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Governance

MarsDAO's governance principle is based on the fact that in the MarsDAO ecosystem the community makes all decisions by voting.

The main aspects of decision-making within MarsDAO:

  • Community development decisions will be made in the Governance section.
  • Users can exchange MDAO tokens for GMDAO tokens at a 1:1 ratio.
  • To create a voting thread, one must have at least 100 GMDAOs in their account.
  • The thread is considered accepted by the community if at least 100,000 GMDAO tokens participate in the voting.
  • Obtaining GMDAOs is not a must and is only at each user's will.
  • Examples of voting topics: to whom and what grant to distribute; what projects are to be added to MDAO Maker platform; how to distribute the burn rate on Auto.farm.
Advantages of a decentralized management system
The key advantages of the MarsDAO decentralized management system:
  • The decentralized management system makes it possible for users to raise funds and resolve legal issues without the mediation of centralized institutions.
  • High adaptability (structural flexibility).
  • High functioning reliability.
  • There are no bureaucratic complexities under a decentralized management system.

This section will soon be available on the official MarsDAO website.