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

https://link.kokonut.network/dao

Proposals Sponsorship

DAO Members with at least 1 voting token can vouch for proposals to be entered into the voting phase.

https://link.kokonut.network/dao

Community Coordination Hub

Charmverse Workspace for Community Proposals, Forum, and Bounties for members of the ecosystem to interact and collaborate on ideas.

https://link.kokonut.network/charmverse

On-demand Meetings

DAO members can request meetings with Core Team Members from Kokonut Network.

https://link.kokonut.network/meeting

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.

0xc6b075ac3234a7ac729114b27370b552fa284690

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.

0x2508a11aee11ad545bae87cd42131c04613b2099

Tokens & Vaults Management

Smart Contracts that handle token issuance and DAO Smart Wallets are managed via Proposals with Kokonut DAO as the sole signatory.

0x8977c56e979f0d8b76afb5ad85549acd2e96422d

Kokonut DAO Main Treasury

Rage-quit-enabled SAFE Wallet which handles the minting, burning, and ragequit of the DAO Native Tokens.

0xeb55b75328a8dffd45bbf34b7e7efc431a179085

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

DAO Members

99.99%

Core Team

0%

DAO Summoner

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 👹

DAOHaus

DAOHaus is the protocol for purpose-driven governance.

Charmverse

The Network for Onchain Communities.

Colony

Colony makes it easy for people all over the world to build organizations together, online.

Unlock Protocol

Smart contracts built specifically for memberships and subscription NFT.

Dive Deeper at Kokonut Wiki

The DAO is controlled by $vKKN & $nvKKN, Rage-quit enabled by default for members protection.