| 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 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 making 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 rage-quit 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% |
DAO Membership Utility
| Utility | Description | URL |
|---|---|---|
| Kokonut DAO Voting Power | $vKKN token gives holders voting power in the DAO, weighted based on the total circulation of $vKKN | 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 |