusive opportunities within the ecosystem. The DAO’s decisions are made democratically, with token holders voting on proposals such as partnerships, treasury allocation, and protocol upgrades.

How DUCAT DAO Works

  1. Token-Based Governance DUCAT DAO is governed by its members, who hold DUCAT tokens. Each token holder has an equal opportunity to participate in the decision-making process by proposing initiatives, engaging in community discussions, and voting on proposals. The governance structure ensures that influence is based on collective agreement rather than solely on the number of tokens held.

  2. Proposal Submission Members can submit proposals to the DAO, which may include project funding requests, changes to the DAO's rules, or new partnerships. Proposals are reviewed and voted on by the community, ensuring a decentralized approach to decision-making.

  3. Voting Mechanism Voting power is proportional to the number of tokens a member holds. The voting process is conducted on-chain, ensuring transparency and immutability. Proposals typically require a minimum quorum and majority approval to pass.

Membership Criteria

Membership in DUCAT DAO is determined by the number of DUCAT tokens held. The more tokens a member holds, the more influence they have in the DAO's governance. Below is an outline of the membership structure:

  1. Minimum Token Requirement To become a member, individuals must hold a minimum number of DUCAT tokens. This ensures that all members have a stake in the DAO’s success.

  2. Tiered Membership Levels Membership can be divided into tiers based on the number of tokens held:

    • Basic Member: Holds the minimum required tokens; can participate in discussions and vote on proposals.

    • Contributor Member: Holds a higher number of tokens; eligible to submit proposals and access certain exclusive benefits.

    • Core Member: Holds a significant number of tokens; has greater voting power and access to premium opportunities within the DAO.

  3. Token Holding Verification Membership status is verified through blockchain wallets, ensuring transparency and security. Members must connect their wallets to participate in governance activities.

  4. Dynamic Participation Membership is fluid, meaning members can increase their influence by acquiring more tokens or reduce it by selling tokens. This allows for flexibility while maintaining a meritocratic structure.

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Last updated 4 months ago