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Retail DAO Governance 🗳️

Overview​

Retail DAO operates a hybrid governance model combining on-chain and off-chain mechanisms to ensure transparent, community-driven decision-making. We use:

  • Aragon: On-chain voting for binding proposals
  • Snapshot: Off-chain proposals for gasless voting
  • Discord Polls: Community sentiment and informal input

Governance Process​

  1. Submit Proposal Idea:
    • Who: VerifiedMembers token holders (Basic Member)
    • Where: Governance Forum on Discord
    • Requirements: Clear title, description, and rationale per pre-described outline.
  2. Discussion:
    • Conducted in Discord’s Governance Zone or Snapshot comments
    • Open for at least 48–72 hours or longer until the Forum Post has collected 8 green check marks.
  3. Voting:
    • On-chain (Aragon): For binding decisions (e.g., token allocation) and proposals for token spending of >1M $RETAIL (token weighted voting)
    • Off-chain (Snapshot): For strategy or non-binding proposals and proposals for token spending of >100,000 - 1M $RETAIL (token weighted voting)
    • Discord Polls: For quick community feedback, pre-approval of Aragon Proposals, proposals up to 100,000 $RETAIL token spending. (1 member = 1 vote)
    • Voting power is based on $RETAIL token holdings
  4. Execution:
    • Approved on-chain proposals are executed via Aragon smart contracts
    • Off-chain outcomes are implemented by the core team or delegated members

Transparency​

  • All proposals, votes, and outcomes are publicly logged:
    • On-chain: Base Network explorer
    • Off-chain: Snapshot and Discord archives
  • Smart contracts are audited, with reports in docs/audits.md
  • Governance updates are documented here and announced on Discord