The Kokonut DAO 🥥🌴
Dive into the Governance Mechanics for Kokonut DAO ⚙️
Moloch DAOs don't have any administrators or trusted intermediaries. All decisions are made through proposals executed directly against the treasury or vaults.
|
Terminology |
Definition |
|---|---|
|
Network Chain |
Kokonut DAO is deployed on Gnosis Chain, a highly secure, resilient, and decentralized EVM-compatible layer 1 network. |
|
Moloch Framework |
Any DAO member can withdraw their stake and receive a proportional share of the Kokonut DAO treasury assets. |
|
Permissionless |
Contributors can enforce governance through Rage-quit, allowing them to remove their tribute from Kokonut DAO if they are uncomfortable with its direction. |
DAO Membership Perks
|
Entitlement |
Description |
URL |
|---|---|---|
|
Kokonut DAO Voting Power |
$vKKN token gives holders voting power in the DAO, weighted based on the total circulation of $vKKN & $nvKKN |
|
|
Proposals Sponsorship |
DAO Members with at least 1 voting token can vouch for proposals to be entered into the voting phase. |
|
|
Community Coordination Hub |
Charmverse Workspace for Community Proposals, Forum, and Bounties for members of the ecosystem to interact and collaborate on ideas. |
|
|
On-demand Meetings |
DAO members can request meetings with Core Team Members from Kokonut Network. |
The DAO is the core vehicle for all fundraising, rewards distributions, and governance decisions.
Learn more about Kokonut DAO Migration to Moloch V3 👹
DAO Components
Moloch DAO Tokens: Non-transferable tokens, which are “Soul Bound” to your wallet, cannot be sold in the open market. No one can take away your ownership of Coconut Trees.
|
Terminology |
Description |
Contract |
|---|---|---|
|
Voting Tokens |
Tokens held by DAO Voting Members are minted on-demand via DAO Proposals by doing a tribute to the treasury. |
|
|
Loot Tokens |
Non-voting tokens are awarded based on Proof-of-Work to Land-Owners, Contributors, Core Team, and Partners that contribute value to the DAO. |
|
|
Tokens & Vaults Management |
Smart Contracts that handle token issuance and DAO Smart Wallets are managed via Proposals with Kokonut DAO as the sole signatory. |
|
|
Kokonut DAO Main Treasury |
Rage-quit-enabled SAFE Wallet which handles the minting, burning, and ragequit of the DAO Native Tokens. |
Voting Power Distribution
DAO Members have total control over the decisions; Kokonut DAO is a community-led organization using the Moloch Framework as its on-chain coordination mechanism.
|
Name |
Voting Power |
|---|---|
|
99.99% |
|
|
0% |
|
|
0.0016% |
Refer to the Kokonut Governance Framework for DAO proposal schema and voting parameters.
Kokonut DAO Tooling Gallery
The DAO is powered by a composable set of tools like Hats Protocol, Moloch Framework & DAOhaus 👹
